With 2020 finally here, the prospect of a new ride is likely an exciting one. But you may be wondering whether buying or leasing is right for you. At our finance center, our goal is to help you pick the right plan for your lifestyle and budget needs. Which is why we may suggest that buying your new car, truck or SUV may be the right decision. Here are our top four reasons:
Top Four Reasons to Consider Buying Your Next Car
- Eventual Ownership:
Perhaps the top reason to consider buying your next vehicle is eventual ownership. When you lease a car, you are paying for the depreciation, not ownership. By purchasing a car, you’ll know that you’ll be getting a vehicle that’s in your name. - No Mileage Limits:
If you’re shopping for your next automotive purchase, you’re likely someone who enjoys time behind the wheel. Leasing comes with mileage limits, when you buy, you won’t have to worry about that. - Customization:
By leasing a vehicle, you will be forfeiting the number of customizations that you can make. Buying means that you can ensure your vehicle is a reflection of your personality. - Excessive Wear & Tear:
Wear and tear make cause you to incur charges on your lease. By opting to buy, you won’t have to worry about potential fees.