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Buy vs Lease

BuyVsLease

Hours

  • Monday
    9:00am-9:00pm
  • Tuesday
    9:00am-9:00pm
  • Wednesday
    9:00am-9:00pm
  • Thursday
    9:00am-9:00pm
  • Friday
    9:00am-9:00pm
  • Saturday
    9:00am-6:00pm
  • Sunday
    Closed

Contact Information

7327 Ritchie Hwy
Glen Burnie, MD 21061
Phone: (410) 766-6300

You're More Likely To Buy...

You're More Likely To Lease...

 
  • If you put more than 15,000 miles on a vehicle per year
  • If you like to personalize a car, this investment can be lost on a leased car.
  • If you like the idea of ownership, you are less likely to be happy with the lease option.
  • If you like the feeling of accomplishment that paying off a large purchase brings and should consider that when you lease a car, the payment ends only when you return the car.
  • If the car you presently own is over 3 years old you are more likely a buyer. While not always true, you can usually drive for less if you're willing to buy and drive for at least 3 years.
  • If you don't mind doing your own car repairs, you probably don't mind driving a car after the warranty expires.
 
  • If you drive less than 15,000 miles per year, a luxury lease might be ideal.
  • When you negotiate a 24 or 36-month lease, you can be sure you'll always be driving a new vehicle.
  • Although you need to maintain and repair your leased vehicle just as you would an owned vehicle, because you typically lease for 2 to 3 years, the car is normally under warranty.
  • Many people prefer to drive a vehicle that is priced above their means and leasing provides the solution.
  • If you don't mind not owning the car, you are free to enjoy the benefits of leasing like low monthly payments and a low down payment.
  • If you own the company, and you use your car for business, check with your tax advisor. You may be able to deduct your auto expenses, including your monthly lease payment.
  • If the company you work for gives you a monthly car allowance, you may want to lease since you'll be able to drive a nicer car for a lower monthly payment.

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