Here at DCH Brunswick Toyota, our finance team often gets questions related to leasing and buying. We understand the importance of finding a financing plan that suits your budget and your lifestyle needs. So, what are the differences between these two financing options? And what benefits do they have to offer other drivers on the road?
Buying is the most straightforward option, and also the one that many drivers often choose. Buying a car does require you to have your credit checked. It also usually ends up being more expensive per month than leasing. However, you also get to own the vehicle you buy. That means you won’t have to adhere to any mileage parameters.
Leasing has become a popular alternative to buying. Not only is it generally less expensive per month, but it also does not require you to have your credit checked, or for you to take out an automotive loan. However, leasing also comes with its downsides. If you are used to driving extensive distances, you may find leasing limiting. That’s because leasing comes with mileage parameters. Additionally, you have to keep your vehicle in good condition.
Regardless of which option you choose to invest in, our team would be proud to assist you! Visit us at DCH Brunswick Toyota, located in North Brunswick, NJ. Our team would be proud to help answer any questions you may have about the purchasing process.
We look forward to assisting you!
