Financing vs. Leasing
Financing vs. Leasing at Fredonia Chrysler Dodge Jeep Ram
At Fredonia Chrysler Dodge Jeep Ram, betting behind the wheel of a new car is easy. We have incredible options and finance or lease deals to help you save. But which one is right for you? If you are new to leasing, it can save you a lot of money on payments, depending on your situation and ownership goals. Financing is the most common way our customers acquire their vehicles and is a great way to save by spreading out the payments over time. Our finance team can help you review the options and determine which one is right for you.
Financing vs. Leasing: Which One Is Right for You?
Financing and leasing are both great ways to get into your next vehicle. The choice boils down to your personal preferences and driving needs. Here are the pros of each to help you get started on your application process:
Benefits of Financing
- Freedom of ownership: customize, sell, trade, and no mileage limits
- Longer terms: some drivers may find that the longer terms result in lower monthly payments
- Build equity: every monthly payment builds equity or value
- Drive payment-free: once the loan is paid off, owners can continue driving their vehicle payment-free or sell it
Benefits of Leasing
- Flexible terms: choose from contracts as short as 24 months with the ability to trade for a new vehicle early
- Lower monthly payments: leases typically offer lower monthly payments on average compared to financing, especially if there are lease specials available
- Fewer maintenance and repairs: leases are only available for new vehicles during the best years when there is a lower chance of problems or breakdowns
- Warranty coverage: leased vehicles are new and usually have an active new car warranty for most if not all the lease term
Contact the Finance Center to Review Finance and Leasing Offers
The best way to determine which option is right for you is to contact our Finance Center at Fredonia Chrysler Dodge Jeep Ram. Our team of experts can help you review the options for the vehicle you want and provide a side-by-side comparison of the costs. We look forward to helping you score the best deal possible, whether you finance or lease your next vehicle.
How can we help?
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Fredonia Chrysler Dodge Jeep Ram
10294 Rt 60
Fredonia, NY 14063-1420
- Sales: 7168003452
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