Buy VS Lease



If you're shopping for your next vehicle, you're probably deciding whether you want to buy or lease. Reasons for buying a new car include lower finance rates and the comfort of being the first owner of the vehicle.  New car buyers tend to have more freedom when choosing luxury and convenience features. For example, they can upgrade from cloth to leather seating and even add a premium entertainment system, while still keeping monthly costs manageable.

Likewise, leasing a vehicle offers substantial benefits.  One of the most attractive benefits is being able to get into a more luxurious vehicle for a lower price. Once you have kept the car in good condition and obeyed the terms of the lease, you can simply hand over the keys and walk away at the end of your lease. Many lease contracts offer a buyout option allowing you to pay cash for the vehicle or continue making payments until you own it if you decide you do in fact want to keep it. Self-employed individuals can even write off their lease payments as a business expense if it is used for business purposes. 

For more information on buying and leasing vehicles call, click or visit your local dealership today!