So which is right for you? When it comes to leasing vs buying a car, each has its advantages. Whether you’re looking to change models regularly to keep up with advances in technology, for which shorter lease terms are convenient, or build equity and own your vehicle outright, Chrysler Capital’s infographic provides a quick and easy starting point to help you decide which auto finance option can best fit your situation.
3. drive new vehicles
you get to
for less monthly payment
How? When you lease a vehicle, you ONLY PAY
FOR THE AMOUNT the vehicle depreciates,
plus any taxes and fees, during
the duration of the lease.
LEASE
There’s a feeling of accomplishment that goes with paying off
a vehicle and NOT HAVING A CAR PAYMENT. Even if it only lasts
for a few months and you decide to trade for something new…
it feels good.
When you make the final payment, you receive the title and the
VEHICLE IS YOURS free and clear.
BUY
4. up-to-date
technology
new vehicles have the most
Advances in technology are much
faster than the average vehicle
loan. Leases allow you
to SELECT A SHORTER
TERM to better keep
up with the latest trends.
including the latest safety features
LEASE
MILEAGE LIMITS
Drive as much or as little as you please.
IT’S YOUR VEHICLE.
NO
BUY
5. worry-free Driving
leasing allows you the advantage of
Most lease terms are shorter than that of the
bumper-to-bumper manufacturer’s warranty,
therefore ensuring minimal repair bills.
And, in many cases, GAP COVERAGE IS
INCLUDED IN THE LEASE, giving you
additional peace-of-mind.
LEASE
Prefer a set of flashy rims? Or maybe you want a different
stereo system? It’s your vehicle. You are free to customize it
to YOUR OWN PERSONAL TASTE.
customize the vehicle
you can
as you wish.
BUY