Kimber Creek Ford Official Blog
Should You Buy or Lease Your Next Vehicle?
By Product Expert | Posted in Tips & Tricks on Monday, August 12th, 2019 at 1:09 pm
When it comes time to get a new car, you are always faced with the question of buying or leasing. This decision is completely up to the shopper as everyone has their own opinion. If you are not sure which path would be the right one for you to take, you have come to the right place! In this blog, we will walk you through the benefits of each side. Keep reading below to learn more!
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Buying vs Leasing
For most people who are considering leasing a vehicle instead of buying it, they are at certain stages in their life that it would make more sense to lease. If you decide to lease your vehicles, then you will have a lower monthly payment, but will essentially never get away from making car payments. One of the upsides about leasing is that you can always get the newest vehicles for an affordable price.
However, when leasing a vehicle, most dealerships will have you sign the lease papers that state that drivers must keep to a low mileage limit for the amount of time of the lease. For example, most leases are for 36 months and must keep to 36,000 miles. For some drivers, this might not be an issue, but for others, it might not work for their lifestyle.
When buying a new vehicle, you will be stuck with the higher monthly payments, will also have the ability to pay the vehicle off and stop the monthly payments. Buying the vehicle also gives drivers the freedom to drive as much as they want without having to worry about going over their mileage limit.
Whether you are planning to buy or lease your next vehicle, be sure to check out the new inventory at Kimber Creek Ford! Stop by and check us out today or contact us with any questions!
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