The lease-to-own tire option is ideal for those who do not want to devote much money to their new tires. Those who have the opportunity to purchase their new tires without paying out any cash upfront can choose the lease tire option.
The most common benefits of leasing a new tire are:
Lower monthly payments – Leasing a used car or truck is an affordable way to get the best value for your money. In most cases, you will pay less per month than you would have if you had purchased the vehicle outright. This can be a big advantage when you need to make a large purchase, such as buying a new car or truck.
No risk – When you purchase used tires, there’s no risk that the tires won’t work when they’re needed. You’ll also have peace of mind knowing that if something goes wrong with your tires, you can simply replace them with another set and keep going at full speed on your way to work or wherever else life takes you.
Warranty-Through tires lease to own option, your new tires will be covered by warranty for as long as you have the loaner tires. This means that if anything happens to them during their life, you’re covered.
Instant gratification- Leasing a new tire is a great way to get your car back on the road, especially if you’re in a tight spot and need something immediately. You can get a new tire at the same time as you fill up your gas tank, which means there’s no waiting period on your part and no more worries that you’ll be stuck on the side of the road with an empty tire and no spare.
Save money – You can buy new tires at a much higher price than what leasing costs. You’ll also be able to get better deals on your balance due over time. This means that when it’s time for your next set of tires, you won’t have any extra payments due on them.
Leasing offers an alternative to buying used tires-If you don’t want to deal with used tires, or if you simply don’t have the space in your garage for them, you can opt for leasing instead. Often, leases can be more affordable than outright purchases because they allow you to spread out your payments over time and avoid having a large chunk of cash sitting around at once, often referred to as “bad debt.” You may even find that leasing offers better terms on financing options as well, such as low-interest rates or no interest.
You can get the exact tire size and model you want- You don’t have to settle for something that doesn’t fit your vehicle and is too big or too small. With leasing, you can choose between various brands, sizes, tread patterns, and other factors to find the right tire for your car.
Easy financing-By leasing a new tire, you can finance it through the dealership. This means you will not have any interest payments or other fees attached to it, which will make things much easier financially in the long run. All you need to do is make sure that you pay off your balance as quickly as possible so that there are no late payments or other fees involved in doing so.
Flexibility– You can decide how often you need a new tire based on your driving habits and budget. You may only need one or two sets of tires per year, or you may need one set every six months. Leasing may be the better option if you’re looking for a tire that will last longer than one year.
Convenience -Most major brands offer both retail and lease options for their products. If you don’t like how a particular product feels or looks after installation, you can simply return it without any hassle.
Key Takeaway
You can drive away with your new set of tires on the same day as the purchase of your vehicle if you choose a lease option. This means no need for an extended warranty or jump-starts from an auto repair shop, although this is available through some dealerships. You simply take possession of your new set of tires and head out on the road.
