Buy vs. Lease

Whenever you are looking for your next vehicle, you inevitably will consider whether you should buy or lease. But how do you know which one is the right option? The professionals at Fred Beans Chrysler Dodge Jeep Ram understand that process can be difficult and we are here to help you out. There are unique advantages and disadvantages to buying or leasing your next Ram truck or another vehicle that may be more appealing to your personal budget. Check out the list that the expert staff at Fred Beans CDJR has complied on each scenario and then visit our finance center to hear a more detailed explanation about the various purchase options for your next ride.


Buying Pros

  • You can build equality with the ability to own for the lifespan of the vehicle. 

  • There are no end-of-lease obligations, so you do not have to be concerned about any wear and tear.

  • You can customize your model to suit your personality.

  • Enjoy no mileage limits with your Chrysler, Dodge, Jeep, or Ram model.


Buying Cons

  • You will usually undergo higher monthly payments.

  • You will not have the option to exchange your current vehicle for one that has the latest technology. 

  • It can typically take longer to sell when you own your vehicle.

  • Interest rates increase for longer terms.


 

Leasing Pros

  • Lease terms typically provide lower monthly terms while driving the latest models.

  • You will have flexibility in lease terms and mileage options. 

  • Get the latest Chrysler, Dodge, Jeep, or Ram models with an easy trade-in. 

  • Negotiate a mileage option that fits your driving lifestyle.


Leasing Cons

  • You are restricted by mileage limitations.

  • Customizing leased models are prohibited. 

  • You cannot build equity upon a leased vehicle. 


Our experienced finance staff at Fred Beans CDJR is ready to help you choose whether it makes more fiscal sense to buy or lease your next vehicle. We will be glad to check out different Jeep lease deals or deals on whichever models most catch your eye. Visit us and test drive the ride that will transform the way you drive today!

Hours

  • Monday 9:00am-8:00pm
  • Tuesday 9:00am-8:00pm
  • Wednesday 9:00am-8:00pm
  • Thursday 9:00am-8:00pm
  • Friday 9:00am-8:00pm
  • Saturday 9:00am-5:00pm
  • Sunday Closed

Contact Us For More Information Today

By submitting your contact information, you consent to be contacted by telephone about purchasing a vehicle or obtaining vehicle financing. Clicking on the Submit button above is your electronic signature.

; ;