Once you know you want to drive a Nissan vehicle, you have to decide whether or not you want to buy or lease. Both have their benefits and differences, but depending on your situation in Santa Ana, one or the other will be right for you. “Should I buy or lease?” is one of the most common questions drivers ask the finance team at Garden Grove Nissan, so we’ve decided to lay out the basics for you. Keep reading to learn more.
There are different long-term vs short-term costs when comparing leasing vs. buying. Consider these costs to help you answer “Should I buy or lease?” for yourself:
The Bottom Line: Many drivers only keep their vehicles for an average of three years. Then, they spring for the next model and the latest features. Constantly buying and selling isn’t that different from leasing, so if this sounds like you, leasing may be preferable. If you’re set on full ownership, our finance team can help you explore your options.
The Bottom Line: If you only have a short commute or don’t drive much in general, it will be easy to stay within the mileage limits of a lease. However, if you like weekend holidays or road trips, financing will be a better fit.
The Bottom Line: Leasing often isn’t the right option for Orange County drivers interested in off-roading or performance driving that requires customization.
The Bottom Line: Leasing is simple and convenient, which is a major draw. Leasing on the other hand can involve a lot of financial paperwork, and selling and buying can be quite a hassle. However, if you’re comfortable maintaining and reselling a vehicle, the money you get for trading in a purchased vehicle can help offset the costs of a new vehicle.
Explore the current leasing and financing specials at our GARDEN GROVE dealership, and if you have any questions feel free to contact us! Looking for more car buying tips such as how to get financing with a bad credit score? We’ve got you covered. Stop by today for more information like how to take over a car lease.
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