If you're looking to buy a car that you can drive while you're in college, you might have assumed that just buying one is your best option. However, leasing a car can sometimes be a good idea for college students, too. Even though it might not be the traditional option for college students, leasing a car might be the best idea for these reasons.
Keep Your Car-Related Expenses Down
College can be a tricky time for many students when it comes to finances. You might have a job, but you might not be able to work a lot of hours because of your schoolwork. You might also already be saddled with a lot of college-related expenses, such as paying your tuition and buying books and other necessary supplies. If money is tight, buying a car might be tough. Lease payments are often cheaper, though, you can save money over buying a car and making a monthly car payment. Plus, since leased vehicles are generally brand new, the car should be under warranty and shouldn't require a lot of repairs that you'll have to pay for. It might even come with a maintenance plan to help you keep costs reasonable.
Decide What Type of Car You Want
Right now, it might not be a good idea to invest in a car that you might have to keep for several years. For one thing, when you graduate from college and get your first "real" job, you might be ready to treat yourself to a nicer vehicle. Your needs might also change a lot in the next few years; right now, you might just need a small sedan or economy car, but you might need an SUV in a few years.
If you lease a car instead of buying one while you're in college, you don't have to commit to driving a certain type of car for a long time. Instead, you can choose a leasing period that only lasts for a few years. Then, you can test out one type of vehicle to see if it's right for you, and you can give yourself a chance to choose a different car later on if your needs change after you graduate.
Leasing a car while you're in college might not seem like the traditional route to take, but it might actually be what is best for you at this point in your life. If you talk to a dealer, such as at Zak Motor Group, you can find out more about car leasing to decide if it's right for you as a college student.