Buy vs. Lease

It's time for your next vehicle, and that means it's time to decide whether you will buy or lease. There are benefits and drawbacks of both options, and when you take your unique situation into account it gets even more complicated. At Haldeman Hamilton we want to help you reach a decision so that you can spend more time in your new vehicle and less figuring out how to get it.

 

A Bit About Buying

 

Buying will save you money in the long run, but you will spend more upfront. You will run into a pretty hefty down payment - depending on the model - and your monthly payments will be more than that of a lease, but eventually you will own the vehicle. Ownership means you can do what you want with the vehicle and drive where you want. That means customization options are on the table, it's your vehicle you make the choices. And, when you're ready for a new vehicle you can sell yours or trade it in because you own it.

 

A Little About a Lease

 

A newer model at a lower price, sound good? Sounds like a lease. Leasing will allow you to drive a newer vehicle with lower monthly payments. Also, you won't run into any charges for repairs because the vehicle will be covered under warranty. Of course, since it's not your vehicle selling isn't an option nor is customization. Also, remember that a lease mean limitations on mileage. You won't want to lease if you have a long commute to work or enjoy Sunday drives. If you go over the limit you will incur charges. 

Whether you choose to lease or buy your next vehicle let the experts at Haldeman Ford Hamilton guide you through it all step by step. We want to make sure that your experience is seamless, because getting your next vehicle should be fun, exciting, and as easy as possible. Give us a call or contact us online to get started!

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* Offers subject to change without notice. See dealer for details.