Buy vs. Lease
If you’re in the market for a brand new Nissan, but you’re unsure of how to pay for it, our Nissan dealership in Minot is here to assist. Not only is our excellent finance team capable of helping you navigate your car buying journey, but our dealership is here to provide you with the pros and cons of buying and leasing so you can find out which option is better for you.
Should I Buy or Lease a Car?
Why Buy a New Nissan
When you buy a brand new Nissan, you’re paying to eventually own the car or SUV. After you make the final payment on a loan, that Nissan is officially yours. Whether you’re looking to customize your ride or simply want the satisfaction of making that final payment, buying is a great route to take.
If you opt to buy instead of lease, you won’t have to worry about exceeding mileage limits, and you can also sell your vehicle if you feel like it’s time to move on. However, payments towards ownership are typically higher compared to lease payments, and the vehicle depreciates at a higher rate the more you use it. Any services or repairs required following the expiration of any warranties are also your responsibility.
Why Lease a New Nissan
Do you find yourself wanting to try out different vehicles in the Nissan lineup? If so, leasing may be the right choice. Once a lease ends, you can move onto an updated model year of the vehicle you’ve been driving or try out an entirely new model altogether.
While the dealership owns the vehicle you drive, this relieves you of certain responsibilities, as routine maintenance and services are covered. On the other hand, leasing subjects you to restrictions like mileage limits and potential fees due to excessive wear.
Buy or Lease Your New Nissan at Our Dealership in Minot, ND
If you’re interested in buying or leasing a brand new Nissan, you can try the vehicle out for yourself by scheduling a test drive with us at our Nissan dealership in Minot. If you have any questions about buying, leasing or any vehicles available in our new inventory, be sure to contact us online at Ryan Nissan.