Buying vs Leasing a Jeep

Buying vs Leasing a Jeep

Presented by Grogan's Towne CDJR

To buy or to lease, that is the question. Both are fantastic options, but a lot is riding on that decision. When having this debate, some questions to ask yourself are do you need to have a new car every 2-4 years? Will you be putting more miles on your Jeep than the average driver? Would you like to drive your car with no payments in a few years? And do you require a low monthly payment? There are others, which we will go into on this page. Although some of these may seem to have obvious answers, the decision can still be difficult. At Grogan's Towne Chrysler Dodge Jeep Ram, we want to make car-buying as easy as possible, so we want to give you more information on the pros and cons of buying and leasing a Jeep vehicle. Continue reading to learn more! 

Benefits of Buying a Jeep

There are many benefits to buying a Jeep instead of leasing. For one, there is no limit to how many miles you can drive. This means buying is a better option for the drivers who have to drive, say, 20 or more miles to work one way or those who travel for work. When you finance a car, you can also modify it how you want, which, especially with the extensive list of Jeep accessories, is certainly a plus. When you finance a car, you will save money in the long run and eventually drive the car for free when the loan is up. Lastly, you have more flexibility to sell the car when you want a new one, and the car can be traded in to help lower the payment of the new car.

Benefits of Leasing a Jeep

There are many attractive benefits to leasing a Jeep as well. Possibly the most attractive of which is having a lower monthly payment while also putting less money down, or no down payment at all. When you lease, you'll be driving a better car, typically for less money. Another desirable benefit is that maintenance and repairs are covered under the manufacturer's warranty which lasts longer than the typical lease term. When the lease term is over, drivers will not have to hassle with a trade-in. 

Buy or Lease a Jeep at Grogan's Towne CDJR

At Grogan's Towne Chrysler Dodge Jeep Ram, we understand that choosing between buying and leasing adds another layer of decision-making to getting behind the wheel of a new car. When making this decision, be sure to ask yourself the important questions, roughly how many miles do you drive per year? How much money are you able to use for a down payment? How much can you afford to pay each month? If you have more questions about buying vs leasing a Jeep or have already made your decision, come on down to Grogan's Towne CDJR to work with a friendly sales professional who is ready to help you get into the perfect Jeep for you! We look forward to serving you!

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