Leasing vs. Buying

When you need a new car, one of the options you have is to lease your new vehicle instead of buying it. There are many benefits to a Nissan lease at Barberino Nissan. In this quick guide, we’ll run over the differences between leasing versus buying at our Nissan dealership in Wallingford, CT, and the factors that might make leasing the best choice for you. 

What is a Nissan Lease? 

Leasing a car is different from buying in several important ways. Firstly, you will not be the official owner of the vehicle. Instead, you are simply renting it from the dealership for a monthly fee.

The most noticeable benefit of leasing a new Nissan model is that you’ll always be driving a brand-new car. You’ll be able to enjoy the very latest safety and performance features and technology. 

Additionally, monthly payments are typically lower on a lease than monthly ownership payments would be. You also don’t have to worry about repair costs while driving a leased vehicle, since most repairs are covered by a warranty. 

However, some things to consider include the fact that you won’t be building equity or ownership in the vehicle with each payment. There will also be limits on the mileage you can put on the car each year, and you must keep the car in good condition to avoid paying fees. 

Is Leasing Right for Me? 

Whether leasing or buying a car is a better option depends on what you want from your car. A Nissan lease has lower payments, so it can be a good option if you’re on a budget. You may also want to lease if you don’t want the hassle of selling a car or if you plan on upgrading your ride every few years. 

However, if you want to modify or upgrade your car, you may not want to lease it, since you cannot permanently alter a leased vehicle. Additionally, if you drive more than 15,000 miles per year, you may want to purchase your vehicle or opt for a high-mileage lease. 

Nissan Leases at Barberino Nissan 

Don’t hesitate to visit us at Barberino Nissan to discuss our current lease offers. There are many options when it comes to purchasing plans, lease terms, and manufacturer incentives. Drop by our Nissan finance department today and kickstart the leasing or buying process today!