If you are thinking about buying a shiny, new Nissan model at Twin City Nissan, you are might also be thinking about whether it's better to buy or lease.
When purchasing a new Nissan Altima, there are several factors to consider. Continue reading to learn more about the differences between financing and leasing a new Nissan crossover.
A significant piece of the puzzle is your monthly income and how much you want to spend. Leasing a car may have lower monthly payments than financing, but could require a more significant down payment.
Another thing to consider is how many miles you plan to drive. If your commute takes you less than ten thousand miles per year, leasing could be a good option. Lease contracts incorporate certain mileage restrictions to help reduce the wear and tear on the vehicle, thus helping to reduce the cost of ownership.
If you are wondering if you should buy or lease, the length of time you want to own the vehicle should also be considered. When you complete your final finance payment, you own the car. At which point, you can sell, donate, or trade it in whenever you please. However, if you lease a new Nissan sedan, and decide you'd like to end your lease, there may be early termination fees.
A benefit of leasing is, when your lease term ends, you can return your car to us and walk away or lease a brand new car. When you own your vehicle, you have to handle selling it to a third party when you want to upgrade. If you're going to drive a new car that offers today's latest features and comforts, then leasing is an excellent way to go.
When you are ready to make your purchase, don't rush to our local Nissan dealership just yet. Having the proper paperwork and documents is essential. You'd be surprised at how many people show up excited to lease a new Nissan Titan truck only to discover they've forgotten their checkbook.
Take a moment to make sure you have everything you will need. Do you plan to trade in your current vehicle? If so, you'll need to have the title and all keys in your possession.
Knowing what you need to bring with to make your purchase can be as important as knowing which new Nissan you're going to drive home in. Take a moment to review our handy checklist to ensure you have everything you need to buy or lease your next new Nissan Rogue.
Follow these directions to our local car dealership for your next car purchase or lease. We look forward to serving drivers throughout the Nederland and Beaumont areas at Twin City Nissan in Port Arthur, Texas!