Finding the right new vehicle for you can be easy, but what about finding the right way to pay for it? Financing and leasing are both great options for taking home a new vehicle that you’ll love, but what’s the difference, and is one better than the other? Let’s take a look at both options and figure out which one is the right fit for you.
New Vehicle Leasing near Oskaloosa, IA
When you always want to be driving the latest and best vehicle around, leasing can be a great option. When you lease, you’ll pay a small amount for your vehicle up front, and then make regular monthly payments for an agreed upon period of time. Most leases are for 36 months, and also include mileage restrictions, typically 12,000 miles per year. Once that period is up, you’ll have the option of extending the lease, buying the vehicle, or returning the vehicle to us, at which point you can start another lease if you’d like. Leasing is a fantastic way to alway be driving a newer vehicle, you just need to be sure to properly maintain and care for your leased car so that you don’t accrue extra fees upon returning it. If you have any questions or want to start the leasing process, contact us today.
New Vehicle Financing near Oskaloosa, IA
If you’d like to own the car you drive, financing may be the right choice for you. When you finance with us, we’ll find you an auto loan for the full value of the vehicle. You’ll make a down payment right when you buy, and then make monthly payments to the bank you borrow from until you’ve paid off the entire value of the vehicle. Financing does obligate you to eventually pay the entire value of the vehicle, but means that you own your car, don’t have to worry about returning it, and can sell it when you’re ready for something new. If you have questions about financing you can contact us any time, and if you’d like to get pre-approved before you come in, be sure to fill out our online financing application.
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Should You Lease or Finance near Oskaloosa, IA
While there are benefits to both leasing and financing, for many people, the choice comes down to personal preference. If you’re interested in newer cars, and feel confident you’ll be able to return the car in great condition, leasing may be right for you. But, if you’d prefer to own the vehicle you drive and like the stability of driving one car for a long time, financing could be the better choice.
Lease or Finance With Kraig Ford Chrysler Dodge Jeep Ram Chevrolet
Whether you’re interested in leasing or financing, we make it easy to find a car you’ll love at Kraig Ford Chrysler Dodge Jeep Ram Chevrolet. Our team is dedicated to giving you the best experience possible while you shop, and to making sure that we find a leasing or financing solution that works for your life. If you have any questions or would like to start the leasing or financing process, be sure to get in touch with us today.
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