Buy vs. Lease

Financial decisions play a key role in your car buying journey. You may find yourself weighing the benefits of buying vs. leasing a new Nissan and wondering which option is right for your finances. 

The team at Legacy Nissan wants to ensure you are aware of all of your options so that you can come to an informed decision regarding your new Nissan. No matter if you decide to buy or lease, we are here to guide you through the process!

Should I Buy or Lease My New Car?

Why Buy a New Nissan? 

When you buy new Nissan models you are responsible for the full price of the car, truck, or SUV. Buying a vehicle requires you to cover the entire value, whether in total upfront or with a downpayment and monthly installations that will include interest.

The return on the financial benefits is increased freedom. Owning a vehicle means you are free to make customizations and modifications as you desire. Additionally, you will build equity throughout your ownership which will benefit you in future purchases. 

Why Lease a New Nissan 

Leasing a new Nissan may be the right option for you if you have less money in your monthly budget. This is also a good option for drivers who are interested in frequently upgrading to the newest model.

When you lease new Nissan models, you are financially responsible for the value of the vehicle's depreciation over time. This results in a lower down payment and monthly payment. Adding an additional financial alleviation, leased vehicles are covered by maintenance warranties. 

When your lease is over, you have the option to return the vehicle, extend the lease, or look for a newer model. 

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Buying and leasing each come with their own benefits. The decision should be made based on your driving habits, financial standings, and overall wants from having a vehicle. Our finance team is here to walk you through all of your options and help you determine the best choice. 

We invite you to stop in to Legacy Nissan conveniently located to serve the London, Corbin, and Barbourville areas. Be sure to check out our finance/lease specials to get the most out of your ownership. With any further questions do not hesitate to contact us online.

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