Buying vs Leasing
Buying vs Leasing
Should I Buy or Should I Lease a new Mazda?
If you're in the market for a new vehicle near Wakefield RI, you're probably wondering whether or not buying or leasing is a better option. It's a common dilemma most people searching for a new car go through at one point or another. Which is the better option for Narragansett and Cranston customers such as yourself? The simple answer is that there isn't a one-size-fits all answer to that question.
Whether you should buy your next car or lease it is a decision that is influenced by a variety of factors. Ultimately, you get to decide which choice is right for you. But here at Flood Mazda, serving Warwick RI and the surrounding localities, we want to help you through the process as much as we can so you're confident in the decision you make, whatever it may be.
Advantages of Buying a New Mazda
Are you the type of Mazda owner who intends on "running your car to the ground," as the saying goes? If you like to keep your vehicles for an extended amount of time and are focused less on monthly payments than on your total ROI, buying a car is likely the best choice. Keep in mind, though, that when you purchase a car, you will be responsible for all out-of-warranty service and repair costs. That being said, should you keep your vehicle past the length of your loan agreement, you will no longer have a monthly payment about which to worry.
Advantages of Leasing a New Mazda
If buying a car leads to the eventuality of no monthly payments, then leasing a car leads to the eventuality of a new car at the end of your lease agreement. Though you'll likely pay more money on a recurring basis to lease, you will, in fact, enjoy lower payments leasing a new Mazda than if you were to purchase the same car. Plus, if you're the type of person who enjoys driving a new car every two to four years, then leasing is probably a better option for you.
Contact Our Finance Center For More Information
Curious, still, about how your unique situation, credit history, and other factors play into the question of whether or not you should buy or lease your next Mazda? Contact us here at Flood Mazda today. While they can't decide for you, one of our Mazda finance expert will be more than happy to run through any questions you may have!
Flood Mazda
220 Old Tower Hill Road
Wakefield RI, 02879
Sales: 401-209-2159
Service: 401-593-1802
Parts: 401-593-1823