Should You Buy or Lease Your Next CDJR Vehicle?

Image via Snethkamp CDJR of Gaylord.

Buying a car is just one way to get into a new vehicle. Leasing is also an option, but the process works a little differently. Keep reading to explore whether you should buy or lease a car and how to locate a reputable Chrysler dealer near you that can help.  

To Buy or Lease a Car: That Is the Question   

A vehicle lease allows you to effectively “rent” a car for an extended amount of time without the commitment of buying. This can work better for some individuals and even businesses than putting a large down payment on a vehicle or purchasing it with cash. 

Key Features of Buying 

When you buy a car, even with financing, you own it. The title, insurance, and tax records will be in your name. You can keep the vehicle as long as you want or sell it to someone else, but you are also responsible for its maintenance and any repairs that may need to be made.

How Leasing Works 

With leasing, you pay a monthly fee to use the vehicle for a specific period. The dealership retains ownership of the car, but you are typically required to pay for insurance while you drive. Once your lease ends, the car is returned. You may or may not have the option to buy at this time.

Most leased vehicles have robust parts and labor warranties, so the cost of caring for the vehicle is significantly lower. This can be a big plus for people who struggle to budget for unexpected issues. Lease payments may also be lower than financing for a new vehicle, since you aren’t paying for the entire life of the car. Instead, you’re only paying for the portion of the vehicle’s lifespan when you will be driving it.

What to Look For in a Reputable Chrysler Dealer 

When you’re looking for a qualified Chrysler dealership near you, keep these important things in mind: 

• A majority of positive online reviews 
• Timely responses to negative reviews 
• A large inventory with multiple models 
• Easy to reach someone when calling 
• Flexible financing available 
• Monthly vehicle specials 

Contact our team at Snethkamp Chrysler Dodge Jeep Ram of Gaylord in Gaylord, MI to learn more about the differences between buying and leasing a vehicle or to schedule a test drive. We’re looking forward to helping you find the right vehicle and payment arrangement to fit your specific needs. 

Tags: Leasing, Pre-Owned Dealers in Gaylord MI, Snethkamp CDJR of Gaylord
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