Spring road trips are just around the corner and there’s nothing worse than being afraid that your vehicle might break down along the way. So, what does that mean for you? It means that you need to upgrade your ride but should you buy or lease your next vehicle? If you are unsure, this week’s blog is for you! We have some guidance on whether you should lease or buy below. And if you need further help, we encourage you to stop in and ask about all of our available lease and finance options! 

Is it better to buy or lease a vehicle? 

• While there is no easy answer to this question, we can help point you in the right direction with a few pros to each option! We understand that getting behind the wheel of a new vehicle can be rather expensive, we want to help you drive home a new vehicle at the right price! 

Lease if you like…. 

• Lower monthly payments 
• A new vehicle every few years with the latest technology 
• Warranty coverage for the duration of the lease 
• Upgrading your vehicle with ease 
• Lower down payments when it’s time to upgrade 
• Potential money-saving options on sales tax

Buy if you like….

• Owning the vehicle when the payments are done
• No mileage restrictions 
• When the loan is paid off there are no more payments 
• You can sell and upgrade when you choose 
• Financing is typically easier 
• You can completely customize the vehicle