Decided to purchase a vehicle but not sure whether buying or leasing is the best option? The choice between the two can definitely be a difficult one. Each has differing advantages and disadvantages depending on your financial needs and driving habits. Read below and see which type of buyer you may be. Â
More likely to buy -Â
If you drive a lot - When you lease a car, you are typically capped at 15,000 miles a year. Additional mileage can cost you up to 35 cents per mile depending on make and that can really add up.
If you like to personalize your car - this investment can be lost, or even cost you, on a leased car.
If you like the idea of ownership - you are less likely to be happy with the lease option as you don't actually own the vehicle or have a title for it.
If you like paying your vehicle off - If you like the feeling of accomplishment that paying off a large purchase brings. When you lease a car, the payment ends only when you return the car.
If you don't mind doing your own repairs - if you don't mind doing your own car repairs, you probably don't mind driving a car after the warranty expires either.
More likely to lease -Â
If you don't drive a lot - Lease arrangements usually involve a 15,000 miles-per-year cap, and may go all the way down to a 10,000 mile cap, and charge for extra miles. If you drive very little, you may be a good candidate for a lease.
If you like that new car smell - When you negotiate a 24 or 36-month lease, you can be sure you'll always be driving a new vehicle.
If you like to stay under warranty - Although you need to maintain and repair your leased vehicle just as you would an owned vehicle, because you typically lease for 2 to 3 years, the car is normally under warranty.
If you like lower monthly payments - If you don't mind not owning the car, you are free to enjoy the benefits of leasing like low monthly payments and a low down payment.
If you'd like a more expensive vehicle - leasing provides a way to drive a nicer vehicle than might otherwise be within your budget.
Contact
West Herr Lincoln
2601 Millersport Hwy
Getzville, NY 14068
- Sales: 716-342-3155
- Service: 716-688-5464
- Parts: 716-688-9606
Showroom Hours
- Monday 9am-7pm
- Tuesday 9am-7pm
- Wednesday 9am-6pm
- Thursday 9am-7pm
- Friday 9am-6pm
- Saturday 9am-5pm
- Sunday Closed
Dealership Hours
- Monday 9am-7pm
- Tuesday 9am-7pm
- Wednesday 9am-6pm
- Thursday 9am-7pm
- Friday 9am-6pm
- Saturday 9am-5pm
- Sunday Closed
Parts Dept. Hours
- Monday Closed (Labor Day)
- Tuesday 7:00 AM – 9:00 PM
- Wednesday 7:00 AM – 9:00 PM
- Thursday 7:00 AM – 9:00 PM
- Friday 7:00 AM – 9:00 PM
- Saturday 7:00 AM - 6:00 PM
- Sunday Closed
Service Dept. Hours
- Monday 7am-8pm
- Tuesday 7am-8pm
- Wednesday 7am-7pm
- Thursday 7am-8pm
- Friday 7am-7pm
- Saturday 7am-5pm
- Sunday Closed