Should I lease or Finance for My Next Vehicle Purchase?

Lease or Finance a Nissan in Freehold, NJ

Should I Lease or Finance for My Next Vehicle Purchase?

Deciding whether to lease or finance your next car is a common dilemma for many car shoppers. It’s a big decision with no clear-cut answer, as the best choice depends on your specific needs and circumstances. While that might feel unhelpfully vague, the truth is, understanding your options is key!

At Raceway Nissan of Freehold in Freehold, NJ, we get that this decision isn’t always straightforward. That’s why we’ve created a simple guide outlining the pros and cons of leasing versus financing.

Whether you’re new to car buying or a seasoned shopper, this comparison will help you make an informed choice and simplify your car-buying experience. Keep reading to learn more!

Should I Lease My Next KIA Vehicle?

Leasing Pros

  • Get more vehicle for less money
  • Enjoy shorter loan terms
  • Drive a new vehicle every 24 to 48 months
  • Lower repair costs due to new vehicle maintenance plans
  • Pay less in sales tax
  • Option for little to no down payment

Leasing Cons

  • Mileage usage is limited by the lease terms
  • You don’t own the vehicle at the end of the lease, though there is usually an option to purchase it
  • Exceeding the mileage limit can result in significant overage fees

Should I Finance My Next KIA Vehicle?

Financing Pros

  • You own the vehicle once the financing agreement is complete
  • The vehicle can be used as a trade-in for a future purchase
  • You have the freedom to modify or customize the vehicle to your preferences
  • No restrictions or penalties related to mileag

Financing Cons

  • Monthly payments are generally higher compared to lease agreements
  • A larger upfront down payment is often required
  • Repair costs become your responsibility after the maintenance plan ends
  • Your capital is invested in an asset that depreciates over time

Test Drive Your Next Nissan Vehicle at Raceway Nissan of Freehold Today!

Not sure whether leasing or financing is the right choice for you? No problem! At Raceway Nissan of Freehold in Freehold, NJ, we’re committed to providing a no-pressure, hassle-free shopping experience.

Our friendly sales professionals are here to guide you through our selection of vehicles, highlight their features, and take you on a test drive. Once you’ve chosen the perfect Nissan vehicle, our expert finance team will break down the advantages of both leasing and financing in clear, easy-to-understand terms.

Don’t let uncertainty hold you back—visit Raceway Nissan of Freehold today for a test drive and get one step closer to your new Nissan car, truck or SUV!

Get Directions

4041 US-9, Freehold, NJ, 07728
Raceway Nissan of Freehold 40.2627217, -74.2915164.