Buy vs Lease

LEASING
You pay to use the vehicle during the term of the lease and must return it at lease end unless you choose to purchase the vehicle.

FINANCING
You own the vehicle free and clear after your financial obligations are met. It will be yours to keep or trade-in on your next vehicle.

LEASING
Monthly lease payments are usually lower than similar term monthly finance payments because you are paying for the portion of the vehicle's value used during the lease term.

FINANCING
Monthly loan payments are usually higher than similar term monthly lease payments because you pay for the entire purchase price of the vehicle. Each payment helps build vehicle equity toward future trade-in.

LEASING
Customize your vehicle through your dealer at time of purchase with approved accessories.

FINANCING
Customize your vehicle at any time.

LEASING
You have a variety of mileage options to choose from at lease inception to meet your driving needs. You are responsible for any excess mileage charges unless you choose to purchase the vehicle.

FINANCING
You may drive as many miles as you want. Higher mileage will lower the vehicle's trade-in or resale value.

LEASING
A normal amount of wear and use is covered. You are responsible for wear and use in excess of normal limits unless you choose to purchase the vehicle.

FINANCING
There are no charges for vehicle wear and use. Excessive wear will lower the vehicle's trade-in or resale value.

LEASING
At the end of the lease, you have the flexibility to either purchase your leased vehicle at a predetermined price or return it.

FINANCING
At the end of the loan, you own the vehicle. It is yours to keep or trade-in on your next vehicle.