Friendly Chrysler Dodge Jeep Ram of Geneva
Leasing is a great way for you to hop right into the latest model of the vehicle you’re after and ensure you’re getting top-of-the-line technology, comfort, and more. Plus, who doesn’t enjoy experiencing that new-car smell every couple years?
You might be wondering why we said “every couple years.” That’s because a lease is essentially an agreement between you and the dealership to borrow the car you’re going to drive for a few years with the expectation being that it’ll be returned once the lease expires. However, a major benefit to leasing is that you can buy the car out of the lease at any time!
As always, you can return it once your agreement ends and jump into your next set of wheels right away! Additionally, leasing, in many cases, can be cheaper up front than buying because you likely won’t have to shell out as large of a down payment.
If you decide you want to buy your car, it can be a more straightforward process. You can acquire a loan from tons of different banks, credit unions, or other establishments. Our dealership offers loans as well, as our finance team has working relationships with many different lenders. Usually, buying a car with a loan means that you’re entering a longer-term commitment than you would with a lease.
Despite that, buying is advantageous to those who know right away that the car they’re acquiring is going to lead them into the future. Once you complete making payments, the car is yours and yours alone, meaning you can sell it or customize it any way you want.
Buying a car also means that you won’t be held to a mileage limit like you would with a lease, so you can drive freely.
At our dealership, the finance experts at our finance center are here to guide you through the leasing and buying processes. They’ll learn about your situation and your needs and help you build a custom payment plan.
There are also several helpful tools on our website you can use to get ahead of the game, such as: the Value Your Trade tool, which will show you what your current car is worth; an online finance application that can save you time at the dealer; and, the Payment Calculator, which will estimate your monthly vehicle payment.
