Buy vs. Lease
Buy vs. Lease
Should You Buy or Lease Your Next Car?
While most consumers pay for a vehicle with cash or finance it with a loan, there are still people who choose to lease a car. We will explore the benefits and the consequences of each option. Every person has a unique situation with unique needs. Make sure you do as much research as possible before reaching a decision.
Buy
- You own the car!
- You're probably making monthly payments unless you paid with cash.
- Forgetting to make payments is grounds for the car to be repossessed and can negatively affect your credit.
- The more you put down up-front, the less your monthly payments will be.
- After you've paid it all off, you will receive your clear title saying you don't owe any more money.
- When it becomes your car, you can keep it, sell it, or trade it. Have your car routinely checked and cleaned.
Lease
- You pay a lower monthly payment and can avoid the steep interest rates of a car loan.
- You do not own the car at any time during or end of the lease. Some dealerships may allow a "lease to own" contract.
- When the lease is up, you turn the car over to the dealership and find a new lease or buy a car.
- You can lease a new car every few years to ride in style, comfort, and on a budget. This is especially great if you're military, traveling, or need constant change.
- You don't have to worry about your asset depreciating.
Whichever you decide, come make Rothrock your dealer of choice!
NEW INVENTORY
USED INVENTORY
Allentown, PA 18104 Get Directions
Rothrock Chrysler Dodge Jeep RAM
1648 Plaza LaneAllentown, PA 18104 Get Directions
Sales
610-854-8113
Service
610-778-2111
Parts
484-725-6638
Collision Center
888-231-7440