Is it Better to Lease or Buy a New Chrysler?

All of us here at Fresno Chrysler Dodge Jeep® RAM know that the only decision more nerve-wracking than getting a new car is the question of how to pay for it.

You have several different options when it comes to financing your new vehicle, but let’s hone in your two main choices when it comes to a deal: is it better to lease or buy a new Chrysler?

Leasing Pros and Cons

Both leasing and buying a new Chrysler involve signing on to a payment plan over an agreed-upon span of time. When buying, you will own the car at the end of the payment cycle. With leasing, you will need to either buy the car or give it up and potentially lease another one.

The clearest pro for buying is that you will own the car at the end. If you have fully vetted and inspected the vehicle before signing the payment plan and kept up with regularly scheduled service and maintenance, you’ll have a solid car that’s yours.

On the other hand, what if long-term car ownership is not for you? Leasing a car can free you up to try different cars that might be too expensive. Plus, the lease payments are generally less per month that the payments you’d make if you were buying.

Short-Term or Long-Term?

The real question is what you need this car for. Do you want something reliable for the long-haul? If you have a family and want a vehicle for a good chunk of years, then do some thorough research and budget out a fair payment plan to buy a new Chrysler.

However, if you’re looking to experiment with different Chryslers for maybe a year at a time and are prepared to keep them in good shape, then try leasing.

Either way, Fresno Chrysler Dodge Jeep RAM 1can help you find a plan that works for you. Give us a call today!