Is it Better to Buy or Lease a Vehicle in San Diego?

December 17th, 2019 by

Figuring out which car to buy can be a big challenge. With so many to pick from, it’s not easy narrowing it down to just one. But even when you do find the perfect vehicle, you have another big decision on your hands: buy or lease? Both have their positives and negatives, and you should know what they are before making a decision.

 

Why Buy?

Pros

The biggest benefit to buying a vehicle is you get to own a vehicle. And because it’s yours, you can add accessories, paint it, or make other enhancements. You can also put as many miles on it as you want and sell it or trade it in when you like.

Cons

Perhaps the main downside to buying a car is the expense. Even if you will finance the purchase, you will probably need to supply a sizable down payment.

 

Why Lease?

Pros

Many people decide to lease because it’s less expensive than financing a vehicle. This is because you’re not paying for its full value, just its value during the length of your lease. As a result, the down payment and monthly payments are lower. Plus, leasing lets you test different cars. For example, you could start with an INFINITI Q50, and when the lease is up, you can then try something like the INFINITI QX80.

Cons

With a leased car, the dealership owns it, which means you can’t make any alterations like the ones mentioned above. Plus, there are mileage restrictions you’ll need to adhere to or risk having to pay an overage fee.

If you’re still not sure whether leasing or buying is right for you, come talk to an INFINITI dealer at Kearny Mesa INFINITI in San Diego.

Posted in Uncategorized