DTC Finance Center

Benefits of Leasing vs. Benefits of Financing a New or Used Vehicle

You should consider many things when you decide to upgrade to a new vehicle. Most importantly, finding a model that matches your personality and lifestyle would be best. Also, you must identify a financing program that suits your budget and needs.

At David Taylor Chrysler Dodge Jeep Ram of Mayfield, we understand that finding a financing program that matches your needs can be challenging. That's why we have a finance department with experienced experts who can help you take control of your dream vehicle.

When you reach out to our finance specialists, they will walk you through the pros and cons of leasing and buying and help you seal a deal that you will appreciate.

Why Should You Lease a New Chryslers, Ram, Dodge, or Jeep Vehicle?

Leasing is always an excellent option if you do not want total commitment over a new Ram 1500 or Jeep Gladiator. This financing program gives you a chance to enjoy driving a brand-new model after every two or three years. This implies that you will always have access to the latest tech, performance, and safety features.

Since you are borrowing a portion of the truck's value, you will pay lower monthly payments than buying. Also, you will not feel concerned about the car's depreciation and how it will negatively impact your trade-in value. And if you need any vehicle repair and maintenance service, you will save significantly as lease vehicles come with a warranty covering major repairs.

Why Should You Buy a New Chrysler, Ram, Dodge, or Jeep Vehicle?

Financing a new vehicle entails taking a loan for a new car and paying it back over time. This allows you to own the vehicle after you have cleared the debt. The most attractive perk of purchasing a new car is that you can customize your vehicle to suit your lifestyle.

Therefore, with this option, you can equip your Jeep Wrangler with new rock rails or winch mounting kits as you see fit. There are no mileage restrictions when you finance a new or used vehicle. Thus, your monthly payment will remain the same whether you drive over 10,000 miles yearly or 25,000 miles.

Leasing only works most for drivers looking for brand-new models. So, opt for a loan deal if you are on a tight budget and want an affordable Dodge Charger or Jeep Renegade. You can select a CPO, used, or a new model that suits your lifestyle and budget when you buy. And if you wish to sell the car after you pay off the loan, you can take cash for your car's value or roll the value into a brand-new car loan.

Auto Financing Made Easy

One of the benefits of working with us is that our finance experts have years of experience working with many individuals with various financial backgrounds. Whether you want to build credit or have had financial challenges in the past, do not let anything stop you from applying. We will use our relationships with our assortment of local and national lenders to try and secure a great financing deal for you.

Auto Finance and Lease Specials

Reach out to our finance department to find out more about the latest finance offers, including loan deals and lease specials. Our finance specialists will help you find a great deal that checks in with your needs. Whether you have good or bad credit, you can trust that we will get you into your dream car, truck, or SUV.