Buying vs Leasing a Car Pittsburgh PA

Out of the two options we’re discussing today, buying is probably the one you’re the most familiar with. When you buy a vehicle, you make a down payment up front, and then follow that up with monthly payments until the full value of the car is paid off. Once you pay off your car, you can continue to drive it without making payments. This is an attractive options for some customers, especially if you can find a used car at a lower price, or manage your monthly payments to get your car paid off quickly. Purchasing is a great option for those who want their car to feel like a permanent fixture in their lives, or who want the freedom to customize their car with paint options, parts, or accessories. Similarly, if you have small children, pets, or other passengers who might be likely to cause messes in the car, you might feel more comfortable owning your car, and avoiding possible cleaning fees. 

The other option you have when searching for a new car is to lease. When you lease a car, you’ll sign a contract between you and the dealership that defines the terms and conditions of the lease. There, you’ll agree on how long the lease will last. From there, you’ll pay a monthly rate for the duration of the lease, and then have the option to return the vehicle once the lease is over. If you’re considering leasing a vehicle, we’re sure you’re wondering what the benefits are. The major difference is that you won’t actually own the vehicle, and you’ll have a pre-determined date on which you’ll return your vehicle. One of the biggest benefits is that you’ll have the opportunity to try out lots of different vehicles, which is great for those who like to experience all the latest releases! You also have the option to extend your lease, or purchase the car after the lease expires. In that sense, leasing gives you the opportunity to “try out” the vehicle without the commitment of purchasing. 

If you currently have an active lease, you might be wondering what to do once your lease is up. As we mentioned above, you have the option to renew your lease, and continue to drive the same car for another lease term. You can also choose to purchase the car you’d been leasing, which is known as a lease buyout. If you already know you like the leasing process, you can return your car and pick out a new one to lease, giving you the chance to experience something new. This can be a great strategy if you plan to buy a car in the coming years, but you want to try out a few options beforehand. Let’s say that you don’t want to enter into another lease once your current lease is up. At that point, you can start researching options for purchase! You can find both new and used inventory here at Three Rivers CDJR, and our sales team will be happy to help. 

Now that you’ve had the chance to learn more about the benefits of both buying and leasing your next vehicle, it’s time to fill you in on how to find a car of your own! Here at Three Rivers CDJR, we’re proud to serve the entire Pittsburgh area in their automotive needs. You can visit our dealership to check out our wide selection of new and used vehicles, and speak with our friendly and knowledgeable sales staff about setting up a test drive of your favorite options. You can also check out our inventory online to get started on your search from the comfort of your own home. If you have any questions about which vehicle might be best for you, or any other questions about the leasing process, we’ll be happy to help! Get in touch with us today at Three Rivers CDJR!