Buy vs Lease near Ypsilanti, MI
The act of finding the right car to drive can be a ton of work in itself. Having to choose between leasing and financing can easily start to feel like too much, especially if you’re new to the process. There’s so much to learn about each option and you quickly think that you're in over your head. at Dunning Toyota would like to prevent this by helping you to choose which option would be best for you. Feel free to read on and learn a bit more, or to contact us for a one-on-one consultation with one of our expert finance specialists!
We’ll begin with financing—the most common way people choose to acquire their vehicles. This option involves taking the total sticker price of the model you want and breaking it down into monthly payments. You’ll pay a bit off each month for a number of years before finally permanently owning it. This is perfect if you actually want to keep a vehicle for a long time and are willing to pay the full sticker price in order to have what you want. Financing treats vehicles as investments, so years down the line you could sell your model and even make a profit off of it. If you think you’d like to begin financing, you can on our website.
Leasing, on the other hand, is for those who don’t want to permanently own a particular ride. You never will own the model you lease, but instead enjoy far less expensive monthly payments. When you choose to lease, you’ll decide on a duration to keep the vehicle you want as well as how many miles you’ll drive it each year. Once you’ve decided this, you’ll have to make monthly payments each and every month that are based upon its estimated depreciation, so you know that you’ll be paying less than if you chose to finance. Once your contract expires, rather than owning your model, you’ll be able to return it to the dealership and upgrade to a newer, more current set of wheels.
Once you’ve decided whether you’d like to buy or lease, you can relax and start to seriously look for the vehicle that’s perfect for you. We make this simple with the help of our superb search functionality on our website. Whether you’re looking for a pre-owned or new model, you’ll quickly find yourself on a results page with a large number of filters on the left-hand side of the screen. With these, you can easily input all of your specifications, so that you’ll only see results that have all the features you want. You could find the perfect option for you in a matter of minutes!
We hope that we’ve been able to help you decide whether to buy vs lease near Ypsilanti, MI. If you feel you’re making steps in the right direction, then we’d encourage you to visit Dunning Toyota soon during our convenient business . We’re open six days a week, so we hope to always have a moment to see you.