Purchase a CDJR Model Near Manassas, VA
Why Finance a New Car? |
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As stated before, when you buy or finance a vehicle, you become that model's explicit owner. This means you have freedom to do with your vehicle as you wish, granting advantages such as: |
- The ability to add accessories or make other alterations as you see fit
- You can sell, trade-in, or gift your vehicle
- If you financed your vehicle, making your payments helps build equity and improves your credit score
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However, it is worth noting that your monthly payments towards full ownership will often be higher than if you were to lease. Additionally, you are responsible for y repairs or maintenance, especially after any warranties you received expire.
Why Lease a New Car? |
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Leasing grants you a bit more flexibility in terms of your driving experience, allowing you to get your hands on a new model quickly. Most leases last around 36 months, but can be shorter or longer depending on your immediate needs. Some of the benefits of leasing include: |
- Lower monthly payments compared to financing
- Diversify your driving experience by leasing a new vehicle when your current one expires
- The dealership you leased your model from will often cover the costs of maintenance and repairs
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While you can upgrade to the latest model year or get a new car altogether when a lease ends, if you find that you enjoy your leased model, it's also possible to fully purchase your leased vehicle, using your prior payments as an advance. Mileage limits are also common, so you may find that you need to return your vehicle earlier than expected if you often take to the road.
