Should I Buy or Lease?

should i buy or lease?

There are benefits to both buying and leasing, however, which one you choose depends on your financial situation as well as your preferences. Take a look at the benefits of buying vs. leasing, keeping in mind what you can afford as well as what you want, to see which is the best option for you, then talk to someone at the Tulley Mazda finance center today.

Benefits of Buying

  • No Mileage Restrictions: No matter whether you drive yourself primarily around Hudson or you roadtrip past Lowell every weekend, you should consider buying. Without the mileage restrictions when leasing a vehicle, you can drive as much as you’d like.
  • Total Ownership: Buying the vehicle means you can customize it to your liking. When you buy a vehicle, you won’t have any restrictions on how it’s modified.
  • Customization: Want to make your new vehicle stand out among the crowd? Buying rather than leasing allows you to make cosmetic and mechanical changes as you see fit. Create the car of your dreams without restriction.
  • Ability to Sell: Since you wouldn’t be locked into a lease agreement, you can opt to sell your vehicle whenever you choose.
  • Financing Options: Leasing isn’t a difficult process, but car financing is more straightforward and more option to those without perfect or great credit scores. If you buy, you have the option to refinance your loan to lower the interest rate and monthly payments.
  • Less Cost Over Time: Upfront, buying a new car is more expensive, but over time, it’s less troublesome. And the longer you own the vehicle, the less expensive it becomes.

Benefits of Leasing

  • Lower Payments: Whether it’s monthly payments or down payments, when you lease a vehicle those costs will be much lower than buying.
  • Less Sales Tax: In most states, leasing a vehicle drastically lowers sales tax. In some areas, you only have to pay tax on the amount you put forth in the down payment and for the monthly payments.
  • Trade-Ins: Once the lease ends, you can lease a new vehicle easily. Simply go to your local dealership, take care of the remaining fees, and get behind the wheel of your next vehicle.
  • Great Coverage: Leasing a vehicle mean warranty coverage. Regular maintenance, as well as any issues that come up under the warranty, is covered as long as you don’t go over the mileage limit.
  • Options: When you lease, you can drive the latest model each time your lease agreement ends. You’ll have plenty of options when it comes to which model to drive next.
  • High Approval Rate: While you may be denied for a car loan, it is much easier to get approved for a lease, as even those with poor or no credit can be approved.

Explore Leasing and Financing Options at Tulley Mazda

What works for others might not work for you so make sure you know what you want and what you can afford. Explore our Mazda financing and lease deals and make your way to us at Tulley Mazda today! Contact us with any questions in the meantime, learn more about what a good interest rate for your car loan is, then visit one of these great breweries near Manchester, or best pizza places in Nashua, to celebrate.

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Tulley Mazda

147 Daniel Webster Hwy Nashua, NH

Phone: (603) 888-0550

http://maps.google.com/?q=147%20Daniel%20Webster%20Hwy%2C%20Nashua%2C%20NH%2003060

Parts

Phone: (603) 888-0550

147 Daniel Webster Hwy Nashua, NH

Sales

Phone: (603) 888-0550

147 Daniel Webster Hwy Nashua, NH

Service

Phone: (603) 888-0550

147 Daniel Webster Hwy Nashua, NH
42.7246467 -71.4491792
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Tulley Mazda
Tulley Mazda
147 Daniel Webster Hwy
Nashua, NH, 03060 US
(603) 888-0550
https://di-uploads-development.dealerinspire.com/tulleymazda/uploads/2018/10/TulleyMazdaOGImage.png
Tulley Mazda 42.7246467, -71.4491792.