Leasing vs Financing a Mazda in Downers Grove

Picking out a new car is exciting to anyone who is looking forward to driving a brand new model, but it may be difficult to decide how to go about obtaining your vehicle. The decision to lease or finance a car is difficult one, but the experts at Pugi Mazda have put together a handy guide to make the process as simple as possible. Learn more about the pros and cons of leasing vs. buying with our tips below.

Should you have any questions regarding leasing or financing at our Mazda dealership in Downers Grove, IL, send our team a message online or call 1(855) 956-0704

Lease a Mazda: Pros & Cons

Are you interested in leasing your next vehicle? Take a look at the pros and cons of leasing a car to see if they coincide with your needs. If you’re certain you’d like to lease your next vehicle, make sure to check out the current specials at our Mazda dealership in Downers Grove, IL.

Pros Cons
Oftentimes, a down payment isn’t required. If it is, it’s much lower than when purchasing a vehicle. If you decide to break your lease terms, you will most likely have to pay early termination fees and penalties.
You can drive a more expensive, better-equipped vehicle that would otherwise be outside your budget. You can only drive the miles you agreed upon in your lease terms. Any mileage that exceeds the agreement will cost you extra.
Leased vehicles are almost always covered by the manufacturer warranty so most major repairs will be covered. Besides standard wear and tear, you’ll have to pay for any damage to the vehicle, no matter how small the dent or scratch.

Finance a Mazda: Pros & Cons

If you’ve never financed a vehicle, check out our auto financing tips to see if signing up for a monthly auto plan is right for you. We also have plenty of new vehicle specials and incentives to make the deal even sweeter.

Pros Cons
Once you pay off your financed car, you’ll own it and can do as you please. You’ll also build equity. Your monthly car payment will likely be higher than a leased vehicle.
Drive as much as you’d like when you’d like. The vehicle will quickly lose its value, and may not be worth much once you pay it off.
You can modify your car as you wish. Once the vehicle’s warranty ends, you will be responsible for any repairs or damage, which can add up over time.

Now that you’ve selected either auto financing or leasing, and picked out your favorite Mazda sedan, hatchback, crossover, or SUV, schedule a test drive with your preferred model. As always, don’t hesitate to contact us at 1(855) 956-0704 for more information.