Leasing vs Buying

Choosing between leasing a vehicle and financing a vehicle can be a difficult decision. It all depends on your lifestyle and driving needs. If you are the type that likes to switch things up and drive a new vehicle every couple years, then leasing may be the way to go. On the other hand, if you are interested in building equity and vehicle ownership; then purchasing a car could be for you. Read through the benefits of both options before you make a decision.
Leasing
When you lease a vehicle, you will have to return the vehicle at the end of the lease term unless you decide to purchase it.
Low Monthly Payments
Lease agreements come with a lower down payment and monthly payment because you only pay for the vehicle's depreciation during your lease term.
Early Termination Charges
You will be charged a fee if you decide to terminate your contract before your lease term ends.
Mileage Limit
Leases typically come with a mileage limit. If you plan on driving more than 15,000 miles per year, consider buying instead of leasing.
Maintenance Costs
You will be held responsible for excessive wear and tear.

Limited Customization
You have to get approval for modifying the vehicle since you have to return it after the lease term ends.
End of Term
Lease terms typically last two to four years. At the end of the term, you have the option to return the vehicle or to buy it.
Buying
Buying is the ideal choice for people who want to build equity and keep the vehicle for as long as they want.
Higher Monthly Payments
When you purchase a car, you pay for the entire purchase price for the vehicle; which makes your monthly payment higher.

No Early Termination Charges
You have the freedom to do whatever you like with the vehicle. You can trade it in or sell it at any time.
No Mileage Limit
You get unlimited mileage. Just keep in mind, the higher the mileage on your vehicle, the lower its resale value will be.
No Additional Maintenance Charges
Although you don't have to worry about wear and tear, Keeping your vehicle in good shape will increase its resale value.
Unlimited Customization
You can add or remove accessories and modify the vehicle as much as you like.
End of Term
Once you pay off your loan, you own the vehicle.
Price(s) include(s) all costs to be paid by a consumer, except for licensing costs, registration fees and taxes. Prices do not include the dealership's documentary fee of $499. We make every effort to present vehicle information which is accurate. The vehicle pricing, equipment, specifications & photos shown above are believed to be accurate, but are provided with the understanding that for various reasons beyond our control, such information may not be 100% accurate & further are subject to change without notice. Vehicle information is based on standard equipment for the applicable manufacturer & therefore exact vehicle information, such as color, equipment & accessories should be confirmed with a sales representative. Any special financing shown is provided by one of our third party sources & is subject to purchaser's satisfaction of all requirements imposed by said sources. All specials are subject to mutually agreeable method of payment. Must print & present Vehicle Pricing page as coupon. See Dealer for details. Not every consumer will qualify for all rebates and/or discounts. Your Sales Associate will detail all incentives for which you may qualify.