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Buy vs Lease

When you’re ready to purchase a new, used, or certified pre-owned vehicle, the most important step is to choose a dealership where you’ll be supported throughout every step of the process.

That’s why the team of financing professionals at Burns Honda comes with years of experience in helping drivers near Marlton, Mount Laurel, and Cherry Hill find the purchasing option that’s best for your needs.

As part of our dedication to an enjoyable shopping experience, we’re here with this Buy vs. Lease guide, which provides you with more insight into the benefits and differences between these opportunities. That way, you’ll arrive at our showroom knowing exactly which option is right for your family.

Why Lease Your Vehicle?

Looking for a way to frequently replace the vehicle you drive? Well, if so, leasing your next automobile is a great way to keep yourself equipped with the industry’s latest models. You can also lease a used car if you would like!

Because leases can last anywhere from a few months to a few years, you’ll trade in your car for a new model almost as regularly as you purchase a new phone.

On top of that, leasing your vehicle could provide you with smaller monthly payments. That’s because a lease plan covers the residual value on your sedan, SUV, or any other type of automobile, which is the difference between the value of your car when you first purchase it and what it’s worth once your lease is up.

Thanks to that perk, you may be able to snag a luxurious ride for lower monthly payments than you’d have if you bought the car. And, if you’re not quite ready to use some of your savings to make a large down payment on a new automobile, a lease can help you with that.

For the most part, leases require smaller down payments than buying plans. That way, you can continue to build up your savings account during your lease, so that you can eventually buy the vehicle you leased or trade it in for a different model.

Benefits of Buying

If you prefer to own a car that’ll remain by your side for more than a few years, buying is the perfect option for you. Depending on the details of your auto loan agreement, you can stretch the payments on your ride over a number of years.

By doing so, you can suit yourself up with lower monthly payments and ensure that you have plenty of time to get to know the technologies and capabilities of your automobile.

In addition, opting for an auto loan allows you to take on journeys of any length, without thinking about going over your mileage limits. So, if you’re planning a cross-country road trip with your friends or family, you’re free to head down your route without worrying about your odometer.

Of course, you can’t forget about customizing the interior of your car to align with your aesthetic preferences and daily needs.

Well, when you buy a vehicle, you have total control over decking out the cabin with a personalized stereo system or custom upholstery. With this added benefit, you’ll traverse the roads behind the wheel of an automobile that matches your style.

Buy vs Lease: Get Your Vehicle Today!

From the first moment you begin your hunt for the ideal vehicle, it’s essential to have access to a team of experts who are committed to helping you identify the right purchasing options.

And, by consulting the professionals at Burns Honda, you’ll understand more about the benefits of buying vs. leasing your car, and which one is best for your way of life.

Ready to get started? If so, all you have to do is visit our showroom, contact us, or apply for pre-approval online today! We look forward to assisting drivers near Marlton, Mount Laurel, Cherry Hill, and beyond.

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