Buy vs Lease near Glen Mills, PA
When it comes to getting behind the wheel of your favorite vehicle, you’ll have a couple of routes available to you. The most popular method is of course financing, but leasing is another method of acquiring a vehicle that comes with its own advantages. If you’re unsure which is the best option for you, we’re here to help at .
To put it simply, financing is most beneficial to folks who have the funds and want to own their chosen ride at the end of the contract. It essentially just takes the total retail price of a vehicle and breaks it up into more manageable monthly payments. Terms typically last between four to six years, but can change depending on your down payment, what you can afford to pay month-to-month, and the overall cost of your set of wheels. If this sounds like the plan for you, contact us at 302-322-8600. By working one-on-one with you, we’ll be able to give you a better sense of what you can afford and how long the loan will last.
On the other end, leasing is great for individuals who prefer driving around in the latest-and-greatest vehicles and don’t want to pay an arm and a leg to do so. That being said, if you want to own your ride at the end of the contract, you’ll want to stick with financing because leasing is more closely related to borrowing for a predetermined number of miles and years. The benefit of this is that you will just be covering your chosen ride’s depreciation value while it’s in your care. On top of that, contracts usually only last between two to four years, so you can trade out to a more modern vehicle far more quickly than if you were to finance. To get a better sense of what a lease will cost you, visit our and speak with a member of our team.
If you’re still unsure whether buying or leasing is the right option for you, we recommend you use our Payment Calculator under the Financing tab of our website. This tool is designed to give you a better sense of your buying power and the estimated monthly cost of the vehicle you’re interested in, so it’s a good place to start when deciding what avenue to take. If the monthly expense is within your comfort zone, consider financing. If not or you prefer a smaller commitment, consider leasing. If you still can’t decide, feel free to stop into our dealership to see what we recommend.
If you need help deciding whether to buy vs lease near Glen Mills, PA, stop into Price Toyota and meet with our team. We are open , so stop by when it’s convenient for you. See you soon!
|Monday||9:00 am - 8:00 pm|
|Tuesday||9:00 am - 8:00 pm|
|Wednesday||9:00 am - 8:00 pm|
|Thursday||9:00 am - 8:00 pm|
|Friday||9:00 am - 8:00 pm|
|Saturday||9:00 am - 5:00 pm|
|Sunday||11:00 am - 4:00 pm|