Should I Buy Or Lease a Car?

little dice that say buying and leasing

If you reside in Salina, Newton, or Hutchinson, you can easily research leasing vs. buying approaches for Buick, GMC, Honda, Nissan, Ford, Chevy, Chrysler, Dodge, Jeep, RAM, and Toyota with Conklin Automotive Group. Each option yields auto shoppers substantial benefits. Keep reading to explore the best approach for you based on your unique profile, budget, and expectations.

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Understand Auto Leasing Vs. Buying with Conklin Automotive Group

Whether leasing or buying benefits you more is a question for our expert Conklin Finance team. However, the following outline of leasing vs. buying benefits below is a great place to start before coming in for your finance appointment.

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Auto Leasing Benefits

  • Monthly lease payments are typically lower than monthly loan payments
  • Leasing a vehicle provides you with the chance to transition from cars more frequently and for less money
  • At the end of your lease, you’ll have the option to start a new agreement or purchase your vehicle
  • Depending on your lease term, you’ll likely be covered by a safeguarding OEM manufacturer warranty for the duration of your lease

Auto Buying Benefits

  • Upon purchasing in full or paying off your car’s loan, the vehicle is yours to keep
  • There’s no penalty for exceeding mileage limits, as is the case with a lease agreement
  • You can drive an unlimited amount of miles each year
  • You can modify your vehicle in any way you’d like
  • You can capitalize on the benefits of selling your vehicle privately, selling it to us, or later trading it in to purchase a new or certified pre-owned vehicle

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Learn More About Car Buying Vs. Leasing Near Wichita, KS

Don’t hesitate to reach out to our Finance teams online at any one of our multiple conveniently located new and used car dealerships in Salina, Newton, and Hutchinson. Conklin Automotive Group is proud and passionate about supporting all auto shoppers near Wichita, KS–so don’t hesitate to visit us today!