Buy vs Lease in Ozark, AL
Buy vs Lease in Ozark, AL
Here at Gilland Ford, you’ll have multiple ways in which you can agree to take home a set of wheels. While making a purchase is one top-notch choice, you can also lease your automobile. Contact us to learn more.
Lease
If you’re interested in a short-term deal, leasing is most definitely the way to go. Through this method, you’ll pay off the cost of your vehicle in an approximate two- to four-year time period while being able to drive your model and take advantage of features just as an automobile owner would. Plus, the fact that your only making payments based on how much your vehicle is expected to depreciate means you’ll save money compared to what you’d pay when leasing over the same given time period. Thanks to a mileage limit, you won’t be as tempted to take your vehicle beyond a certain distance. Furthermore, mechanical concerns can be largely nullified due to an expected depreciation value being incorporated.
Buy
When looking to simply purchase another vehicle, there are a few points worth keeping in mind. First, you’ll be able to hold onto your set of wheels for a longer time period, typically from four to seven years. Thus, if you know your buying an SUV for the whole family or a pickup truck that can be continually used at the work site, a purchase is right up your alley. Plus, without any mileage restrictions, you can take a vehicle you’ve just bought as far as you’d like. When taking advantage of this transaction, the sticker price will be paid off during the given time period. If you’d like assistance, consider completing our Finance Application to be approved for a loan.
Financial Tools
In several ways, reliable financial resources can be utilized for your benefit. The Payment Calculator can be largely benefit for two primary reasons. First, you can estimate your monthly amount due on a vehicle you’re already interested in. Thus, you’ll know if the choice you currently have in mind fits within your price range. Alternatively, the buying power can be determined. This results in you identifying approximately how much you’re able to spend, thus keeping you informed during the shopping process. And, if you want to learn more about your current monetary situation, be sure to complete the Credit Score Estimator at your earliest convenience.
When trying to decide whether to buy vs lease in Ozark, AL, you can look forward to your experience at Gilland Ford. We have plenty of resources available for assistance. Stop by during open hours as soon as today!
