Why Reynolds!Auto Lease vs Buying a Car in Lyme, CT
Buying Vs. Leasing: Which is Right for You?
Financing Options
Buying and leasing a vehicle has plenty of benefits. But you may find that one suits you better than another. The following is our breakdown of what makes getting a loan and lease so beneficial.
Loans
If you want to take out a loan, know you will have larger monthly payments than leases. But since you'll own the vehicle when the loan is paid back, you can customize it however you wish. And when you make on-time loan payments, you can also raise your credit score, which can be beneficial with other financial transactions. Plus, you can sell your car or trade it to a dealership if you wish to buy another car later.
Leases
Leasing is a temporary way to drive a new model, as a lease typically lasts two or three years. Since you'll be renting the car you drive, you'll have restrictions on the number of miles you can drive and be unable to customize the model. However, your maintenance costs are covered, and when the lease ends, you'll have the option to extend the lease, buy the vehicle, or upgrade to a newer model.
Visit Our Dealership
If you're looking to buy a car, our dealership is a great place to shop. Not only can we offer quality new and used models, but we have affordable financial plans as well. You'll love all our dealership can offer, so take a drive and shop with us today.
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Reynolds' Subaru
268 Hamburg Rd.
Lyme, CT 06371
- Sales: 860-434-0028
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