To Lease Or To Buy?

That is the question. Every one's situation is different. When thinking about how to finance your next new vehicle, there are some questions you need to ask yourself... How often do I like to get a new automobile? How many miles do average driving per year? What is my monthly budget? The answers to these questions will have a direct impact on your pocketbook in the future. When comparing leasing vs. purchasing there are some things you do need to know and these things will also have an impact on your pocketbook... What is my equity position at the end of the lease - typically 3 years. In other words what is the lease end or guaranteed future value compared to the pay off at the bank? Sometimes the lease payment may be slightly more than a typical finance payment - that's why you need to know your equity position. If the lease end value is less than the bank pay off, then you will have negative equity. If the lease end value is greater than the bank pay off, you will have positive equity. Leasing can be the right thing for you to do. It's a matter of knowing all the facts. It's our job to make you aware of these facts. Please feel free to give us a call. We are your leasing experts.