Buying vs Leasing
Buying vs Leasing: An Overview on How to Decide
Trying to decide whether or not you should lease or buy your new vehicle? Don’t worry--we can help walk you through the factors that need to be considered before you make your choice. If you’re thinking of buying or leasing a Nissan model in Winter Haven, FL, Hill Nissan has the inventory to help you find the car, SUV, or truck you’ve always wanted!
Benefits of Leasing a Vehicle
If you aren’t familiar with the leasing process, you might be wondering about the benefits that come with a borrowed vehicle. The most appealing attraction of a leased vehicle is lower monthly payments, which could help borrowers budget for a new Nissan. You’ll only be paying for the vehicle’s depreciation value, plus a few taxes and fees, which ends up being much more affordable than the monthly payment of a new vehicle. You won’t need to worry about the future value of the vehicle, either. At the end of the lease term, you can either keep the vehicle or walk away and lease another at no extra cost to you.
Drawbacks of Leasing a Vehicle
Leasing isn’t for everyone. Some borrowers might be put off by the fact that you won’t be able to own the vehicle, which means there’s little room for personalization. Similarly to rented housing, you’ll be responsible for any significant damage, and terminating the lease early can lead to costly fees. Perhaps the biggest sticking point is the fact that your lease is determined by how many miles you plan to travel over the course of the term. Leased Nissan models in Winter Haven, FL, are perfect for small town commuters, but driving more than the allotted limit will lead to stacked fees.
Benefits of Buying a Vehicle
Rather than committing to a vehicle for a certain amount of time, you’ll be able to trade an owned Nissan model whenever you want. This also means you own the vehicle to the fullest extent. Feel free to customize, personalize, or configure your Nissan however you see fit. The changes you make could add to the vehicle’s value, meaning you’ll see a higher return when you’re ready to sell. You can also drive as far as you want for as long as you want. There’s no limit to how far your car, SUV, or truck can travel.
Drawbacks of Buying a Vehicle
It’s not all fun and games! Keep in mind that you’ll be spending more on your monthly payments if you buy a vehicle. You’ll also be saddled with the burden of depreciation, which can lead to less return from your investment. And even though mileage isn’t an issue, you still have to worry about how wear and tear can affect your vehicle’s value.
Buy or Lease a Vehicle in Winter Haven, FL at Hill Nissan
Our vehicle experts can walk you through the processes of buying and leasing to determine which option is right for you. With our veteran staff guiding you every step of the way, you can’t go wrong!
Hill Nissan
6401 Cypress Gardens Boulevard, Winter Haven, FL 33884
Contact UsHours
| Monday | 8:30AM - 8:00PM |
| Tuesday | 8:30AM - 8:00PM |
| Wednesday | 8:30AM - 8:00PM |
| Thursday | 8:30AM - 8:00PM |
| Friday | 8:30AM - 7:00PM |
| Saturday | 8:30AM - 6:00PM |
| Sunday | 12:00PM - 5:00PM |
| Monday | 7:30AM - 7:00PM |
| Tuesday | 7:30AM - 7:00PM |
| Wednesday | 7:30AM - 7:00PM |
| Thursday | 7:30AM - 7:00PM |
| Friday | 7:30AM - 7:00PM |
| Saturday | 7:30AM - 5:00PM |
| Sunday | Closed |
| you break it we fix it | |
| Monday | 7:30AM - 7:00PM |
| Tuesday | 7:30AM - 7:00PM |
| Wednesday | 7:30AM - 7:00PM |
| Thursday | 7:30AM - 7:00PM |
| Friday | 7:30AM - 7:00PM |
| Saturday | 7:30AM - 5:00PM |
| Sunday | Closed |