How Are Buying and Leasing a Vehicle
Different?
There are a lot of small differences between
buying or leasing a vehicle near Lindale, but the main difference comes down to
buying a model makes it yours while leasing is similar to renting a vehicle.
Each of these options has its own benefits and drawbacks.
Does Buying or Leasing Cost More?
Buying a new Jeep SUV or Ram truck near Athens
will cost you more upfront than leasing the same model, so if you want
short-term savings, a lease is the way to go. But in the long run, buying your
vehicle will come with minimal costs after you pay off the loan while you will
continue to have to make lease payments if you choose this option.
Is Buying or Leasing the More Flexible Auto Finance
Option?
Buying and leasing are flexible in their own
ways. Leasing a car means you can upgrade to a different model at the end of
your lease, but you can't make modifications to that model. Buying a car ties
you in with that model, but you can always choose to sell it whenever you want
and make modifications to it.
What Are My End of Lease Options?
Leasing is also flexible because of the lease
return process. When your lease is coming to an end, you can choose to buy the
model you've been driving, buy a different model, or find another Ram or Jeep
lease near Terrell.
What If I Drive Over My Lease Mileage
Limit?
Your lease agreement does have a mileage limit
for how many miles you can drive each year, and going over this will lead to
extra fees when you turn it in.
AdChoices