Should I buy or lease? Now that is the question when deciding on your next vehicle. Both purchase options offer unique benefits, but whether leasing vs. buying is a better fit for you will depend on your financial situation and your driving needs. At Hendrick Dodge Cary, we help you figure out which of the two will work best for you! Will leasing vs. buying benefit your current situation? Let’s find out. Contact us if you have any questions.
Perks of Leasing a Car
If you have never leased a vehicle before in Chapel Hill, it is worth looking at the perks of leasing before ruling it out:
Expect a lower down payment.
Expect lower monthly payments.
The sales tax is lower in most states when leasing a vehicle. Typically, you only have to pay tax on the down payment and monthly payments.
Get a new vehicle when your lease agreement is over in two or three years.
Buying a vehicle has not lost its perks for Carrboro drivers. Instead, there are plenty of benefits as to why you should buy your next car, truck, or SUV:
No mileage limits to consider
Total ownership of the vehicle
You can make cosmetic changes to the exterior and interior of your vehicle
You can sell your vehicle any time you see fit
You can refinance your loan for lower monthly payments
Should I buy or lease a vehicle? It may be easier to answer now that you know the benefits of both. You can buy a new car outright or set up monthly payments based on your credit history. You have options when it comes to your next car, truck, or SUV, and we have plenty of options readily available for financing and leasing. Our team is ready to work with you!
Buy or Lease with Hendrick Dodge Cary!
Whether you choose to buy vs. leasing, you can do both with us, Apex drivers! Connect with our finance team to find out your buying or leasing options, learn how to take over a car lease, and take advantage of our new vehicle specials that will help you save on your next vehicle.
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This vehicle is being built now. Contact dealer to reserve this vehicle and discuss options for locking in pricing and eligible incentives.
Vehicles identified as “Being Built” are pre-production vehicles that are not yet on the dealer’s lot or in transit. Pre-production computer-generated images may be shown and may not be representative of the vehicle listed.
MSRP for standard equipment plus optional equipment listed. Vehicle delivery date and other vehicle information, including pricing and incentives, are subject to change until the vehicle build is complete.
MSRP excludes additional charges including without limitation any delivery fees, government fees and taxes, title and registration fees, finance, filing and processing charges, emission testing charge, accessories and upfits.
