Thursday, July 17, 2014

Buying or Leasing A Car: What's Best For You?

We often have customers (especially those new to the car market) ask about the difference between buying a car and leasing a car. Both are viable options, depending on your lifestyle. Things to consider in this decision are:

  1. How many miles you drive per year (10,000+ usually = buying may be better)
  2. Monthly payment size (lease = smaller payments unless loan is 5+ years)
  3. Future plans (moving away, planning a family, prefer newer model car, etc.)
Anyone is always welcome to come into our Corby Avenue showroom and talk with our knowledgeable staff in further detail about this. In the meantime, we've pulled this handy comparison checklist from ConsumerReports.org to help you sort through some of the basic differences.

                                           
                                                      BUY                                                   LEASE
Both are viable options, it all depends on lifestyle and future plans.
If you have further questions, give us a call at 707-542-4810 or visit us online at MBofSantaRosa.com.