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To Buy Or To Lease? That Is The Question

April 26th, 2018 by 

Buying a car is a big, important decision that can affect you for the rest of your life. However, it doesn’t have to be a difficult or stressful one! The main thing you have to think about is whether you want to lease or finance a new vehicle, and which one is better for you where you are in your life. Remember, situations change and nothing is permanent – but if you’re trying to figure out what to do right now, we’ve got a short guide to both options that should help to make your decision easier! Take a look.

When you make the decision to lease a vehicle, the things you’re signing up for are:

  • Lower monthly payments

  • A brand new vehicle every few years

  • Warranty for the length of your lease

  • Service and maintenance free for the duration of lease

  • No worries about trading in or selling the vehicle after lease ends

If these sound like things you’d like, then you should talk to us about leasing a vehicle!

On the other hand, buying or financing a vehicle is also a great option. It’s a big, important purchase, but this is what it entails:

 

  • Complete ownership of your vehicle

  • Ability to customize/modify your vehicle after purchase

  • No mileage/time limit on ownership

  • No lease-end charges

  • Opportunity to improve credit