New Car Leasing vs Buying

Why Should You Lease a New Car?

If you like to drive newer, safer, more reliable cars, but prefer not to pay a sizable down payment every few years, and also do not drive an excessive amount every year, then a new car lease should be the right choice for you. Leasing is ideal for those who would prefer to bypass the annoyance of buying and selling every time they want to get into a new car, truck, or SUV.

Why Should You Buy a New Car?

Conversely, if you want long term automotive relationships with a higher sense of ownership and commitment, then buying might be what's ideal for you. Car-buying is typically best for shoppers who won't mind driving the same vehicle for over five years or even until the vehicle is no longer fit for the street.

Lease vs Buy: Which Is Right for You?

Being aware of the pros, cons, and overall benefits of buying vs leasing a vehicle is imperative. Be sure to examine factors like potential savings, vehicle ownership, monthly payments, and repair costs when weighing the pros and cons of the best new car, truck or SUV financing type for you.