Buying vs. Leasing: Which Should You Choose?

Deciding whether to buy or lease a new car in Richmond can be tricky. While buying your next car gives you the freedom to do whatever you want with it, leasing makes it much easier to have a vehicle with the latest bells and whistles. As most drivers around Glenn Allen and Mechanicsville will come to find, there are several factors. So when you’re looking at new vehicles for sale, it’s worth diving into the details about whether you’re better off financing or leasing. Contact our finance department today to learn more!

Benefits of Leasing

When you choose to lease, you are essentially borrowing your Nissan model for a predetermined period of time. When the lease term is up, you can return the vehicle, and in some cases you might have the option of buying it outright. Some of the advantages of leasing include:

  • Cost – Leasing a vehicle usually requires a smaller down payment and a lower monthly payment than purchasing one. With a lower down-payment, you may be able to get the car you want at a price you can afford.
  • The Latest Features – Most leases last 24 or 36 months, meaning that, when your lease ends, you can return the vehicle and swap it out for an even newer version.

Benefits of Buying

Henrico drivers may find that the advantages of financing work better for them than leasing. Some of the advantages of that approach include:

  • You Own It – You’re building equity with each payment you make. Whether your loan lasts 36, 48, or 60 months, you’ll own the car at the end of it.
  • Customize – Since you’ll own the car, you can make whatever modifications you please. Want a new paint job or stereo system? When you buy, you can do that!

2018 Nissan Rogue SL exterior monarch orange2018 Nissan Rogue SL hidden trunk compartment

Explore Your Options at Nissan of Richmond

Whether it’s better to buy vs. lease will depend on your circumstances, but we’re here to help. If you are looking for your next sedan, compare the 2018 Nissan Sentra vs. Honda Civic, then drop by Nissan of Richmond to take a test drive and discuss your guaranteed car financing options with our finance team and learn more about GAP insurance packages. Contact us today to learn more, or simply visit our dealership in Richmond.

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11401 West Broad St • Richmond, VA 23233

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Nissan of Richmond 37.6504976, -77.6079719.