Monthly lease payments are usually less than monthly loan payments from financing because lessees are only responsible for the use of the vehicle, not the entire vehicle. Frequently, you can lease an Nissan with little or no money down, so you also save in out of pocket expense there.
If you like to upgrade your car to the latest model often, leasing is for you. Having the latest technology or safety (or styles or trends) may be a non-negotiable to you- and if that's the case, a lease on a car is probably for you.
When you lease, you have more options available at lease-end. You can choose to lease another Nissan, or purchase the one you've been leasing at a far lower, no hassle pre-determined price. Wanting to make a change? You also can enjoy flexibility to turn it in and walk away at lease-end. Without the hassle of selling or trading in your old car (often times for less than you owe), you can experience a simple process that allows you to drive a new car every few years.
Frequently, people lease for the length of time that the manufacturer's warranty is still valid. If any repairs are needed during that time, they are usually covered by the warranty. Nissan has a variety of great warranties.
Have the freedom to alter your mind every few years, often with lower monthly payments than a loan. Visit us for the best lease rates in Greensboro, Durham, Fayetteville, Raleigh, Winston-Salem and North Carolina.
Leases and car loans are just two different methods of automobile financing. One finances the use of a car, and the other finances the purchase of a vehicle. There are benefits and drawbacks to both. Whether one or the other is more beneficial to you depends entirely on your own situation and preference.
At the end of your car loan, you own it without further payments. You can love your Nissan for as long as you want!
Drive an unlimited amount of miles without penalties- if you usually drive your car more than 12,000 - 15,000 miles per year this choice is better for you.
If you'd rather customize, modify, or repaint, then buying a Nissan is your best option.
Do you get emotionally attached to your vehicles? You might enjoy a purchase to avoid the separation anxiety.
When you buy, you keep the benefit of trade-in or resale value. However, since a vehicle is a depreciating asset, you may find yourself a bit upside down if you decide to trade unless your loan has been fully paid off by that point.