Buy vs. Lease

Financing a new car is a major decision. Most drivers in Williamsville have a traditional car loan or a vehicle lease. Both financing options offer pros and cons depending on the driver, but you can count on Transitowne Auto to find the best package for you.

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Should I Buy or Lease My Vehicle?

One of the most common questions the Transitowne finance department gets is whether to buy or lease your vehicle. The answer is that it depends on your situation and the benefits you’re looking for.

Buying

The main advantage of buying is that you own the vehicle. That gives you the freedom to add accessories, make alterations, or borrow against the equity of your vehicle. On the other hand, you’re also responsible for major vehicle repairs and you’ll have to go through the vehicle trade-in process if you’d like to get a newer model.

Leasing

Leasing allows you to try out the latest models without the obligation to keep them after the lease period expires. Most leases are 24-48 months; if you’re planning to move soon or just in town for a few years, a lease may be an easier way to get a vehicle in Williamsville. On the other hand, you won’t build equity in the vehicle.

Buy vs Lease at Transitowne Auto

Both buying and leasing have pros and cons, but our finance team can help you figure out the best option for you. No matter what financing option you choose, you’ll receive expert knowledge and warm customer service from the whole Transitowne team.

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Auto Financing in Williamsville

Transitowne Auto is committed to offering new cars, trucks, and SUVs for sale at affordable prices. On top of auto financing, new vehicle specials and used vehicle specials can help you save even more. Come to our dealership or contact us today if you have any questions.