The Benefits of Leasing vs Buying: Why Leasing Might Be Right for You

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Getting a new vehicle can be super exciting. Having a new car, truck, or SUV for work or simply to commute across the city is a great way to get things done and have loads of adventures. If you’re on the hunt for your next vehicle, you may be grappling with the idea of either leasing or buying. Our CDJR dealership near Stuart, FL can help you make an informed choice as you decide how you’d like to obtain your vehicle.

Buying a Vehicle

Buying a car is a good option for those who want more control over their vehicle purchase, and who plan on keeping their car, truck, or SUV for a longer period of time. When you purchase your vehicle, you don’t have to concern yourself with mileage restrictions, and don’t have to be as conscious about scratches and bumps which you can be charged for later when leasing. You also have the option to buy or trade your vehicle a little easier once the vehicle is paid off.

However, there are drawbacks to buying a vehicle including a higher down payment if financing is needed, higher monthly payments, and more maintenance costs to consider long-term.

Leasing a Vehicle

Leasing a vehicle gives you the right to use it for a fixed amount of time. Leasing terms usually last from two to four years, and are financed in-house at the dealership. Fees associated with leasing a car include title registration, taxes, documentation fees, and other fees noted by your dealership. Leasing a car can be very beneficial as it’s often accompanied by lower down payments, protection from the manufacturer warranty, and less money may need to be put down to secure the vehicle.

Drawbacks include mileage restrictions, which may require you to pay an extra fee if crossed, set leasing terms, and not owning the vehicle once the lease is up. However, this option may be highly beneficial for car buyers who wish to experience the thrill of a certain vehicle only for a time before moving on to something new.

Shop New Cars, Trucks, and SUVS Near Stuart, FL

Ready to explore your car buying or leasing options? Our team at Arrigo CDJR Ft Pierce near Stuart, FL can help. Contact us for more information today!

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