Even if you are an experienced shopper, you may have questions about the differences between leasing and financing. That is where our financing team comes in. Not only can we help explain the differences between these models, but we can also answer any questions you may have about them.
There are some important differences between leasing and buying. One option may be a better match, depending on your budget and lifestyle needs. No matter what though, our team will be here to help assist you.
To make things easier, consider leasing similar to renting an apartment. You are paying a fixed amount of money for a certain period of time. Leasing is often more affordable on a monthly basis than buying a car. Additionally, you don’t have to take out an automotive loan to lease. However, leasing also comes with mileage parameters. You also have to keep your leased car in good condition. Because of that, leasing is not a great match for folks who drive long distances a lot.
Buying is a straightforward process and is often the go-to option for drivers. It also can be more expensive, though. That’s because your monthly price is derived from your automotive loan. Specifically, it is derived from the size and length of your loan, alongside your down payment and your APR. However, owning a vehicle ensures you don’t have to worry about adhering to leasing parameters. Also, once you pay off your loan, the car is officially yours.
No matter which option you prefer, feel free to visit us at Audi Chantilly! Our team at Chantilly, VA would be proud to help you with all of your financing needs.
We look forward to assisting you!