Nissan

Tracy Nissan

3195 N Naglee Road
Directions Tracy, CA 95304

  • Sales: (888) 459-4393
  • Service: (877) 328-7229
  • Parts: (877) 328-7229
Info

Leasing vs. Financing

Leasing vs. Purchasing....Which is Better?


Deciding between the two is more of a lifestyle question than a financial one. In a nutshell:

Leasing tends to benefit people who:

  • Regularly get a new vehicle
  • Drive less miles
  • Prefer not to worry about any major mechanical repairs
    (Most leased vehicles are covered by the manufacturer's warranty for the term of the lease)
  • Want a lower monthly payment

Purchasing tends to benefit people who:

  • Keep their vehicle for a long time
  • Drive a lot of miles
  • Have a larger down payment or a trade
  • Looking to build equity