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Lease + Gap Coverage?

Shawn Ryder

Understanding the interplay between leasing and gap coverage is crucial to preventing potential financial setbacks in the unfortunate event of a total loss. Benefits of Leasing Lower Monthly Payments: Because you’re only paying for the vehicle’s depreciation, lease payments can be significantly lower than loan payments.

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Does it make sense to lease?

Shawn Ryder

Consistent Updates: Leasing allows you to drive a new vehicle every few years, benefiting from the latest technology and safety features. Stability in Payments: After the loan is paid off, you are left with no more monthly payments, which can enhance your financial freedom.