Why New Drivers Should Consider Leasing
Are you a first-time car buyer or a parent looking to buy your child their first vehicle? Leasing a new car might be the perfect option for you. At Walser Nissan Burnsville, we understand that buying a car is a significant decision, especially when it’s for a new driver. Leasing can offer numerous benefits that make it an excellent choice for first-time buyers and parents alike. Let’s dive into why leasing a new Nissan vehicle might be the best option for you.
More Safety Features
Safety is a top priority, especially for new drivers. When you lease a new Nissan, you’re getting access to the latest safety features and technologies. Nissan vehicles come equipped with advanced safety systems such as Nissan Safety Shield® 360, which includes automatic emergency braking with pedestrian detection, rear automatic braking, blind-spot warning, rear cross-traffic alert, lane departure warning, and high beam assist. Additionally, many Nissan models offer ProPILOT Assist, a hands-on driving assistant designed to help with steering, acceleration, and braking during single-lane highway driving. These features can provide peace of mind for both first-time drivers and their parents, ensuring that new drivers are as safe as possible on the road.
Under Warranty – No Surprise Expenses
One of the most significant advantages of leasing a new Nissan is that it’s typically covered by the manufacturer’s warranty for the duration of the lease term. Almost every Nissan comes with a 3-year/36,000-mile limited warranty and a 5-year limited powertrain warranty. For enhanced protection, Nissan also offers optional extended warranties. This means that most repairs and maintenance costs are covered, eliminating the worry of unexpected expenses. For new drivers and their parents, this predictability in costs can be a huge relief, allowing you to enjoy the driving experience without the fear of costly repairs.
GAP Insurance Included
Leasing often includes Guaranteed Asset Protection (GAP) insurance. GAP insurance covers the difference between the car’s value and the amount still owed if the car is totaled or stolen. This is especially important for new drivers who may be more prone to accidents. With GAP insurance included in your lease, you won’t have to worry about being financially upside-down if the unexpected happens.
Roadside Assistance Included
Leasing a new Nissan vehicle often comes with the added benefit of roadside assistance. Whether it’s a flat tire, a dead battery, or running out of gas, roadside assistance ensures that help is just a phone call away. This service is invaluable for new drivers who may not yet be familiar with how to handle these situations. Knowing that assistance is readily available can provide an extra layer of security for both the driver and their parents.
Lower Total Cost of Ownership
Leasing can often result in a lower total cost of ownership compared to buying a new car outright. Monthly lease payments are generally lower than loan payments, and because the vehicle is new and under warranty, maintenance costs are minimized. This financial aspect makes leasing an attractive option for budget-conscious first-time buyers and parents.
Great Way to Establish Credit
For first-time buyers, leasing a vehicle can be an excellent way to establish and build credit. Regular, on-time lease payments are reported to credit bureaus and can help build a positive credit history. This can be a significant benefit for young drivers who are just starting to establish their financial footprint.
Flexibility as Needs Change
Leasing offers the flexibility to adapt to changing needs. As new drivers gain experience and their circumstances change, they may want to switch to a different vehicle. Leasing allows you to drive a new car every few years, so you can always have a vehicle that suits your current lifestyle and needs. This flexibility is perfect for young drivers who may need a different type of vehicle as they transition from high school to college or a first job.
Leasing Process Explained
Understanding the leasing process can make the experience much smoother, especially for first-time buyers. At Walser Nissan Burnsville, we guide you through every step:
- Choose Your Vehicle: Select the car that fits your needs and budget from our wide range of new Nissan models.
- Test Drive: Experience the vehicle firsthand with a test drive to ensure it’s the right fit for you.
- Discuss Lease Terms: Our sales experts will explain the lease terms, including mileage limits, monthly payments, and lease duration.
- Review and Sign: Once you’re comfortable with the terms, review and sign the lease agreement.
- Drive Away: Drive off in your new leased vehicle with the confidence that you’ve made a smart choice.
Comparing Leasing vs. Buying
It’s important to understand the differences between leasing and buying to make an informed decision:
Leasing:
- Lower Monthly Payments: Generally lower than loan payments.
- New Car More Often: Drive a new car every few years.
- Maintenance Included: Often includes maintenance and warranty coverage.
- Mileage Limits: Usually has mileage restrictions.
- No Ownership: You don’t own the car at the end of the lease term, however you have the option to buy if you’d like.
Buying:
- Higher Monthly Payments: Loan payments are typically higher.
- Ownership: You own the car outright once the loan is paid off.
- No Mileage Limits: Drive as much as you want.
- Maintenance Costs: Responsible for all maintenance and repairs after the warranty expires.
- Resale Value: Can sell the car or trade it in.
Leasing Terms and Conditions
Leasing comes with specific terms and conditions that are important to understand:
- Mileage Limits: Leases typically have mileage limits, which can range from 5,000 to 15,000 miles per year. Exceeding these limits can result in additional charges.
- Wear and Tear: Normal wear and tear is expected, but excessive damage can result in additional fees.
- End-of-Lease Options: At the end of the lease term, you have options: return the vehicle, purchase it, or lease a new one.
- Early Termination: Ending a lease early can incur significant fees, so it’s important to commit to the full term.
Why Choose Walser Nissan Burnsville?
At Walser Nissan Burnsville, we pride ourselves on being an award-winning dealership with a commitment to transparency and customer satisfaction. Our ‘One Person, One Price‘ policy ensures that you’ll work with a single sales expert throughout the entire process, making your car leasing experience quick and seamless. Additionally, our Upfront Prices mean no haggling or hidden fees, providing a stress-free and straightforward leasing process. We have been Minnesota’s #1 Volume Nissan dealer since 2020 and have won multiple Nissan Awards of Excellence and are a 2x Global Award winner.
Choosing to lease from Walser Nissan Burnsville means you’re establishing a relationship with a dealership that values your needs and strives to provide the best customer service. Our experienced team is here to answer any questions you might have and guide you through every step of the leasing process.
Common Questions About Leasing
Q: Is leasing a good option for first-time drivers? A: Yes, leasing is a great option for first-time drivers due to the lower monthly payments, latest safety features, and the included benefits like warranty coverage and roadside assistance.
Q: How does leasing help build credit? A: Leasing helps build credit through regular, on-time payments which are reported to credit bureaus, thereby establishing a positive credit history.
Q: What happens at the end of the lease term? A: At the end of the lease term, you have several options: you can return the vehicle, purchase it for a predetermined price, or lease a new vehicle.
Q: Are there mileage limits on leased vehicles? A: Yes, leased vehicles typically come with mileage limits, but you can choose a lease term that matches your expected usage to avoid extra fees.
Q: Can I customize a leased vehicle? A: Leased vehicles must be returned in their original condition, so customization is usually not recommended. However, minor accessories that can be removed without damage are often acceptable.
Ready to explore leasing options for your first vehicle or your child’s new car? Visit Walser Nissan Burnsville today and experience the benefits of leasing firsthand. Contact us to schedule a test drive, learn more about our leasing options, or get pre-approved online. We’re here to help you every step of the way.
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