Buy vs. Lease
Guidance in Central Vermont
Which One Is Right for You?
You have a lot of options at McGee Chrysler Dodge Jeep Ram of Barre. Not only do we have an incredible selection of vehicles, but you also have plenty of choices for how to save on your vehicle costs. At our dealership, we offer leasing for new vehicles and financing for new and used vehicles, allowing you to balance your budget and driving preferences. Our finance team is dedicated to finding the perfect solution for your needs.
Finding Affordable Vehicle Solutions
Financing and leasing are both great options and determining which one is right for you depends on your goals and preferences. Each offers unique benefits that you can use to your advantage depending on your situation.
Why You Should Finance
Financing is the process of borrowing the money to fund the purchase of a vehicle. You own your vehicle as you pay back the loan and have the freedom to customize or sell the vehicle at any time. You can also continue to drive the vehicle payment-free once the loan is paid. Here are some other reasons financing may be right for you:
- You want the freedom that comes with ownership: no mileage limits, no commitment, no worries about wear and tear
- You drive more than 15,000 miles annually
- You like to keep your vehicles for longer than five years
- You want to build equity and sell or trade your vehicle whenever you want
- You want to customize your vehicle as you see fit
- Insurance is usually less for purchased vehicles compared to financing
Why You Should Lease
Leasing is not as popular but can be a money-saver because the monthly payments are typically much lower than financing. That is because you only pay the depreciation over the length of the lease rather than the full purchase price. Here are some other reasons a lease may be right for you:
- You want to drive a new car under warranty
- You usually trade for a new vehicle every few years
- You like not having a lot of maintenance or repairs
- You usually drive less than the average number of miles annually
- You want to avoid trade-ins or haggling over selling your vehicle
- You only need a vehicle temporarily
Questions?
Learn more about the benefits of leasing and financing by contacting our experts at McGee Chrysler Dodge Jeep Ram of Barre. Our finance team can provide a side-by-side comparison of leasing vs. financing so you can make an informed decision. Call us today to get started!
How can we help?
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McGee Chrysler Dodge Jeep Ram of Barre
1365 US Route 302
Barre, VT 05641-2351
- Sales: 802-636-5580
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