Buying vs. Leasing in Manchester, CT
When taking home one of our latest Acura models, like the Acura MDX or Acura Integra, Schaller Acura makes choosing between buying and leasing a seamless experience. As a prospective new car owner, you may be curious to know which financing option fits your lifestyle, budget, and driving needs better. Ownership of a new vehicle sounds tempting, yet so does having the flexibility to upgrade to newer Acura models every few years. When it comes to costs, buying and leasing both have their ups and downs. That is why at our Manchester, Connecticut, dealership, we have a team of auto finance experts to help guide you and provide you with all the necessary information so you can make an educated decision. Contact our team directly or continue reading below to learn about the benefits and disadvantages of buying vs. leasing in Manchester, CT, so you can find a car payment plan that works for you.
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Benefits of Leasing vs. Buying from our Manchester, CT Dealership
Benefits | Leasing | Buying |
Ownership | x | |
Lower Down Payment | x | |
Lower Monthly Payment | x | |
No Mileage Limit | x | |
Vehicle Customization | x | |
Easier Trade In | x |
Should you Buy or Lease?
Manchester, CT | Hartford, CT | Springfield, MA
Buying
Buying a new Acura car at Schaller Acura means having complete ownership of your vehicle. You may keep it for as long as you want, sell or trade it at any time, drive an unlimited amount of miles, and you can accessorize and customize your vehicle to your heart's desire. Ownership of your car gives you more control and freedom in how you use it, but it does come at a cost. In comparison to leasing, buying a vehicle often results in higher payments. As for wear and tear, you are completely responsible for any routine service and maintenance costs otherwise covered by lease agreements. And if you ever wish to sell or trade your vehicle for another, you will have to see the process through from start to finish, unlike simply returning a leased vehicle. Stop by our Acura dealership in Manchester, CT, to learn more about the benefits of buying a vehicle today.Â
Leasing
While leasing forgoes any commitment to ownership, it does provide plenty of attractive benefits. When you lease a vehicle from Schaller Acura, you can expect lower monthly payments and up-front costs. With leasing, you can easily return the vehicle at the end of the leasing period and switch to the latest Acura model, so you're free to explore all types of vehicles, from sedans to SUVs. Moreover, the lease agreement can usually cover routine maintenance costs so that you can rest easy knowing repairs are taken care of. In comparison to buying, however, there are some factors to consider. Leasing a vehicle means working hard to keep the car in sellable condition, which can create limits on your driving habits. This also means the number of miles you drive yearly is limited, often from 12,000 to 15,000 miles. Stop by to speak with our Manchester, CT, team today!
Choose the Right Payment Plan for You
At Schaller Acura, we are happy to help navigate your options between buying or leasing a new or used Acura vehicle in Manchester, CT. Our Acura auto experts will provide you with all the resources and estimates beforehand so the auto finance process is as transparent and honest as possible. If you have any further questions about buying or leasing, or if you're interested in applying for financing, valuing your trade-in vehicle, or just have a question about our available models, we're here to help. Call or visit our Acura dealership to get started!
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