Buying vs. Leasing: Which is Best for Your Ridgeway drive?

May 21st, 2018 by

2018 Nissan Sentra blue

Deciding whether to buy or lease can be a challenging decision. While buying your next car gives you the freedom to do customize and make changes, leasing allows you to get the latest and greatest model at an affordable price. As most drivers around Martinsville and Danville will come to find, there are several factors. So when you’re looking at new vehicles for sale, it’s worth exploring your options before deciding whether you should be financing or leasing.

Benefits of Leasing

When you lease, you are essentially borrowing your Nissan model for a predetermined period of time. This option is great for those who want the newest model without making many adjustments. When your lease term ends you return the vehicle and can upgrade to an even newer model. Some of the advantages of leasing include:

  • The Latest Features – Most leases last between 24 and 36 months, meaning that, when your lease ends, you can return the vehicle and swap it out for something newer.
  • Cost – When you lease, you will often find that the down payment is much lower than if you buy.

Benefits of Buying

Roanoke drivers may find that the advantages of financing work better for them for a variety of reasons:

  • Customize – Since you’ll own the car, you can make whatever modifications you please. When you buy, you can swap out the stereo system, add a new coat of paint, or make any adjustments you want.
  • You Own It – You’re building equity with each payment you make. Whether your loan lasts 36, 48, or 60 months, you’ll own the car at the end of it.
  • Sell It When You Want – Once you’re ready to move on to your next vehicle, you can sell it easily to a dealership

Explore Your Options at Gunter Nissan of Martinsville

Whether it’s better to buy vs. lease will depend on your circumstances, but we’re here to help. Drop by Gunter Nissan of Martinsville to take a test drive and discuss your options with our finance team. Contact us to learn more about leasing or financing a model like the Nissan Rogue, and learn what reviewers are saying about the Nissan Versa at Gunter Nissan of Martinsville.

You can also find helpful information like our guide to understanding your check engine light, or or recommendations for best restaurants in Martinsville!

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Posted in Buying a Car