Buying vs. Leasing

 

Buying Vs Leasing: Which is Right for You?

Buying and leasing are the two options that you have when it comes to getting behind the wheel of one of our new or used vehicles in Plainfield, CT. Our experts have had many people ask them which is better, but it really comes down to the needs of your life as each has its own advantages and disadvantages.

Contact

Central Auto Group

98 Lathrop Rd
Directions Plainfield, CT 06374

  • Sales: 860-564-8020
  • PARTS & SERVICE: (860) 564-4014

What to Know About Leasing

Leasing comes with many questions from most drivers, but it is more straightforward than you would imagine. You have a specific lease period with monthly payments, and at the end, you bring the vehicle back to us. A lot of advantages come from its simplicity, including: 

  • Lower monthly payments than buying
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  • Allows you to upgrade after the leasing period for the newest and most advanced vehicles
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  • Staying covered under the manufacturer warranty through your leasing period

This does come with disadvantages though, including fees for going over mileage limits and for wear-and-tear, that you will need to pay attention to. Luckily, our finance experts near Coventry, RI will go over all these limits so that you know everything before you get into the driver's seat.

The Advantages and Disadvantages of Buying

 Buying is the most common option, but there is a lot to consider if this is the route you want to take. The advantages to expect from buying a car, truck, or SUV near Mansfield, CT include:
  • Owning the vehicle after the payments are made
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  • Being able to sell the vehicle once you want to buy another
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  • No mileage limits and no fees from making changes to the vehicle

We will do everything we can to keep your payments within your budget, but paying the full value of the vehicle will generally keep the monthly payments higher than leasing would.

Learn More at Our Dealership

One of our experts can sit with you for a more specific look at your needs, helping you decide which of these options best for your lifestyle. We have many new and used models  near Norwich, CT, giving you the best chance of getting into one that is perfect for the needs of your life.