Lease vs Buying?

Leasing a vehicle is a great option for those who want a new vehicle but don’t want to commit to a long-term loan. A lease typically lasts for two or three years and involves making a down payment and monthly payments to cover the cost of the vehicle . At the end of the lease, you will have the option to buy the vehicle or return it to the retailer. While leasing a vehicle may have its benefits, there are also some drawbacks. For example, if you exceed the mileage limit on your lease, you will be charged a fee. You may also be charged a fee for any damage to the vehicle  that is above normal wear and tear.

Buying a vehicle is usually a better option in the long run since you will own it after the loan is paid off. You can also modify the vehicle as you please and you won’t be charged for any additional mileage or damage. The fact that you will be traveling with your vehicle and estimate driving over 15,000 miles is another reason why you should not lease your vehicle. If you are familiar with the feeling of satisfaction you get when you pay off a purchase, then buying a vehicle may be for you as well. Find out what types of lease offers we have available by contacting us today. Here you can also apply for pre-approval. Take a look at our new entire inventory here.