Buying vs. Leasing Your Next Vehicle in Roanoke, VA

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Before you decide to buy or lease your next Jaguar in Roanoke, VA, Jaguar of Roanoke would like to ensure that you have the necessary tools to make an informed decision. We have gathered pertinent information to help you decipher the key differences between leasing and buying, so you can better determine which is the best option for you

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Jaguar of Roanoke�� ��� ��� �Jaguar of Roanoke�� ��� ��� �
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Benefits of Leasing a Car

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By leasing a new vehicle, many shoppers are able to get more car for less money. The car's monthly payments are generally lower because you're only paying for the future depreciation of that vehicle, and not the actual sales price. Leasing protects the consumer from excessive depreciation if the market value of a car drops due to unforeseen circumstances. Conversely, if the lease car holds its value well, the consumer can buy the car at a bargain price, and either keep it or resell it. In addition to possibly saving money, two of the greatest benefits of leasing a vehicle is freedom and flexibility. When leasing, you have the freedom to drive a new Jaguar every few years without the hassle of selling or trading your vehicle. A lessee can enjoy a new car that has the latest safety, technology and comfort features more often than a buyer! Many leases last about three years, allowing you to make affordable payments with shorter terms. Also, if you have a small down payment, then leasing may be better for you. Leases typically require little or no down payment up front, and if they do require a down payment, it's usually negotiable. Remember that if you put as little down as possible for a down payment, your monthly lease payments will likely be slightly higher. If you enjoy having the newest high-tech features, leasing could be for you! Since you'd be leasing every few years, you can always keep the latest model in your driveway!�� ��� ��� ��� ��� �

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Leasing offers affordable payments with shorter terms. This lets you:

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  • get closer to your desired trade cycle.
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  • consider vehicles that have more options.
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  • have peace of mind, as most leased vehicles are under warranty for the duration of the lease. �� �
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  • lease in three-year cycles so you are always under the manufacturer's bumper-to-bumper warranty
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At the end of the lease (typically 2 to 4 years), you normally have four options:

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  • Return the vehicle
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  • Trade or sell the vehicle
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  • Purchase the vehicle �� �
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  • Arrange for a third party to purchase it
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Benefits of Buying a Car

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It's difficult to put a price tag on the value of ownership. If you are looking to keep your vehicle for the vehicle. As you continue to make loan payments, you're gaining equity in the vehicle. One of the biggest benefits that buying has over leasing is that there are no m a long time, then buying is the better option for you. When you buy, you own the car if you pay in full or once the loan is paid off. When buying a vehicle, you can purchase with cash or choose to finance. Until the loan is paid off, the lender ownsileage restrictions, as there are with leasing. Leasing limits a person to only 10,000 to 12,000 miles per year. After that, each mile typically costs 15 cents. If you have a long commute or do a lot of driving in general, buying is most likely a better option for you. Further more, when you own a vehicle you, can modify it exactly as you want without fear that you will break the terms of your lease. Excess wear and tear is not a concern for the car buyer. When you own a vehicle, you can sell the car when you want, not when the lease is up.

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At the end of the finance term (typically 4 to 6 years), you have two options:

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  • Keep the vehicle
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  • Trade �� �or sell the vehicle
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Jaguar of Roanoke�� ��� ��� �

For the best results when financing, whether you're looking to buy or lease, we recommend you acquire the most reliable, affordable and competitive rates possible, like what we offer here at Jaguar of Roanoke. Drop by Jaguar of Roanoke at 5000 Franklin Rd, Roanoke, VA 24014 to discuss your financing options further or test-drive your dream car. We look forward to seeing our customers from Roanoke, VA, and throughout Christiansburg, Blacksburg, West Virginia and Charlottesville!