Buy vs. Lease

Buy vs. Lease Woodstock, GA | Chrysler Dodge Jeep Ram of Woodstock

Have you set your sights on a new model? As you look to take it home around Marietta, Canton, and Kennesaw, GA, you do have a few financing options. Of course, you could go with the traditional route, and buy your new car. Another appealing alternative does exist, though, leasing.

Which of these options is the best for you? Read on to find out, as our Woodstock Chrysler Dodge Jeep RAM (CDJR) team dives into the differences of buying vs. leasing.

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Benefits of Buying

Buy vs. Lease Woodstock, GA | Chrysler Dodge Jeep Ram of Woodstock

The more traditional automotive financing route, of course, is buying. When you elect to go this route, you make a down payment on your vehicle and subsequent monthly payments, until you pay off the vehicle and ultimately own it.

Perhaps the biggest draw of buying over leasing, is the simple fact that you own the vehicle. You are free to do with it what you wish. Maybe, you want to add some accessories that will enhance performance. Maybe, you want to sell the vehicle once you have paid it off. In either case, you have the liberty to do so.


A Look at Leasing

Buy vs. Lease Woodstock, GA | Chrysler Dodge Jeep Ram of Woodstock

Looking at leasing, it is seen as a shorter-term investment. Each lease deal usually lasts just a few years, during which you make monthly payments to drive the vehicle. At the end of the lease, though, you give the vehicle back to the dealership.

Leasing does offer some great benefits associated with its short-term nature. For example, it grants you the flexibility needed to explore new models often. As soon as your lease is up, you will be able to browse for new models again. This will help ensure the model you are driving has the latest and greatest automotive technology, too.

Leasing is also a bit more financially flexible in the short term. Typically, you will pay nothing upfront, less on a monthly basis, and less for repairs/service.


Should I Buy or Lease?

Buy vs. Lease Woodstock, GA | Chrysler Dodge Jeep Ram of Woodstock

Really, in summation, you can liken leasing to renting an apartment, and buying to financing a house. So, should you buy or lease? Well, the answer to that question really depends on your wants and needs. If you are unsure of what your desires will be a few years from now, leasing could be a better option. Conversely, if you are certain of the model type you need, buying could be a great choice.

The good news is, both options follow a very similar process. A process, our finance team will be happy to lead you through. Just sit down with one of our financiers, or contact us online/over the phone to learn more about both of these options.


Learn More About Leasing and Buying Here at Woodstock CDJR

Whether you are set on one of these financing options, or you are still trying to decide whether to buy vs. lease your next Marietta, Canton, and Kennesaw, Georgia, vehicle, we’ll be happy to help here at our dealership.

Contact us today with any questions you may have!

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