Deciding whether you should lease
or buy depends mainly on your lifestyle. And how you
answer a few simple questions: Would I rather spend a
little less each month for a car with the option to buy it
at the end, or pay a little more each month and own it?
How much do I drive in a given year? Would I be limited by
potential mileage restrictions? Should I build some equity
and put the car in my name, or forego the ownership? What
do I enjoy more: driving a new car every 2 or 3 years or
being payment-free at the end of a loan? When it’s time
for my next car, do I want to hand this one back at the
end of the lease term or would I prefer to own it and
eventually trade it towards a new one? It all comes down
to what you want. And what you need. Once you’ve got
some answers, let us know. You’re already well on your
way.
Finance Buying
Here's the scoop. When you
finance a car, you have monthly payments for the length of
your loan (unless you choose to pay it off sooner). After
that, the car’s all yours. You own it. You can drive it
all you want. Financing gives you flexible terms, no
mileage limits, and no extra charges for excess wear. Not
to mention a chance to build some equity. So if you like
to hold on to a car more than 2 or 3 years; if you feel
more comfortable about actually owning a car; and if
you’re someone who feels that the fewer restrictions you
have in your life, the better, then this may be the way to
go. Just keep in mind, if you ultimately decide to resell
or trade-in the car, the better shape it’s in, the
better it may hold its value.
Leasing
is like renting. You only pay for
what you use. Or how long you use it. Which typically
means you pay less each month than you would if you were
"buying" the entire value of something. It all
depends on how and when you want to spend. Leasing may
leave you more cash in your pocket to use or invest. And
it gives you the flexibility to decide whether you’d
like to keep the car or give it back. Many people choose
to lease so they can get more car for their money. If
that’s what you decide to do, we have several lease
terms that you can choose from. Pick a shorter term and
drive a newer car more often. Opt for a longer term, and
lower your payments. After all, it’s the lease we
can do for you.
Please,
use our Credit
Application to get Pre-Approved.
