When you visit our Toms River, NJ car dealership, our sales experts will give you the option to either lease or buy your next vehicle. That said, many who visit us at Lester Glenn Chrysler Dodge Jeep® RAM are often unsure which method to choose, as both come with their benefits and drawbacks.
Should you buy or lease your next car? The answer is somewhat complicated and often depends on your individual preferences as well as your budget. For the most part, buying a car is a great option for anyone who wants something new and plans to own it for a long time. Auto loans can take a while to pay off, no matter how well you’ve managed to finance it. However, when you buy a car, it completely belongs to you, so you don’t have to worry about mileage caps or wear and tear.
Leases, on the other hand, are a little more contingent. While you will almost certainly pay a lower price, you’ll have to pay for any wear and tear you incur once your lease is up. Fees can also be imposed if you go over the agreed mileage limit. That said, leasing a vehicle gives you the chance to drive something new every three years or so. For instance, if you leased a RAM truck back in 2017, by the time 2020 comes around, you’ll be ready to slip right into a new one.
If you’re still unsure which option is the right fit for you, our dealers at Lester Glenn Chrysler Dodge Jeep RAM are more than happy to cover all of the minute details. Every day we strive to create a car buying experience that is unique for our customers and to also treat our customers as an extended part of our family.