What’s Better for You: Buying vs Leasing?

Is it time to drive home in your next vehicle? Then it’s also time to pop the big question—should you lease vs finance your next car? After all, getting behind the wheel of your next ride is one of the most critical financial choices you’ll likely make this year (or even in the next three years), so you’ll want to ensure the way you pay for your vehicle fits your budget and style. No need to worry, as today, we’ll walk you through both ways of driving to help ensure you make the right choice for your needs—also, stop by Wood Motor Nissan near Green Forest, AR, to start your next lease or loan.

Keep It Simple—What Can a Lease Do for You?

Instead of buying your next vehicle, have you ever wanted to engage in a long-term rental? In other words, work with a vehicle that you can switch out in the next year or two with minimal commitments? Then a lease is already a solid choice for you, as your terms rarely exceed three years—and when you’re done, you simply return the car and get three choices—call it good, lease another vehicle, or buy the ride you just drove. Keep in mind that you’ll find virtually no limits for the car you switch to at the end of your lease—even if you want to jump from a sleek sedan like the Altima to a rugged Armada SUV.

However, with a lease, you don’t technically own the vehicle, which means you can’t make any permanent modifications, like painting the car. Also, you’ll need to stick within a mileage limit—but for most styles of commuting or casual cruising around the Mountain Home, AR, area, this isn’t an issue that pops up often for many drivers.

The Freedom of Ownership—Why Get a Loan

Unlike a lease, financing your next car gears you up for eventual ownership—meaning if you found “the one,” you won’t need to return or trade your vehicle any time soon. In fact, since you technically own the vehicle, your freedoms are nearly limitless, so feel free to take a cross-country adventure in your Nissan Pathfinder—even hook up a travel trailer to your TITAN for a legendary excursion. Or, if action-packed performance is more your pace, modify your Nissan Z to help you dominate the track or find extra fun on the go—even sell the vehicle when you please—the restrictions when you get a loan for a car are nearly nonexistent. However, keep in mind a loan typically costs more upfront and monthly when compared to a lease of the same vehicle—but since you’re working toward ownership, the costs are usually worthwhile.

Your Next Ride Awaits: Begin in Harrison

Are you ready to hit the road in your next Nissan vehicle? Start your lease or loan at Wood Motor Nissan Harrison near Branson, MO. Our team is here to assist the entire time, so, feel free to ask for more details about each financing plan or explore our loan and Nissan lease deals—it’s only the beginning of how we put you first.