Should I Buy or Lease?

Finance vs Lease

 
Having trouble coming to a decision on whether to lease vs. buying your next vehicle in Duarte? It’s an understandably tough decision to make – thankfully, Nissan of Duarte is here to help! Join us as we cover the numerous benefits to be reaped from both leasing and buying, and close the question of “Should I buy or lease?” once and for all. Get started below!

Why Should I Buy?

  • Complete Ownership: For some folks, there’s no better feeling than being able to declare that you own your car. 
  • Free of Mileage Limits: Lease agreements always come with a mileage limit that can be difficult to stay within for some West Covina drivers. If you want to cruise around the area free of limitations, buying may be the best route for you.
  • Selling Ability: When you think it’s time to sell your vehicle, you’ll be free to do so – whether that’s six months or six years after you first bought it.
    • Customization: Because you’re the sole owner of your vehicle, you’ll be free to customize it to your heart’s desire. Whether you’re looking into custom paint jobs or you want a durable new set of tires, you can do so without hesitation.
  • Attractive Financing Options: Some El Monte drivers have found that financing is simply a more straightforward process than leasing. What’s more, you’ll have the option of refinancing in the future to secure a lower interest rate and lower monthly payments.
  • Less Cost Over Time: A common counterpoint to buying is that it’s more expensive in the initial period. While this may be true, your vehicle becomes less expensive to own the longer it’s in your possession, eventually making up for those higher costs at the get-go.

Why Should I Lease?

  • Lower Payments: No matter if you’re looking at monthly payments or down payments, there’s no denying that these costs are much lower when leasing a vehicle.
  • Less Sales Tax: Many states offer a joyfully lower sales tax when you’re leasing a vehicle, and in some areas, you might even only be asked to pay tax on your down payment and monthly payments.
    • Great Coverage: When you’re leasing a vehicle, keeping up with routine service and maintenance is a walk in the park. Because it’s under warranty (unless you exceed your mileage limits), everything will be covered when you bring it into a certified Nissan service center.
  • Easy Trade-In Process: At the end of your lease agreement, the next steps couldn’t be more simple. Head to your dealership to pay off any fees that remain, then choose the next vehicle you’d like to lease and drive home to Pasadena with a smile!
  • More Choices: You can get into a new vehicle with new technology more often when you’re leasing, and you’ll be free to explore different models each time your lease ends.
  • Forgiving Approval Rate: When you apply for an auto loan, there’s a chance you may be denied. When you apply for a lease, however, the approval rate is much higher, and is generally more welcoming to individuals with bad or no credit.

Explore New Nissan Vehicles at Nissan of Duarte!

Feeling better prepared to choose whether to lease vs. buying? The most important thing to keep in mind is that your final decision should be based on your personal needs and budget. If you have lingering questions, don’t hesitate to reach out to our friendly finance team! Ready to find a new Nissan vehicle you’ll love? Contact us to learn more about our inventory or schedule a test drive in your favorite model. Before visiting us, just be sure to browse our finance specials and lease offers, and apply for financing online if you’d like to get pre-approved.

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1434 Buena Vista St. • Duarte, CA 91010

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Nissan of Duarte

1434 Buena Vista St. Duarte, CA

Phone: 626-515-8155

https://www.google.com/maps/place/Nissan+of+Duarte/@34.1368558,-117.9797498,17z/data=!4m13!1m7!3m6!1s0x80c2d9012cb8e08b:0x5b0ae9809400ec0b!2s1424+Buena+Vista+St,+Duarte,+CA+91010!3b1!8m2!3d34.1368558!4d-117.9775611!3m4!1s0x80c2c90c00000001:0x9a2c3ee796843ebb!8m2!3d34.1363938!4d-117.9762313

Parts

Phone: 626-699-0011

1434 Buena Vista St. Duarte, CA

Sales

Phone: 626-515-8155

1434 Buena Vista St. Duarte, CA

Service

Phone: 626-699-0011

1434 Buena Vista St. Duarte, CA
34.1368558 -117.9775611
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Nissan of Duarte
Nissan of Duarte
1434 Buena Vista St.
Duarte, CA, 91010 US
626-515-8155
https://di-uploads-development.dealerinspire.com/nissanofduarte0818/uploads/2018/08/NissanofDuarteOGImage.png
Nissan of Duarte 34.1368558, -117.9775611.