Lease vs. Finance: Which Is Right for Me?

Finding which car-buying method is right for you depends on several factors. A few of the factors include:

  • Ownership
  • Payment
  • Investment and Resale
  • Customization
  • Credit Score

If these are factors that influence your car-buying decision then browse our breakdown below of a few key advantages to leasing and a few financing advantages. If you have any questions then don't hesitate to call our dealership. We have a team of experts at our finance center that live and breath automotive car-buying and they would be more than happy to help.

Advantages of Leasing

Leasing a car provids you with a lower monthly payment than leasing but it also means that you don't technically own the vehicle. You only own the vehicle for as long as your lease agreement allows and it means that you will give it back to the dealership at the end of your lease.

You will have an option to buy the car at the end of your lease but you also have the option to lease another vehicle. This means that if you value having the latest-and-greatest model with the most modern bells and whistles then you can do that by consistently leasing a new vehicle at the end of your lease.

Advantages of Financing

Financing your car means that you own it, you can customize it and you can sell it at any point. It does also mean that you will have a higher monthly payment but you do not need as perfect of a credit score as you would need if you were to lease your vehicle.

If you are unsure which method will be best for you then consult our finance staff. They can analyze your financial situation, make recommendations and even point you in the direction of a few specials that can help save you money!

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