Larry H. Miller Lincoln in Draper, UT provides a lease program that is a low-cost way of driving a Lincoln. There is little or no down payment required, and no up-front sales tax payment (in most states). Leasing is a low-cost way of driving a Lincoln as you only pay for the portion of the vehicle you use.
Do you drive the vehicle for business:
When you lease a Lincoln, a portion of the car's depreciation and financing costs can be deducted on your taxes (please consult your tax advisor). Leasing most often has a lower payment than similar term finance payments - and a lower payment for your business means more disposable income for other important investments.
Leasing also means there is no hassle with trading-in or selling your vehicle at lease-end. We take the risk of the resale value at the end of the lease and provide you with a set purchase option.
Benefits of Leasing:
- Smaller (or no) down payment. This can often be the most influential reason to lease. It allows you to get into your new Lincoln for less upfront.
- A new car every few years. As your lifestyle changes, so can your Lincoln. Upgrade to the latest and greatest in technology, or downsize to something newer and sleeker.
- You can drive a better car for less money. Leasing most often has a lower monthly payment than similar term finance payments.
- No long-term commitment. At lease-end you have several options to transition out of your lease and into a new lease or purchase with ease.
- Warranty coverage. Leases often run the length of the manufacturer warranty, keeping you covered for any unexpected repairs that may arise.