Leasing vs Buying: What You Need to Know
Leasing
and buying both have distinct advantages, depending on what you're
looking for from your next used car. Be sure to read up on both options
to decide which is best for you.
Have
more questions (or just want an expert opinion on the matter)? Contact
our finance department to learn more and receive personalized help on
your journey to find your next used vehicle.
Leasing Benefits
Leasing
a used car has numerous benefits that make it a popular option with
drivers across the country. Read on to find out some of the reasons this
choice might be right for you.
Lower Payments
On
average, your monthly payments will be distinctly lower when leasing
vs. buying a used car. For more information on your specific payment
plan, you can use our online calculator to get an idea of what your
monthly payments will actually be.
Modern Technology
If
you love having all the latest technology in your vehicle, leasing
might be the way to go. When your lease ends, you can switch it out for a
newer model with all the bells and whistles you're looking for.
Covers Repairs
Most
of your repairs are covered when you lease! The warranty helps to keep
you protected whenever you're on the road and usually includes routine
maintenance check-ups, so you can ensure your vehicle is always running
in great condition.
Buying Benefits
While
leasing is a great option for many drivers, others might prefer to go
with buying their car. Read on to see if buying your next used car is
what best suits your lifestyle.Â
Unlimited Driving
When
you lease a car, you usually have a limit to the amount of driving you
can do. After a certain point, you'll end up paying for every additional
mile you go over the limit. When you own your own vehicle, this never
has to be a concern-which could make it a great choice for those who
drive long distances.
Customize Your Ride
When
you own your vehicle, you have the power to customize it in any way you
want. You can add customized features, change the wheels, and make your
drive wholly unique to you and your needs. With leasing, traditionally
you have to return your vehicle in the same condition you purchased it
in.
Simple Insurance
While
leasing often requires you to pay for additional insurance, there are
no such requirements when you choose to purchase your used car. This can
cut down on costs, which can make buying a vehicle the right choice for
some families.
Visit Our Financing Center Today
Now
that you know all about leasing vs buying a used car, it's time to come
talk with our financial experts and determine which option is best for
you. Head on over to Scott Lot Pre-Owned today to speak with our finance center. They'll provide you personalized care to ensure you end up with the payment plan that works best for you.
Whether
you're exploring Allentown, Bethlehem, or Emmaus, you're going to love
our friendly service and professional atmosphere, so be sure to stop by
today!
Related Post:Â Used Car Buying Checklist