Buying vs Leasing

Is Buying or Leasing Your Next Vehicle the Right Choice for You?

Before you can get behind the wheel of a new car, you need to decide if you want to buy or lease that vehicle. Both are great options, so it's up to you to decide which one better suits your needs. Below, you can learn about the benefits of each option so you can determine which one is right for you.

What are the benefits of buying your next car?

  • Since you own the car, you are free to keep it as long as you want.
  • There are no mileage restrictions, so you can drive as often and as far as you want.
  • As soon as you pay off your auto loans, your car payments stop.
  • The vehicle is yours, so you can customize or alter it in any way you choose.

What are the benefits of leasing your next car?

  • Your down payment and monthly payments will be lower.
  • You'll only be taxed on your monthly payments, rather than on the entire price of the car.
  • At the end of your lease, all you have to do is return the vehicle to us, allowing you to avoid the hassle of selling a car that you own.
  • Since many leases only last a few years, you get the chance to drive a new and exciting vehicle every couple of years.

If you'd like to learn more about the benefits of buying or leasing, don't hesitate to contact one of our finance departments, located at dealerships throughout Florida, Virginia, Washington D.C., and Maryland. We will gladly answer any questions you might have so you have all the information you need to decide if buying or leasing is the right option for you. Then, when you're ready, we can help you get the lease or loan that works best for you.