Buying Vs Leasing
“Should I buy or lease my next car?” This is a common question among car shoppers and Acura Carland is here to walk you through the process!
There are a variety of benefits to both purchasing and leasing, depending on what you are in the market for. Both buying and leasing options offer customers fantastic opportunities based on your family’s needs. Leasing serves to simplify the process of getting more car for less money, whereas purchasing frees you from the restrictions involved in leasing, such as mileage caps.
In the past, vehicle leasing was an option exclusive to businesses and customers seeking luxury cars. In more recent years, however, it is common in all classes on the market from subcompact cars to luxury SUVs. Car leasing is a financing option that allows you to pay for the depreciation incurred over the term of the lease on a new vehicle, plus fees and interest rather than paying for the entire car. The most common lease periods are typically two or three years long.
Benefits of Leasing:
- Lower monthly payments
- Low or no down payment
- Latest technology
- Warranty coverage and maintenance
- Ease of trade-in
- Save on sales tax
- Unaffected by depreciation
Benefits of Buying:
- Freedom to modify vehicles
- No mileage restrictions
- Ability to sell your vehicle anytime
- Can use your vehicle as a trade-in on your next vehicle purchase
- No wear and tear fees
- Can be paid off over time, leading to no monthly payments
Are you still undecided on which option is best for you? Come by Acura Carland today at 3403 Satellite Boulevard Duluth, GA 30096 or give us a call at (678) 820-4338 and let our sales team help you determine whether buying or leasing is right for you. You can also value your trade or apply for financing online. Our new Acura inventory is available for you to browse online anytime. Our sales staff is proud to serve our Atlanta, Marietta, and Johns Creek, Georgia area neighbors.