In 2024, more drivers than ever before are realizing that there’s a better way to get a car than purchasing one or signing up for a long term lease.
There’s a third option that’s becoming increasingly popular, according to a recent study from Deloitte. At Flexcar, we call it a flexible car lease.
Our thousands of customers are constantly telling us why they prefer flexible, month-to-month car leases over buying or traditional leasing. If you’re shopping for your next car, take a few minutes to read these five facts about flexible car leases:
Flexible Car Leases Let You Get a Car Fast!
When drivers buy or lease a car, they usually face a days- or weeks-long wait from when they sign a contract to when they get the vehicle. With flexible car leases, drivers can choose their vehicle online and get it as soon as the same day.
Flexible Car Leases Save You Money
When you buy and lease a car, the average amount you pay monthly is not the amount that you see in advertisements.
In addition to a monthly lease or finance payment, you’ll also have to budget for taxes, insurance, maintenance, and more. When you add all these costs up, you can be looking at an average monthly expense of $1,000 or more, according to NerdWallet.
Flexible car leases, by contrast, are much cheaper. With companies like Flexcar, you pay less when you drive less, you don’t pay for maintenance, and you get the best possible rates on insurance. The average monthly cost of a Flexcar is in the hundreds of dollars — not $1,000+.
The best part? A downpayment for a case lease or purchase can be thousands of dollars. With Flexcar, it’s $0.
Flexible Car Leases Let You Cancel Anytime
The worst part of buying or leasing a car is that, once you sign on the dotted line, you’re locked in. As we wrote in our last blog post, breaking a car lease contract can cost you thousands of dollars.
Flexible car leases, on the other hand, are completely flexible! You can cancel your month-to-month lease anytime, without paying a sky-high penalty.
Flexible Car Leases Let you Try New Cars
Have you always driven a gas car, and are thinking about switching to an electric? Or have you always driven a sedan, and are thinking of making the move to an SUV? Sure, you can test drive vehicles at dealerships, but that doesn’t really give you a sense of what it’s like to have that vehicle day after day, month after month.
With flexible leases, you can see if a new type of car is right for you. If you love the car, you can drive it for as long as you want. If it’s not for you, you can always swap it for another.
Drivers Love Flexible Car Leases
When you hear from drivers who have signed up for flexible car leases, they have great things to say. Flexcar has hundreds of five-star reviews. Here are a few of our favorite comments from 2024:
- “I’ve really enjoyed Flexcar. The comfort of all inclusive pricing for lease, maintenance, and insurance is very convenient.”
- “I don’t know why someone didn’t think of this idea earlier! It has been a perfect solution for me. My car is awesome!”
- “I have been with Flexcar going on two years. It is a great alternative for us who have a lot on our plates.”
- “This was the prefect solution for us; we leased a car so the kids home from college could use our other vehicles. Excellent service, great car, app is easy to use.”
Want to learn more about flexible car leases? Check out our FAQ page at https://www.flexcar.com/.
