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Should I Buy Or Lease?

Woman reading a car purchase contract in car dealership

If you’re asking, “Should I buy or lease a new Land Rover?” you’re not alone. It’s a question Land Rover Englewood hears a lot. The answer depends on your financial and driving needs. Take a look at the perks of lease vs. buying:

Reasons to Finance Your New Land Rover

There are plenty of perks to buying your new Land Rover. If you’re on the fence, here’s why you should choose financing instead of leasing:

  • The car belongs to you for as long as you like. You don’t have to return the car to the dealership.
  • There are no mileage limits when you own your Land Rover. That means you can take road trips from Jersey City without worrying about limits.
  • Buying gives you more customization options. You’re free to pursue your favorite accessories or modifications.
  • Sell your car or trade it in if you’d like. It belongs to you, and you’ll be able to use the trade-in value in any manner you like.
  • Financing a car is more straightforward than leasing. You can even apply for financing online.
  • Over time, financing will tend to save you money. That’s because you will likely keep a car you own longer than a car that you lease.

Reasons to Lease Your New Land Rover

Maybe long-term ownership isn’t right for you. Perhaps you just want to stay in the latest vehicles as you travel around Fort Lee! Here’s why you should lease instead of buying:

  • Expect a lower down payment and smaller monthly payments when you lease a Land Rover.
  • Sales taxes will also be lower since you don’t own the car outright, and you usually only pay tax on the total value of your leasing contract.
  • Once you’ve leased your first vehicle, it’s relatively simple to trade it for your next lease. Just pay any remaining fees on your old car and choose the next model you’d like to drive. In some cases, you may even be able to turn your lease in early.
  • You won’t have to worry about negotiating, a common practice for drivers who trade in or sell their old vehicles.
  • Stay up-to-date with new models when you lease. Most leases last a couple of years, making it easy to upgrade often.
  • As long as you’re under your mileage limit, your warranty coverage will protect your car.
  • It’s easier to get approved for a lease than it is for a car loan. Even if your credit isn’t great, you can still drive a reliable new car.

Leasing a Certified Pre-Owned Land Rover

Not all dealers offer used car leasing options, but we do at Land Rover Englewood. We make the process simple — it’s not much different than leasing a new car. Take a look at our Certified Pre-Owned lease deals today. We know you’ll be excited by how much you can save on your New York City and Weehawken drives.

Learn More With the Land Rover Englewood Finance Center

Still asking, “Should I buy or lease?” Contact the Land Rover Englewood finance center. We’re here to answer your questions, and we can give you tons of other car buying tips while you’re here!

Learn More with Land Rover Englewood

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