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Should I Buy or Lease?: a Baytown Nissan Guide

So you’ve sifted through our new model inventory to find the perfect car, truck, or SUV for your daily drives through Baytown. Even after you’ve picked the perfect vehicle there’s one question that’s still left your mind: “should I buy or lease?” While there’s no right or wrong answer to this question, our team will help you find the option that fits your needs better. Compare lease vs. buying plans with our car buying tips from Baytown Nissan today!

Benefits of Buying

  • Unlimited Mileage: If you take longer drives through Beaumont and Deer Park every single day, then mileage limits that come with most lease terms may be a barrier for you.
  • No Restrictions: When you finance, the vehicle is yours outright. Because of this, there are no restrictions on anything from modification to decoration. You can even make mechanical changes to improve performance.
  • Sell When You Choose: With no lease contract locked in, you’ll have the option to sell whenever you want – even if you still owe money on your vehicle.
  • Straightforward Financing: Financing is usually a little easier to plan than leasing, and you’re always able to refinance your loan if you would like to lower your interest rate and monthly payments as you improve your credit score.
  • Long-Term Investment: Once your vehicle is paid off, you can keep driving without making any monthly payments. It might even still be under warranty.

Benefits of Leasing

  • Lower Payments: Because leasing only covers the depreciation of your vehicle, your monthly payments, down payments, insurance payments, and even sales tax payments will likely be lower.
  • Convenience Trade-In: When the lease agreement ends, you can simply parlay your old lease into a new one. Also be sure to value your trade-in.
  • Complete Coverage: The bumper-to-bumper warranty almost always covers the entire lease term.
  • Modern Technology: Whether you want the most efficient engine or cutting-edge tech, leasing allows you to get it by switching to a new model every few years.
  • Easier Approval Rate: Even those with poor or no credit can be approved for a lease.

Let Our Finance Team Secure the Best Loan or Lease Package to Meet Your Needs

Are you ready to learn more about the difference between buying or leasing? If you’re still wondering “should I buy or lease?” then our team at Baytown Nissan is ready to help you take the next step of your car ownership journey today! Learn about trading in a financed car with our finance experts when you contact us online.

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