Here at our dealership, we are proud to help you with all of your financing needs. That includes both leasing and financing. However, we also know that many drivers have confusions about these two financing options. So, what are the differences between these two financing options? And what benefits do they have to offer?
Buying a car is straightforward, and the option many drivers opt to choose. When you buy a car, you often have to take out an automotive loan. This loan includes a variety of factors – the size and length of the loan, your APR, and your down payment. This results in monthly prices that are on the higher side. However, you have complete ownership of your vehicle. Plus, once you pay off your vehicle, you will own it completely.
Leasing is often more affordable a monthly basis. That’s because the price is static for a number of years, not based on a loan. However, leasing also comes with a few parameters. For instance, you need to abide by mileage requirements. You also have to keep your vehicle in good condition. Because of that, leasing may be a better investment for city drivers and professionals.
If you would like to learn more about our selection of vehicles, stop by! Our team can help answer any questions you may have about financing. Furthermore, we can also explain the differences between leasing and buying. Visit us at Audi Fairfield in Fairfield, CT. Our team would be proud to assist you!