Baker City Auto Ranch: Helping You Decide Between Buying or Leasing Your Next Vehicle

One of the more common things our finance professionals do at our dealership is help folks decide whether they would be best served by getting a traditional auto loan or jumping into the waters of leasing. There is a lot misinformation and misconceptions about the buying vs leasing debate and one of the services our finance team provides is to help clarify what is truth and what is fiction. Baker City Auto Ranch, located at 2514 10th Street in Baker City, OR, has a finance staff that knows the ins and outs of auto finance. We can help look at your specific situation and help you determine which choice suits you best.

The Perks of Leasing

Most folks who lease tend to be customers who drive fewer than 15,000 miles a year and like the idea of having a new car every two to four years. There are times when a lease works for a higher mileage driver, so feel free to explore the option with one of our finance professionals. Those who lease their new care will enjoy benefits like a lower monthly payment than you could get if you bought the same vehicle. This is achieved because you are only paying for the part of the car, truck, SUV, or minivan you are using. Lessees also get the benefit of being in a new vehicle every two to four years with the latest features and technology. They also never have to worry about trading or selling the leased vehicle at the end of the lease agreement.

The Perks of Buying

There are some customers who prefer the benefits of buying their vehicle. While it is true that the monthly payment of an auto loan is higher than it would be for a lease of the same vehicle, the auto loan will eventually be paid in full and the payment will end. Buyers also enjoy the fact that they have equity in their vehicle when it is paid in full that they can use toward a different vehicle. They also don’t have to worry about mileage restrictions or getting dinged for damages to their car, truck, SUV, or minivan.

Learn More

Deciding to buy or lease your next automobile is a big decision and the finance team at Baker City Auto Ranch, in Baker City, OR, can help. Contact a finance professional today and get all your auto finance questions answered.

Categories: Finance, Social, New Inventory
; ;