Buy Vs Lease Pros And Cons
Nissan Buying vs Leasing in Yonkers, NY
Purchasing a new car is a big deal, which is why at our Nissan dealership in Yonkers we do everything we can to make the process a little bit easier for you. Finding a Nissan to buy in Yonkers can be difficult, as can the decision of whether to buy or lease. Fortunately, we’re here to help simplify your choice.
Check out our list of key factors to consider when deciding between buying and leasing. If you're unsure of which option is better for you, come on down to our Nissan dealership and our finance experts will break down the numbers to help you make your final decision.
The Buyer
Pros:
- You get to own the car
- Drive as much as you want
- Modifications allowed
- Keep your vehicle as long as possible
- Gain Equity
Cons:
- Usually requires a bigger down payment
- Higher Payments than leasing for shorter terms
- Resale value is a tricky gamble
- Negative equity is possible
- May have to stretch out length of loan and add to interest
The Lessee
Pros:
- No/very low down payment
- Monthly payments generally lower
- Lets drivers switch cars frequently
- Car usually covered under warranty for repairs
- Turn in car and walk away
Cons:
- Having to start over with a new lease or purchase
- Mileage restrictions, if broken there are fees
- Can’t be reckless with your care of the car (required to fix everything)
- No/little modification to vehicle
- Not building any equity while leasing
- Only good credit scores will qualify for a lease sometimes
Nissan Leasing and Financing in Yonkers, NY
We have a great finance staff here ready to help you work out the best financial solution for you. Our experts address your needs and concerns, working to find the best financing solution for you. It’s our goal to have every New York Nissan driver that visits our dealership leave happy and make your dream car a reality. Whether you have excellent or challenged credit, we will work through it to give you a tailored solution.
Visit our Nissan dealership in Yonkers to explore our top models and discuss your lease and financing options. You can also check out our finance page on our website to get started at home before you even set foot on our lot. You'll never regret purchasing from us, as we ensure a seamless and enjoyable buying experience. We’ll go above and beyond your expectations in the end, so buy or lease your very own Nissan today!
