One of the biggest decisions that you’ll have to make at dealership is whether to lease or buy a Chrysler car. Like many other big decisions, there is no concrete “right” answer for everybody, as what’s best for you will depend on a variety of personal preferences. Here at I.G. Burton Chrysler Dodge Jeep® RAM of Smyrna, our team of dealers and finance professionals are happy to help you break down the advantages of both buying and leasing.
Buying a Chrysler Car
Whether your sought-after Chrysler car is the Chrysler Pacifica minivan or the Chrysler 300, buying it outright or financing it is a great decision for drivers looking to keep the car long-term.
Buying a vehicle with a loan is straightforward. You borrow money from a bank or other lending institution and make monthly payments for some number of years. A chuck of every payment is put toward paying interest on the loan and the rest pays down the principle.
The primary advantage of buying a Chrysler car is that you actually own and can do what you wish with it. There are no restrictions, unlike leasing, which comes with mileage restrictions and other stipulations.
Leasing a Chrysler Car
The main attraction of leasing a Chrysler car? It often comes with lower monthly payments than buying. In addition, leasing also has these advantages:
- You drive the car during its newest, most trouble-free years
- It’s nearly always covered by the manufacturer’s new-car warranty
- The lease-return process and simple and stress-free
- Ability to drive the newest Chrysler cars when they are first released
Whether leasing or buying is the right option for you, the friendly dealers at I.G. Burton Chrysler Dodge Jeep® RAM are happy to get behind the wheel. Stop by our Smyrna, DE dealership today.