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Leasing vs. Financing a New Vehicle with Premier Nissan of San Jose
If you need a more reliable vehicle or want to upgrade from your current mode of transportation, you can find a wide selection of pre-owned models at Premier Nissan of San Jose. For more peace of mind, check out our Certified Pre-Owned (CPO) models we have for drivers in Milpitas, Mountain View, and San Jose.
- Buy the vehicle
- Return the vehicle and lease a new model
- Return the vehicle with no new lease
Lease Your Next Vehicle with Premier Nissan of San Jose
Leasing offers many advantages that appeal to people who are looking for a new vehicle. One of the main appealing factors is that it allows you to drive a new vehicle with the latest technology. Every couple of years, you can get the latest model with new safety and entertainment tech.
Payments with leasing are usually lower than with a car loan. When you buy a new vehicle, you are paying the entire value of the car as reflected in the sticker price. With a lease, you only pay for the value of the vehicle while you drive it. Since payments are lower, you might afford a more expensive model or one with special packages.
While leasing can be a great option, it’s not the right choice for everyone. There are a couple of downsides to leasing. You can’t make any alterations to your vehicle. You aren’t allowed to add accessories. It’s also important to keep the vehicle in good condition, or you could pay for extra wear and tear.
Another disadvantage of leasing is that you are limited on how much you can drive. Leases come with mileage restrictions. If you go over the number of allotted miles, you must pay for them.
With all of these added fees and penalties, you could pay thousands of dollars extra at the end of the lease. Make sure you are aware of specific penalties before you sign a lease.
Buy Your Next Vehicle with Premier Nissan of San Jose
If you like to keep your vehicle for a long time, buying may be the better choice. You will own it once the final loan payment is made, and you could drive payment-free for several years.
You also get to customize your vehicle when you choose to finance it. Add fun or functional accessories to enhance your driving experience. And since there are no mileage restrictions with a loan, you can drive around the state or across the country.
No matter which option you decide is better for you, buying or leasing, you can get your new Nissan at Premier Nissan of San Jose. Our finance team will be happy to answer any questions about either option and help you get into that new Nissan Altima or Nissan Rogue. Stop in today for your next new vehicle.
