A question many our Jefferson, WI area customers ask us at Griffin Chrysler Dodge Jeep® RAM is whether it is better to lease or to buy a vehicle. The answer? It depends! There are advantages to both leasing and buying. When you’re ready to drive off in your dream vehicle, our expert team will walk through the pros and cons of leasing based on your personal situation to help you come to an informed decision.
If you are the type of person who enjoys having a new car every few years, leasing may be the better option for you. Lease terms are generally around three years, so you have the option to change vehicles frequently. Leasing also offers the opportunity to enjoy a vehicle with more premium features than you may be able to have if you decided to buy. The monthly payments are generally lower and there is also a low down payment. Though, leases do have more restrictions than purchasing agreements. You may have a mileage clause and other stipulations that you wouldn’t have if you bought the vehicle.
The leasing process is similar to the purchasing process, but there are a few differences. You will still have a financial agreement that lays out the parameters of the agreement, but the lease agreement will include items such as mileage limits and lease terms in addition to monthly payments, the down payment, etc. When your lease is over, it is easy to return it to our RAM dealership in Jefferson, WI and find your next vehicle, such as a new Jeep SUV or a Chrysler 300! We offer excellent leasing incentives and perks for our returning customers.
If you’re ready to start a lease on a new vehicle, stop by our car dealership in Jefferson, WI! We look forward to helping you get behind the wheel of your perfect vehicle.
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