To Buy or to Lease? That is the Question

You may be wondering if you really want to buy your next vehicle or if perhaps leasing might be the best way to go. There is really no right or wrong answer, but you can learn more about buying and leasing to decide which option is right for you and your circumstances.

When you lease a vehicle, you sign an agreement to keep the car for a specific amount of time and to pay the amount it depreciates in value during that time. You will usually get the lowest possible monthly payment. Leasing can be a great option if you do not have a big cash down payment, if you do not drive more than a certain amount of mileage per year, or if you like the idea of trading up to a new vehicle after your current warranty expires.

If you drive more than the average number of miles each year, if you want to make modifications to your vehicle, or if you want to be free to sell the vehicle at any time, then buying is probably the best choice for you.

For more information about leasing or buying a car, stop by our dealership today at Don Jackson Mitsubishi!

Categories: Social


Nothing posted yet.