Lease or Buy?
Are you looking to get a new vehicle but aren't sure if you should purchase or lease it? At Balmoral Park Acura, our team of financing experts is here to help you and guide you through the wide range of financing and leasing options that are presented to you when looking for a new vehicle.
Purchasing a vehicle is the most important investment you will make during your lifetime, after a house. It is, therefore, crucial that you make sure to get the right plan for your next vehicle and that it is tailored to your needs. When you buy a new Acura vehicle, you have the option of either financing or leasing. If you’re not sure which one is the right option, let our experts help. We will provide a complete overview of each purchasing solution and present the variables you need to consider to make the best decision. In the meantime, check out the following overview of the advantages of each solution.
Advantages of Financing
- No restrictions on mileage
- The car belongs to you and its maintenance is therefore an investment
- It is possible to modify the car as you please
- More affordable in the long run
- The best option if you want to keep your vehicle for a long time
Advantages of Leasing
- More affordable monthly payments
- Possibility of easy vehicle change every two or three years
- No depreciation
- More advantageous if you use your vehicle for work
