When it comes to Leasing vs. Buying
...
Weigh your options.
BUY
Conventional loans typically
require longer terms to reach
affordable payments
This keeps you…
• from trading into a
new vehicle sooner
• driving the same vehicle
longer even when you are
ready to trade
Conventional loans offer
obligations when you trade
• Assume all of the risk for
unexpected depreciation
• Unknown mileage expenses
• Must pay the total cost of using
the vehicle regardless of the
value (being ”upside down”)
LEASE
Leasing offers affordable
payments with shorter terms
This lets you...
• consider vehicles that have
more options
• get closer to your desired
trade cycle
• have peace of mind since most
leased vehicles are within war-
ranty period
Leasing offers options
at the end of your lease
If the vehicle is worth more
than the residual
• Exercise purchase option
and keep it
• Exercise purchase option
and sell it
• Apply equity to the next vehicle
If the vehicle is worth less
than the residual
• Drop off the keys and walk away
Is a lease right for you?
LEASE
BUY
