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We at Cleveland Motorsports, serving the North Olmsted OH area, understand that many savvy car aficionados favor leasing over purchasing. That’s a good idea, because leasing is an excellent way to arrange vehicle financing. Leasing requires upfront and monthly payments, just like a purchase. However, leasing confers several benefits that make it very attractive, especially for the expensive performance vehicles we offer at Cleveland Motorsports.
Leasing requires smaller monthly payments, because you finance only a portion (usually 50 to 60 percent) of its selling price. And here’s a nice dividend — sales tax is assessed on only the financed amount, not the purchase price. Many businesses prefer to lease because they get to immediately deduct lease payments instead of deducting depreciation over a five-year period. On a car costing a couple of hundred thousand dollars, this savings is substantial. And remember, leasing a new car every few years gives you access to the latest technology and features offered by the premium makes we represent at Cleveland Motorsports.
More reasons to lease:
You’ll always find several special lease deals at our dealership. We offer top performance brands, like Maserati, Rolls-Royce, Aston Martin and Levante. These specials change frequently, so check our website often. You’ll see deals in which the cap reduction, monthly payments and/or interest rates have been lowered.
Our sophisticated financial managers will be happy to help craft the lease to meet any special requirements you might have. Stop in today to Cleveland Motorsports in North Olmsted OH and explore first-hand the very special vehicles we offer in our very special Iease deals.