SHOULD YOU BUY OR LEASE A MITSUBISHI? – CHESAPEAKE VA
Not sure if you should lease or buy a Mitsubishi in Chesapeake VA? Let’s take a look at the main differences between the two.
Ownership is one of the main benefits of making a purchase; once the loan is paid off the car is entirely yours. Monthly payments are typically higher compared to a lease. You can also make any modifications to the car as you would like.
Cars have to be returned at the end of a lease term. Associated fees may include a down payment and taxes. One of the main advantages of leasing an auto is that payments are generally much more affordable compared to financing. The down payment is negotiable and may be lower compared to a down payment to purchase.
There may be termination fees involved if you would like to discontinue the lease before the lease period ends. Individuals who like to change cars every few years may find leasing more favorable than buying. Leasing may be a good choice if you enjoy changing your vehicle every few years.
Contact our associates today if you are interested in buying or leasing a Mitsubishi near Chesapeake VA.