If you’re looking to buy a new car, there are two ways to make it happen; buying or leasing. To be clear, there are many advantages and disadvantages to both.
Advantages and disadvantages of ownership
The advantages of buying are:
• Ownership
• Flexibility
• Resale
The disadvantages are down payment, high monthly payments and interest payments.
Advantages and disadvantages of leasing
On the other hand, leasing a car provides
• Low upfront cost
• Low monthly payments
• The ability to walk away.
The disadvantages are no ownership, mileage limitations and the inability to customize to your individual needs and desires.
To conclude, buying a car can be a wonderful experience and there are two ways to make it happen; owning a car or leasing a car. Talk with a staff member at Century BMW in Greenville, SC, and find out more! With the benefits each has to offer, it just makes sense to find out which method would work best for you!