Many Parker and Bullhead City shoppers ask us, “Should I buy or lease a car?” The answer is that either choice is great, so it all depends on your wants and needs. While some may prefer the short-term commitment and flexibility of the lease, others prefer the long-term investment strategy of buying. There’s no right or wrong answer, but the team at Anderson Toyota is here to help you discover the best path forward for you. Read on for more car buying tips, and visit our finance team in Lake Havasu City to get started!
Why should you consider leasing in Kingman? Leasing a car is a short-term commitment that lasts around two to three years on average. When you lease a car, you’re essentially renting it for the duration of your contract. At the end of the contract, you have several choices: renew your contract, turn in your car, or finance the remainder of the lease. Here are some of the primary benefits of leasing:
So, why finance a car instead of leasing? Comparing leasing vs. buying, buying is still the most popular option. When you finance, you take out a loan to pay the full value of the car. Once your loan is paid in full, you have complete ownership over the vehicle until you decide to sell. This offers many advantages:
Should I lease or buy a car? Anderson Toyota is here to help, so visit us in Lake Havasu City to start discussing your options! And if you’d like to start the conversation, contact us with your questions today or apply for financing from home.
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