Should I Buy Or Lease A New Car In Port Arthur, TX?

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.

What Do I Need To Bring When I'm Ready To Buy Or Lease?

• Your driver's license: You'll need a valid license for proper identification and to take your test drive.
• Your Social Security card: Even if you have your social security number memorized, it is good to bring your social security card with you for a credit check. Our finance associates will need it for tax purposes even if you plan to pay in cash. All financial transactions valued at over $10,000 need to be reported to the IRS.
• Proof of auto insurance: Drivers are legally required to be insured and must provide proof of auto insurance coverage to purchase a vehicle. Regardless of if you choose to finance or lease, you'll need to have proof of insurance with you.
• Your checkbook/wallet/credit card: Whether it's via cash, cashier's check, credit card, or financing, you'll need to pay for the car somehow. Lease agreements typically require a down payment. Be sure you have a method of payment ready.
• Proof of residence, employment, and salary: Depending on your credit rating, you may need to bring additional documents with you.
• The appraisal estimate for your trade-in: Be sure you have the title and keys to your trade-in as well.
• A few hours to complete the paperwork: Buying or leasing a new Nissan is a time-consuming process. Be sure to budget your time, so you can read all the paperwork and aren't rushed.

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!