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Buying vs. Leasing a Dodge

If you’re in the market for a new Dodge, then Glenn E. Thomas Dodge Chrysler Jeep has the perfect selection to match the needs of any driver. Beyond our many options, we also have an expertly trained staff to provide Long Beach and Huntington Beach area Dodge shoppers with the answers to important questions about buying or leasing a Dodge.  We know that this decision can be difficult, so our team has broken down the options to help you make an informed choice that best fits your needs.

Pros of Buying

  • You can alter the vehicle as you see fit
  • You own the car
  • No mileage restrictions
  • You can keep it as long as you want
  • Gain equity

Cons of Buying

  • Requires a larger down payment
  • Typically includes higher monthly payments
  • Less likely to frequently upgrade to a newer vehicle with new technology
  • Can be difficult to sell
  • Interest adds to total price if you stretch the loan

Pros of Leasing

  • Monthly payments are usually less than owning
  • Typically low-to-no down payment
  • Have the chance to drive a new car more often
  • Repairs are usually covered by the warranty
  • Easy to return after lease ends

Cons of Leasing

  • Difficult to find a lease without a good credit score
  • Have to decide if you want to lease or purchase every time you return a lease
  • Can incur fees if you exceed the mileage limit
  • Don’t build equity
  • Need to be cautious about wear and tear to avoid damage fees upon return of the car

 

Whether you want to buy or lease your next Dodge, our finance team is happy to assist you in your decision. Our team has a legacy of helping customers through every difficult choice during the sales process, and that includes working with all of our Long Beach and Huntington Beach area drivers to ensure an optimal Dodge financing experience. Whether you have excellent credit or you could use one of our competitive auto loan or lease rates, they’ll work with you to secure a plan that will make the buying or leasing process easy.

To learn more about the great lease and finance options available at Glenn E. Thomas Dodge Chrysler Jeep, give us a call at (888) 305-6455. We are located in Signal Hills and proudly serve the Long Beach and Huntington Beach areas, so drop in today and see all that our dealership has to offer!

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While great effort is made to ensure the accuracy of the information on this site, errors can occur.
Please verify all pricing information with a customer service representative.
This is easily done by calling us or visiting us at the dealership.