Buy vs. Lease

Contact

Blackburn Chrysler Dodge Jeep Ram

2135 N Frontage Rd
Directions Vicksburg, MS 39180

  • Sales: (888) 553-2913
  • Service: (888) 378-1844
  • Parts: (888) 506-9184

Hours

  • Monday 8:00am-6:00pm
  • Tuesday 8:00am-6:00pm
  • Wednesday 8:00am-6:00pm
  • Thursday 8:00am-6:00pm
  • Friday 8:00am-6:00pm
  • Saturday 9:00am-5:00pm
  • Sunday Closed
 

While some people might claim that either buying or leasing a new vehicle is empirically the only way to go, we at Blackburn Motors have a more nuanced response. We think that there are benefits to both buying and leasing, and it really depends on your situation as the customer on which path would be best for you. Let's take a look at some of the pros and cons of both leasing and buying a vehicle. Hopefully afterwards, you'll have a better idea which path is right for you.

If you decide to lease a car, you'll only have to pay for that car for a few years-however long the term of your lease is. This comes with many benefits. Most obviously, you won't be paying for the same car for many years down the road, even after it has dipped far below its original value. You'll also probably be paying less in financing fees than you would be with a new car. Finally, you'll get to turn your car in for a brand-new model every couple of years. It's like your own personal Christmas!

However, if you're not someone who likes to upgrade for a new car every year, you might be better off going ahead and buying your new vehicle. When you buy instead of leasing, you're basically making a long-term commitment to a vehicle that will hopefully be reliable and affordable for many years to come. Once you pay off your note, you'll never have a car payment for that vehicle again-a freedom leasing never provides. Plus, buying a car comes with none of the mileage restrictions that often are tacked onto leasing agreements. If you do lots of driving, buying is probably your best option.

Hopefully this comparison gives you some more insight into the complicated question of leasing versus buying your new vehicle. Come see us at Blackburn Motors to learn more about these different options and which one might be right for you. Visit our dealership serving Jackson and Yazoo City to learn more about the buying and leasing options. We have a great selection of new Chrysler, Dodge, Jeep, and Ram vehicles for you to come and take a look at!