What to Consider when Deciding to Buy or Lease your Next Vehicle

Are you unsure about whether or not to buy or lease your next car or truck? It can get a bit confusing as far as which option is the way to go. Let’s take a look at both:

1) Buying. The pros to this should be pretty straightforward. You walk in the dealership, you may have to make a down payment, and you drive off with a vehicle that will be yours once the loan is paid off. A con is that you may have higher monthly payments. Your budget is something to consider when it comes to this financing option.

2) Leasing. Let’s take a look at the leasing option. When you lease, you are entering into a loan arrangement with the lender. The advantage here is that you are only driving this vehicle for a few years and then you can get a new one. Additionally, you probably won’t have those high monthly payments.

No matter which direction you choose, definitely make sure you sit down with the team members at our dealership at Brunswick Auto Mart in Brunswick, OH, and let them guide you through the process. Remember, they're experienced and are happy to help you.

Categories: Social