Buying vs. Leasing: Which is the Best Option for You?

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Are you stuck trying to decide whether buying or leasing your next vehicle is the most fitting option for you? Here at Carbone Dodge Chrysler Jeep Ram, we offer terrific loan and lease options on all of our new Chrysler, Dodge, Jeep and Ram vehicles, and while both options offer terrific benefits, they're dependent on what you're looking to get out of your next vehicle. We want to make your decision easier on you, which is why we're going to outline a few of the benefits that both buying and leasing a vehicle have to offer in the hopes that you can then choose the option that works best with your lifestyle and continue on your vehicle shopping process to find the best loan or lease option for you!

Contact

Carbone Dodge Chrysler Jeep Ram

5017 Commercial Dr
Directions Yorkville, NY 13495

  • Sales: 315-736-3371
  • Service: 315-235-1516
  • Parts: 315-922-1351
calculating costs buy vs lease
closing the deal

Benefits of Buying a New Vehicle

  • You're paying to own your vehicle, meaning you can drive it for as long as you please.
  • You can modify or upgrade your vehicle in any way you see fit, whether it's enhancing the performance, adding accessories or changing the appearance.
  • You can drive your vehicle as much as you want without worry of excess mileage penalties.
  • You can decide to sell your vehicle to a third-party whenever you feel like it. You can also trade your vehicle in at a dealership and put the money towards the purchase of your next vehicle.
  • You may have to pay slightly more in down payments and monthly payments but that's because you're paying towards owning the vehicle, meaning that in the long run you'll end  up saving money by buying a new vehicle.

Benefits of Leasing a New Vehicle

  • Leasing a new vehicle gives you the ability to switch into a new vehicle every few years and enjoy the latest updates and technological advancements.
  • Your monthly payments will be lower leasing than they would be buying.
  • Leasing also allows for a lower -or no- down payment, which is beneficial for those shopping on a budget.
  • On top of lower monthly payments and a lower down payment, leasing can also save you money on sales tax and repair costs since your vehicle will likely be under factory warranty for the entire time you lease it.
  • If you grow attached to your vehicle, you can decide to buy it at the end of your lease after having already paid off a large chunk.

Get Even More Information About What's Right for You:

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