If you're looking to buy your next car, a question you might be asking yourself is whether or not you should lease your vehicle. Buying and leasing both come with pros and cons. All of us here at Fuson Automotive are ready to speak with you to determine the right choice for you and your family.
Benefits of Leasing a Car
Leasing is usually a great way to get a new car at a lower monthly payment. If you like to always be in a new car, but your budget doesn't allow for everything that you want in a new vehicle, leasing might be for you. You also won't have to worry about a lot of the maintenance costs that would be your responsibility if you bought a vehicle.
On the flip side, you want to be sure you don't put a ton of miles on your vehicle. Most lease agreements have mileage limits that will result in a fee if you go over. Furthermore, you also won't be able to customize the vehicle to your liking and will be charged for any damages over usual wear and tear when your lease agreement is up.
Benefits of Buying a Car
First and foremost, you can drive your new car anywhere and everywhere. You'll have no mileage limits on a car that you take out a loan to purchase. You'll also be able to customize any way you want. Also, once you pay off your loan, the vehicle will be yours to drive payment free for as long as it runs well.
Some cons are that you will be responsible for maintenance costs unless your car has a warranty, and you'll probably pay higher monthly payments during the life of your auto loan.
If you'd like to learn more about buying and leasing, contact the experts a Fuson Automotive in Terre Haute, IN. You can also call us at 888.635.0389.