Choosing whether to either buy or lease a vehicle isn't always easy, so here at Joe Holland Chevrolet Inc, we want to do our best to help you out!
Here is a simple breakdown of what you should think about before making your decision:
When it comes to immediate finances, leasing a car is much cheaper than purchasing a car. However, over time, you will have spent less money on a purchased vehicle, which will then belong to you.
If saving money is your main concern and you have the finances up front, then purchasing is your best bet. However, leasing is the more affordable option when considering just the next few years.
It's also important to think about your plans with the vehicle. Do you know what you will use it for in the coming two years? What about in the coming ten years? If you've only got short-term plans, then leasing is a better option.
However, if you know exactly why you'll need a vehicle for many years to come, then a purchased vehicle will suit you perfectly.
Lastly, it's a good idea to think about your personal preferences. Are you the kind of person who likes new gadgets, wants to explore the latest tech, and gets bored easily? You may want to lease.
Or are you the type who likes routine? And would you want to customize your vehicle? In those instances, purchasing is a better choice.
If you could use more help making your decision or would like to talk to someone in our friendly finance department, don't hesitate to get in touch with or simply visit us at Joe Holland Chevrolet Inc.
Contact us today if you have any questions.