Buying vs Leasing

Whenever you are looking to get a new car, you will often want to consider the advantages of buying and leasing a car. Both of these options are quite beneficial as well as offering their distinct advantages.

Buying a car entails making a down payment along with getting a loan. You will need to pay a loan over a span of five years on average. During the time you pay off the loan, you will enjoy full ownership of the vehicle as well as building equity and trade in value.

While buying a car is the most preferred option to most consumers, leasing is another good option to take advantage of. This allows you to get a new vehicle every three years as well as lower monthly payments. You will also be able to have all of your maintenance costs covered as well. To find out more about your car financing options, come visit a dealership today.
Categories: Finance

Comments

Nothing posted yet.
true
CAR_GURUS