Lease VS Buy

Should You Buy or Lease Your Next Vehicle?

At Gandrud Dodge Chrysler Jeep Ram, we know that buying or leasing a new vehicle is a big decision, and we want you to have complete confidence in your choice. We proudly offer a terrific selection of new Chrysler, Dodge, Jeep and Ram vehicles to choose from in Green Bay, WI, offering a bevy of new trucks, SUVs, cars, and more, making it easy for everyone to find the vehicle of their dreams in one convenient location. Once you figure out which vehicle is the right one, however, the next step is to figure out whether buying or leasing your dream vehicle is the most fitting option for your lifestyle and needs. To help make it easier on you, we're going to highlight some of the benefits that both buying and leasing a new vehicle can offer you, allowing you to contrast benefits and make a decision based on which option fits your lifestyle best!

 
 

Why Buy a New Vehicle?

  • Own Your Vehicle: In most cases, when you buy a vehicle, you're going to get a loan to pay it off. Once you pay off that loan, you own your vehicle and can do with it as you please. This means that you can choose to upgrade or enhance your vehicle with accessories and new parts, can decide when it's time to bring it in for maintenance and can drive it wherever you want.
  • No Mileage Restrictions: When you own your vehicle, you can drive it as many miles as you want. If you tend to drive over 12,000 miles in a year, whether it's around town in Green Bay and Ashwaubenon or further out of state for weekend getaways and business trips, buying a new vehicle is going to be the right option for you.
  • Sell it When You Want: Whether it's a year down the road or ten, when you own your vehicle, you get to decide when it's time to sell it. You can choose to sell your vehicle to a private party or bring it into a dealership and trade it in, giving you greater freedom for what to do with your vehicle.

Why Lease a New Vehicle

  • Drive a New Vehicle More Often: When you lease a vehicle, your lease deal will likely be for 2-3 years, meaning that you can upgrade to a new vehicle every few years and take advantage of the latest upgrades and additions.

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  • Save Money: Because you're only paying for the amount of time that you drive the vehicle, not for the entire price of it, you get to pay a lower monthly payment when you lease a vehicle than if you were going to buy it. This allows you to even choose a nicer vehicle for the same price as buying one that's not as nice.
  • Warranty Coverage: Because your lease period is only a short amount of time, your vehicle will likely be under warranty for the entirety of it, allowing you to save on routine maintenance appointments and drive with complete confidence knowing your vehicle is covered.

Learn More About Buying and Leasing a New Vehicle at Gandrud Dodge Chrysler Jeep in Green Bay, WI Today!

If you're still unsure if buying or leasing your next vehicle is right for you, we invite you to make the short drive from Howard or De Pere to talk to our financing experts about your options and figuring out a plan that works best for you today!

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