Buying vs Leasing a Nissan
Buying vs Leasing a Nissan
Brought to You by Fred Martin Nissan
Out of all of the vehicle brands on the market, you have chosen to drive home a Nissan model from Fred Martin Nissan! This is an incredibly exciting decision and we are so glad that you chose our dealership. No matter what Nissan model you choose, whether it is the Murano or the Altima, you now need to decide whether you will be buying or leasing it. Both of these financing options are great for different reasons and work for different lifestyles. If you choose to buy, once you pay off the lease, the Nissan vehicle is totally yours and you may do whatever you want with it. Plus, you can customize it to meet all your needs! If you go the leasing route, you will typically have a lower monthly payment and drive a new vehicle every 2-3 years. Continue reading the rest of our analysis of buying vs leasing below to find out which one works best for your lifestyle!
The Benefits of Buying a Nissan
We briefly covered what the benefits of buying a Nissan model are but we are digging deeper to help you fully understand. When you make a payment each month, you are paying towards the whole value of the Nissan model and when you pay off your loan, the vehicle will be yours. This means that you can do whatever you want with it! You could give it to your child or maybe another family member, trade it in for a newer model, or simply sell it. You also have the freedom to customize your Nissan model to meet all your needs! Interested in an upgraded stereo system or maybe an exterior paint job? Those are only things that you can do to a vehicle you have bought not leased. Buying a vehicle also lets you drive however many miles you want as there is no mileage limit!
The Benefits of Leasing a Nissan
We also covered some of the pros of leasing a Nissan vehicle but we are breaking down even further why it could be such a great option for you. We explained that your monthly payments will generally be lower when leasing a Nissan vehicle. This is because you are only paying off the Nissan vehicle’s depreciation during the leasing period rather than the entire worth of the vehicle. The warranty coverage is also a great pro of leasing. The factory warranty typically runs for the entity of your leasing period which means that all you have to take care of is routine maintenance. The most popular pro of leasing is the ability to drive a new Nissan vehicle at the end of your leasing period, which happens every 2-4 years. What is better than driving around with the latest tech and capabilities?
Financing Your Nissan Vehicle With Fred Martin Nissan
Now that you have read more about the differences between buying and leasing a Nissan vehicle, do you know which financing option works best for your lifestyle? No matter which one you choose, or if you are not sure which one works best for you, our finance department can help you out! We want to make the financing process stress-free for you and that is why we offer a secure finance application here on our website. You can fill it out and once you submit it, our finance team will go over it and reach out to you with next steps. Check out all the great Nissan models we have in stock with our new model inventory page. We look forward to working with you soon!