Benefits of Buying vs. Leasing a New Vehicle in Attica, NY

Upstate Chrysler Dodge Jeep Ram is very proud to serve drivers in Batavia, Clarence, Lancaster, East Aurora, Le Roy, and Perry, NY with an impressive selection of new cars, trucks, and SUVs. Whether you're searching for a family-friendly minivan like the Chrysler Pacifica or a rugged SUV like the Jeep Wrangler, our selection of new models is the best in the area. Our priority is to offer you an impressive selection of vehicles at the best prices around, and this is what keeps so many drivers coming back to us time after time.

When you find yourself in a position to procure a new car, truck, or SUV, the task of finding the right vehicle at the right price can seem overwhelming. Plus, once you've narrowed it down, you have to decide whether to lease or buy. How do you make the decision? Well, drivers are often attracted to a lease because you can have a brand new car at what may seem like a low payment. But in the end, you'll spend more over time. Purchasing a new car, truck, or van may seem like a good idea, but as soon as you drive off the lot, new cars begin to depreciate.There are clear advantages to both and which one is right for you will just depend on your budget and lifestyle. Our experienced sales and finance teams understand benefits of buying and leasing, and they love working with drivers to help them make this important decision.

Buying. 

If you plan to buy, consider it a long-term investment, as you will hopefully keep the vehicle for many years to come. There many be a few conditions needed to be met to keep the warranty, but overall it is your car to do with as you want. Want to put in a booming sound system? Go right ahead. After the vehicle is paid off, you will own it and there is no giving it back to the dealership. You can drive you car as much as you want, add bumper stickers, and/or customize it to you hearts desire. Are you ready to check out all the new vehicles available to you?

Leasing. 

This is a good option for those who do not have the funds to purchase a particular car above their budget. There is a financial freedom in having a car that you may not have been able to afford to buy otherwise. Leasing also gives people the ability to change out cars every few years. This is great for those who do not want to commit to a long-term investment. Leasing a car does come with some requirements, such as limitations on mileage. The flip side is that leasing comes with more protection. Since it has to be returned to the dealer at the end of your lease, the dealership usually offers service and protection for the vehicle. 

The decision of whether to buy or lease can leave people a little bit confused, and we understand that. Our experienced staff at Upstate Chrysler Dodge Jeep RAM is here to help you figure out which option is better for you. We'll walk you through your options and answer those tricky "what should I do" questions. Stop by today and get yourself into a new car.

Benefits of Purchasing a Vehicle

The most important benefit of purchasing a new vehicle is that with every payment or maintenance cost, you're putting money towards ownership; when you are finished making the payments, you'll own your car or SUV outright for as long as it's on the road.You'll have more flexibility to travel since you won't have any mileage restrictions when you purchase a vehicle.You won't feel any pressure to make repairs or pay fees for mileage and wear and tear, and you'll find that much of it will be covered by your warranty on new vehicles, anyway.

Benefits of Leasing a Vehicle

Since you're paying a portion of the vehicle's value over time versus paying the entire value of the vehicle, you may find that a lease payment is lower than a purchase.You'll need to keep your eye on the odometer and make sure to perform regularly scheduled maintenance and repairs since, with a lease, there are guidelines for mileage and wear and tear.You'll enjoy a more predictable cost of ownership since you'll own the vehicle for a short period, and the warranty often covers the vehicle through part (or all) of the lease period.When your lease is completed, you have several options;  you can buy your leased vehicle for the residual value, lease or purchase a new vehicle, or you can move on from the lease completely.

Our expert team here at Upstate Chrysler Dodge Jeep Cherokee would enjoy helping you decide whether to buy or lease. Give us a call or stop by our Attica, NY-area dealership to explore our inventory and to meet with a finance specialist; they'll take the time to get to know you and your lifestyle and budget so you can make a choice you feel comfortable with. We look forward to working with you to select your new car, truck, van, or SUV!