Wantagh Mitsubishi – BUY VS LEASE – The Benefits of Each Option Here at Wantagh Mitsubishi
The Benefits of Buying and Leasing Your Next Vehicle at Wantagh Mitsubishi
After you’ve perused our selection of new Mitsubishi models in Wantagh, NY and decided which one you’re ready to take home, the next step is to decide whether you’d like to lease or buy it. If you’re not completely sure which would be best for you, fear not; we here at Wantagh Mitsubishi have the details you need so you can decide which option is best for your driving lifestyle around Smithtown and Hempstead NY. Let’s take a look at the benefits of both, sure to give you the confidence you need on your automotive ventures.
The Benefits of Leasing Your Mitsubishi Model
If you’re always on the lookout for the latest and greatest vehicles packed with modern technologies and safety features, then leasing your vehicle might be the best bet. As leases only last a few years, you’ll be free to move on to a newer vehicle at the end of your leasing period, sure to keep you in the seat of new luxuries cutting-edge technologies as the years go by. As long as you stay within the pre-determined mileage limits and keep it well-maintained on your own, then a leased vehicle has some pretty serious advantages.
- You only pay what the vehicle is estimated to be worth at the end of the lease, which is often a small portion of the brand-new price.
- Leased vehicles are typically covered under warranty for repairs
- You have several choices on what to do at the end of your lease:
- Purchase the vehicle for the remaining cost
- Extend your current lease
- Start a new lease on a different vehicle
- Return the vehicle and leave with no further responsibilities
The Benefits of Buying Your Mitsubishi Vehicle
Choosing to purchase your vehicle has a lot of benefits as well! If you’re the type of driver that prefers to have the same vehicle for many years, and you’re capable of keeping it repaired and maintained on your own, then a purchased vehicle could be your best option. Some of the benefits of obtaining a traditional loan to finance your new vehicle are:
- No mileage restrictions
- You can customize and alter your vehicle as much as you’d like, as long as it’s road-legal
- You never have to return it
- You can sell your vehicle whenever you want
There’s more to learn about leasing and buying your next vehicle, so come out to see us here at our finance center, serving the Massapequa and greater Long Island areas, and we’ll give you all the details in person. We hope to see you soon and get you on the path to a better driving experience, no matter what you decide!