Leasing or buying a car-it's a decision many face when they're in the market for a new vehicle. Each option has its advantages and considerations. You want to make the choice that's best for your lifestyle and your family.
That's where we come in! Our team at Lithia Chrysler Dodge Jeep Ram (CDJR) of Great Falls has created this lease vs. buy guide to help our friends around Great Falls, Whitefish, and Butte, Montana, make an educated decision. Let's begin!
Lease vs. Buy: Benefits of Leasing a Car
First up, why would you want to lease your next car? Leasing a car offers several benefits that make it an attractive option for specific individuals.
First, leasing a car typically results in lower monthly payments than financing a new vehicle. Lease payments are based on the depreciation of the car over a specific lease term rather than the car's total purchase price. You could use these savings to find a higher-end vehicle within your budget.
Next, lease terms usually range from two to four years. So, if you like having the freedom to change it up and drive a new car every few years, this might be a great option. At the end of your lease, you can simply return the vehicle and find a new one, with updated features and technology.
You'll have other options available to you too. You can purchase your leased vehicle to keep enjoying it or return it, with no obligation to buy or lease another. If you think life changes might be on the horizon, you might appreciate this flexibility.
Lease vs. Buy: Benefits of Buying a Car
Leasing is an excellent choice for many people; however, what about buying? There are benefits to this option too. You might want to pursue this option, if stability is important to you.
When you buy a car, you become the owner, which means you have complete control over its use and modifications. The vehicle will be yours to use as you please! You can drive as much as you want without mileage restrictions. This is particularly beneficial for commuters or frequent travelers.
Do you love bumper stickers or shopping for auto accessories? When you own a car, you can customize and modify it to suit your preferences. Whether it's adding aftermarket accessories, upgrading performance parts, or personalizing the interior, you can make changes to reflect your style and needs. This customization is typically not possible with leased vehicles.
Lease vs. Buy: Visit Our Finance Center To 
Decide
DecideWhether you buy or lease, our finance experts can help you take the next step. One of our team members will happily sit down with you to discuss the options available and help you make an informed decision. Whatever option you choose, you can check out our lease and new vehicle specials to consider our offers.
Are you ready to begin? You can quickly complete your application online today!
Whether You Lease or Buy, We Can Help You!
We hope this lease vs. buy guide has helped you as you embark on the next steps of your car-shopping journey. We at Lithia CDJR of Great Falls want to be a helpful resource for our friends around Great Falls, Whitefish, and Butte, MT.
So, are you ready to lease or buy your next vehicle? Visit us today!