Should You Buy or Lease Your New Vehicle? [Infographic]

Justin Gray 1m 268

The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.

All potential car owners have considered whether to buy or lease their new ride. While they have their personal goals and preferences, the main deciding factor usually boils down to their budget.

According to the Federal Trade Commission, purchasing a new car is the second most expensive decision consumers make. Consequently, many often prefer the leasing option as it enables them to drive away with their new vehicle at a more affordable, straightforward cost.

Potential buyers do not need to take a car loan with a car lease. However, they must remember that once the lease term expires, they no longer own the vehicle. Buying and leasing a car have their respective advantages, and it is important to know their differences to see which option is better suited for the buyer.

Once consumers finalize whether they want to purchase or lease a new car, the next step is to find a dealer who can provide their dream vehicle. When buyers look for car dealerships in San Diego, they can rely on CarBevy to expedite and simplify their “car dealership near me” query online. Potential car owners need only to go to the website, select the vehicle they want, and make a fair price offer and CarBevy will take care of the rest.

Getting a new car requires some thorough thinking to arrive at a decision that will satisfy owners. If potential buyers still need some time to weigh their options, they should consider the points provided by CarBevy in the following infographic.

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