Should I Buy or Lease?

Couple sitting at sales desk at dealership

 

You see the perfect car. It’s a Acura, it’s in your price range, and it’s even the right color. Now you’ve got a question. Should I buy or lease? Leasing vs. buying a car has advantages and disadvantages to both sides of this debate. We’d love to tell you everything that’s going on regarding this question, so read on to learn more about buying a car from Post Oak Acura! New or used, you’re driving right when you’re driving with us!

Why to Buy

A lot of customers in Broken Arrow and Bartlesville will buy, or finance, a car outright. This means you take on a loan and pay it off in a term of however many months, after which you’ll own the car outright. This is why you’ll want to buy:

  • If you want to build equity, this is the choice for you. You’ll have a piece of equipment with value once your vehicle’s term is up.
  • If you want to customize your car the way you want, you’ll want to buy. Leasing won’t let you do that.
  • If you want to drive as many miles as you want, you should definitely finance because leasing will subject you to mileage restrictions.
  • However, if you’re looking to get a lower monthly payment and pay less tax, you should be warned that financing will cost you more overall.

Why to Lease

If you’re looking to lease in Oklahoma City, there’s a great case to be made for that too. However, there’s some drawbacks too.

  • If you’re looking to save some money, you’ll have a lower down payment, sales tax, and monthly payment when you lease.
  • If you’re looking to trade up to a better vehicle later on in your auto buying life, you’ll want to lease because you’ll be onto the next vehicle sooner than you would if you bought it.
  • However, there are some catches when it comes to leasing. You’ll have to abide by mileage restrictions, you’ll be restricted when it comes to customization, and there might be fees to be paid at the end of the lease term.

Explore Leasing & Financing Options at Post Oak Acura

If it’s time to buy or lease that next car, we’d love to have you on our lot! Come on over, take a look around, and we’ll help you through every question there is. Contact us today and we’ll introduce you to the world of car buying the Post Oak Acura way.

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