Financing or a Lease? What’s the Best Way to Buy my Next Car?
When you’re in the market for your next vehicle, you’ll need to ask yourself some critical questions. Not just “what sort of car do I want?” but also “how am I going to pay for it?
When you’re deciding on how to pay for your vehicle, you’ll find two primary options waiting for you: loans and leasing. The team at INFINITI of Fort Wayne can help you find the answer you’ll need.
The Pros and Cons of Loans and Leasing
When you start shopping for your new INFINITI car, you might naturally lean toward a traditional vehicle loan. And there are good reasons why a loan might be right for you.
Loans might come with higher monthly payments, but they offer more flexibility and the potential for long-term savings. A loan is the best option for Huntington, IN drivers looking to buy a car they’ll stick with for years to come.
Leases, in comparison, are better for Warsaw, IN drivers looking for savings right now. Leases are more like long-term rental contracts. You agree to pay a set bill every month for a period of several years. During this time, you get the right to drive in a new car.
Leases tend to be easier to qualify for and come with lower monthly payments. They’re designed to be temporary, however. They tend to come with restrictions on vehicle use, and you’ll need to give the car back when you’re done.
Apply for Your Best Option at INFINITI of Fort Wayne
Have you decided on a lease or a loan? Have you picked the new INFINITI model that’s right for you? Reach out to our team today and get started. We offer an online finance form that makes it easy to get pre-approved for the financing you want.