Glendale Nissan Official Blog
Is it better to lease your new Nissan?
By Product Expert | Posted in FAQs, Tips & Tricks on Wednesday, November 8th, 2017 at 7:11 pm
Leasing vs financing a new Nissan
We know it’s stating the obvious when we say that monthly payments are always a top concern for most shoppers. For some people, buying a reliable vehicle can often feel like a luxury, when a monthly bill can cost hundreds of dollars. On the other hand, you often see special lease pricing that can be surprisingly affordable. If this has you thinking about the benefits of leasing vs financing your next new Nissan model, you’re not the only one. Here’s what you have to know.
Top 3 Reasons to Lease a New Car
- It’s the monthly payments that first catch the attention of most, and we won’t deny it’s one of the major benefits. When you lease a car, you aren’t paying the full purchase price, but just the estimated depreciation for the years you have it.
- If you trade your vehicle in every three years, you always have the latest in auto technology.
- Bumper-to-Bumper Warranty. Your lease will be fully covered by your new car warranty for the entire time you own it.
Read More: 7 common mistakes new car shoppers make
Top 3 Reasons to Buy a New Car
- No continued payments. Once you own the car, it’s yours. With a lease, you will make a payment indefinitely until you purchase.
- No mile limitations. You can drive as much as you want without penalties or fees.
- You don’t need a good credit score. Leases are often only offered to those with excellent credit.
Still not sure whether to buy or lease? Stop by Glendale Nissan to talk to our financial experts. Also be sure to check back here at our dealership blog for more FAQs.
