Should I Lease or Finance My Car?
Lease or buy? That is one of the most common questions every driver in the market asks when in need of a new vehicle. Both options have pros and cons, so the right choice is based on individual needs and preferences. Read on to learn more about the difference between leasing and buying and which option is appropriate for your lifestyle. Then visit Pembroke Nissan in Pembroke, Ontario, to see our wide selection of inventory models.
Difference Between Leasing and Buying
The primary difference between leasing and buying is ownership. When you lease a car, you will have the vehicle for an agreed-upon amount of time, after which you will return it to the dealer. On the other hand, you will immediately assume ownership of a vehicle after you pay for it with cash or complete all the loan payments.
Best Options for Varying Lifestyles
While leasing a car is not for everyone, it is ideal for people who prefer a lower monthly payment. It is also perfect for people who only drive their vehicles for a short distance. Leasing is an excellent option if you want to avoid certain issues, such as re-selling your vehicle when it is time to get a new one. In contrast, buying is suitable if you can pay the whole amount in cash or qualify for auto financing. It is also a good idea if you are a frequent commuter who needs transport for work or other day-to-day activities.
Lease or Buy a Vehicle Today!
You can start driving your favourite car in Pembroke, Ontario, by leasing or buying it at Pembroke Nissan. Fill out our finance application form at our Finance Centre today to help you obtain your dream vehicle without breaking the bank. It’s that easy!