Leasing and Financing: The Stone Chrysler Dodge Jeep Ram Team Offers Advice and Options
Deciding whether to buy or lease your next vehicle is a tough decision. But the decision doesn't have to be so daunting. Helping you weigh the pros and cons is what we do. Our Middlebury, VT finance team has advice and options for every credit type, budget, and lifestyle.
Buying a vehicle from our new inventory often entails higher monthly costs, but the vehicle that you buy eventually becomes your asset. On the other hand, leasing a vehicle gives you access to a late-model vehicle that you can drive around Rutland, VT, for a few years. Monthly payments are often lower than car payments, and lease vehicles are a cinch to return.
Leasing a Vehicle
Leasing Offers
Leasing is very similar to renting. You make a monthly payment to drive a particular vehicle for a set term. Leases are late-model vehicles boasting the latest high-end features, such as active driver assist features.
Average terms of 12 to 36 months keep monthly payments lower. Lease deals and incentives can knock even more dollars off your monthly payments. When your lease term ends, you simply return the vehicle to an authorized dealership like ours.
More Benefits of Leasing
Lease payments and ownership costs are predictable and reliable. Typically, there are no expensive repair costs under the lease vehicle's warranty. Some lease deals include free oil changes and some scheduled maintenance.
Leasing is economical, allowing you to drive a more expensive model/trim than you might be able to purchase. Leasing eliminates worries about fluctuations in the vehicle's value or your ability to sell it down the line. Leasing might also provide tax advantages for business owners.
Buying a Vehicle
Explore Financing Offers Near Middlebury, VT
Financing a car is a simple process. You get a loan from a lender, and you make monthly payments over the life of the loan. Monthly payments cover your loan's interest and its principal.
As you complete payments, you build equity. Since you're working toward owning your vehicle outright, you have the right to customize its build. Select your favorite trim, features, and packages.
More Benefits of Buying
When you get a loan to buy a car, you're never charged for mileage or wear and tear. Loan terms range from 24 to 96 months, so there's tremendous flexibility. You can tweak your lender's loan terms, refinance the loan, and negotiate lower rates as you make consistent, on-time payments. Both lease and loan payments get reported to credit bureaus, so consistent, on-time payments have positive outcomes in both scenarios.
The Difference That Our Team Makes
We've been in the auto financing business for a combined total of decades. Our team enjoys healthy relationships with a vast community of local lenders. We can help you crunch numbers, consider all your options, and lock in the most competitive financing.
Plus, we can help you value and apply a trade-in and take advantage of our year-round sales specials and incentives. Specials and incentives can lower your out-of-door costs, helping you save money.
When to Buy vs. When to Lease
Your finances and lifestyle are important in determining when to buy vs. when to lease. Consider buying if you can afford a monthly car payment and need a daily driver or a work vehicle long-term. If you prefer a lower monthly payment, work from home, or find yourself working/living somewhere temporarily, a lease is just the solution.
Our year-round loan and lease specials change often, sometimes monthly, so check back often. If you haven't already, visit Stone Chrysler Dodge Jeep Ram and test drive our new and pre-owned inventory. We hope to see you soon.
How can we help?
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Stone Chrysler Dodge Jeep Ram
2149 Route 7 S
Middlebury, VT 05753-8812
- Sales: 802-565-1555
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