Buying Vs. Leasing Your Next Vehicle
Vehicle shoppers who speak with the team here at Southbank Dodge often ask us for help when deciding to lease or buy their next vehicle. Because there are advantages for both leasing and purchasing, it can be difficult for many drivers to decide which option is best for them. To help drivers make their decision, we’ve broken down the advantages of each approach.
Advantages of Buying a Vehicle
Many drivers prefer to purchase their vehicle because of the freedom that comes with complete ownership. When drivers purchase their vehicle, they are free to personalize their vehicle as they see fit. Drivers can equip accessories to their vehicle or have detailing work done, without having to worry about the terms of a lease agreement. Vehicle purchasers also don’t have to worry about mileage limits or maintenance requirements.
Advantages of Leasing a Vehicle
Drivers who choose to lease a vehicle are unlikely to experience maintenance issues, as they’ll only be driving the vehicle for a short period of time, and many forms of regular maintenance service are included within the lease. Leasing also allows drivers to drive a new model, without having to worry about its value depreciating over time.
Should You Lease or Buy Your Next Vehicle?
For drivers who are looking for lower monthly payments, want to be able to drive a new car every few years, and don’t mind having restrictions on how they can customize their vehicle, leasing is the better option. Drivers who would prefer to have more freedom with what they can do to their vehicle, or who don’t want to worry about mileage and maintenance requirements should consider purchasing their next vehicle.
Buy or Lease Your Next Vehicle at Southbank Dodge
Interested in purchasing or leasing your next vehicle in the Ottawa, Ontario area? Southbank Dodge is the perfect place to shop for your next vehicle. Drivers can explore our current inventory of new vehicles right here on the Southbank Dodge website. Have any questions for our team? Don’t hesitate to call our team at (833) 384 – 0276, or by sending us a message right here on our website.