Buying Vs. Leasing

ADVANTAGES OF LEASING A NEW CAR

• Typically, leasing a car has lower monthly payments than what’s owed for buying a car.
• A lower down payment can be expected with a lease.
• You might be able to drive a new car every few years.
• Repair costs can be lower because the factory warranty usually covers most of them.
• You may be able to purchase the vehicle when the lease ends.

ADVANTAGES OF BUYING A NEW CAR

• You own the vehicle and can keep it for as long as you want.
• You can sell or trade your vehicle at any time.
• There are no contracted mileage limits.
• Buying is cheaper in the long run if you plan to stick with one car for many years.
• You may customize the vehicle however you want.

So, the question remains, is it better to buy or to lease a new vehicle? There actually is no all-encompassing right or wrong answer. If you enjoy mixing it up and driving a new car more frequently, or if you want to drive a higher-quality vehicle for less money than you might expect to pay, a lease is probably the way to go. If you want pride of ownership and the freedom to customize your vehicle however you wish, buying would be your best option. The option that is better for you will really depend on your preferences and lifestyle, and no one knows your lifestyle better than you.

Consider all of the pros and cons when deciding whether to lease or buy. Think about what you really want to get out of your driving experience and what your budget can allow over the short term and long term. If you have any questions about leasing or buying a new INFINITI model, contact Douglas INFINITI and we will be happy to assist you.