Investing in a new vehicle is an exciting time but can also lead to a lot of questions in concerns. There are so many options to choose from – car or SUV, truck or van, new or pre-owned. Today, we want to focus on the differences between purchasing and leasing a vehicle. Each is a fantastic option for very different reasons, so we’re going to walk you through it to help you make the best possible choice!
Leasing a vehicle is a great option for many reasons. If you drive for work and can write off your car payment or miles, if you want a lower monthly payment, if you like swapping out vehicles for a new model every few years, a lease is the way to go. A brand-new car is more likely to include all the modern amenities and safety features, which greatly appeal to most drivers. You can even buy out a leased vehicle when your contract is up if you decide you truly do love it and want to invest long term.
Though lease payments are often lower monthly, those wanting to pay off a vehicle and keep it for the long haul will want to buy. Owning the vehicle means that any profit made when you sell or trade it in is yours, which is not the case with leasing. You can also customize a vehicle you own, while you can’t make any changes to a lease.
Whether you’re ready to buy or lease, My Maven Autos is here to help. We are the premier concierge leasing and car buying professionals. We make the process so easy that we will deliver your new vehicle straight to your home. Getting your vehicle should be hassle-free, and we will do everything in our power to ensure that’s exactly how your experience goes. For more information, give us a call today at 631-MYMAVEN!