Deciding to get a new Nissan is exciting, but the big question is should you buy it or lease it? Buying vs. leasing can be a tough call because they each come with their own pros and cons.
Check Out This Buying vs. Leasing Comparison
The Upside of Buying
Buying means that new Nissan is yours through and through. Each payment you make is a step toward owning it outright. When that loan goes down to zero, the car’s all yours: no more monthly payments. Plus, when you own your Nissan, the sky (or the odometer) is the limit. Drive as much as you want, where you want, without stressing about going over a lease’s mileage cap.
In the long game, buying can be cheaper, too, especially if you’re planning to keep your Nissan for years after paying it off. Once those loan payments are done, the cost of keeping your car should go down.
Drawbacks to Buying a Car
Buying isn’t for everyone. For instance, monthly payments can be higher with purchasing. You’ll also have to deal with your car’s depreciation, and it’s on you to navigate selling or trading it in when you’re ready for something new.
Leasing a Nissan Could Be the Decision for You
Leasing usually means you’re not paying as much each month, since you’re only covering depreciation on the car during the lease, plus some fees. This could mean you get to drive a higher trim Nissan without the substantial price tag. If you love having the latest tech and safety features, leasing is a great way to get a new car often. Every few years, you can hop into the latest model, staying on the cutting edge of what Nissan offers.
Leases can also typically mean not having to worry about big repair bills. If something goes wrong under the warranty, you have coverage. When your lease is up, just bring the car back to the dealer. You can walk away, lease another brand-new Nissan, or if you are confident that you want to keep driving your ride, you might have the option to buy it.
The Downsides of Leasing
Those lower monthly payments are enticing, but you’ve got to keep an eye on the odometer. If you go over the miles beyond your lease’s limit, you could pay extra. Plus, you have to return the car in pretty good shape. Any dents, dings, or spills might mean additional fees.
Are You Going to Lease or Purchase a New Nissan in Rockville, MD?
Both buying and leasing are sound ways to enjoy the Nissan life, each with its own set of benefits. Come down to DARCARS Nissan of Rockville in Rockville, MD and let us help you find the perfect fit for you.
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