Lease VS. Buy

You’re looking for a new car. You’re quickly overwhelmed by the tons of options in front of you as you start your search. You look far and wide and eventually, you decide upon that perfect vehicle that checks off all of your boxes. You get through all of that, and then comes the big question. How do I afford my dream car?

Enter the auto lease. South Florida leasing is an affordable means of getting behind the wheel of a brand new vehicle. Because it doesn’t require a long-term commitment, you enjoy the freedom to turn your vehicle in at the end of your lease term and decide what to do next. If you choose to go on to lease another vehicle – be it a car, SUV, van or truck lease, perfect. If you decide now’s the time to purchase a new vehicle, that’s fine too.

Buying vs. leasing a car, while they share similarities, they also have distinct differences. For example, when you lease, you make monthly payments to the bank just as if you purchased the vehicle; however these lease payments tend to be much lower. You select a term for your lease, which acts as the length of time you have the vehicle. At the end of that term, you either turn in your lease, or if your contract gives you the option, you buy the car outright if you so choose.

It depends. Buying and leasing both have benefits that cater to the unique needs of the individual new car shopper. One of the major advantages of leasing is the cost. Lease down payments tend to be lower and monthly payments are more affordable than if you were to purchase the same vehicle. Another incentive to leasing is the ability to trade-in your vehicle when the lease term is up. Frequently, you’ll be given the option to purchase at the end of your lease term, but if you like the idea of driving a new car every 2-3 years, leasing might be a good fit for you.

Schumacher Auto Group is here to help you find a great auto lease in Florida. Our knowledgeable sales team will help you access competitive lease offers on our Buick, Chevrolet, Chrysler, Dodge, GMC, INFINITI, Jeep, LINCOLN, Mitsubishi, Ram, Subaru, Volkswagen, and Volvo vehicles, tailored to fit your budget. View our lease specials and get directions to our South Florida dealerships. Come join the Schumacher family!