Should I Buy Or Lease A Vehicle In Tampa?

So you found your dream ride at Firkins CDJR in Tampa, Florida, and you’re wondering whether it’s smart to buy or lease it. While you can’t go wrong, as our team will lead you through the quick and easy steps of either, depending on your long-term goal for the vehicle, as well as your budget and current financial state, there is an option better fit for you. With such a fantastic inventory of new and pre-owned vehicles, the easy part is selecting your new set of wheels, so let us assist you in weighing your options. Our expert team compared and contrasted buying versus leasing just for you, so keep reading for the details.

Why Buy?

If your plan is to keep the vehicle for as long as you possibly can, with a goal to eventually pay it off and no longer have a car payment, buying may be the smartest option for you. Not to forget the number of driver customizations you can make to the vehicle, as you are the true owner. Or, let’s say down the road you are ready for a new ride — you will be able to trade in your vehicle for quick cash. Also, if you’re looking to build your credit score, making on-time car payments will do so.

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Why Lease?

Let’s say you are always drawn to the newest and hottest models, and you’re budgeted to make a car payment each month — leasing is a great option for a driver like you. Leasing a vehicle is like a long-term rental, as you have an agreement and a mileage limit, and some of your maintenance may be covered. Once your agreement is up, all you have to do is bring it back to our dealership and pick out the next vehicle you want to lease. While there are many benefits to leasing, one major component is the lower interest rate, as well as the fact that you don’t have to pay sales tax, as you are not purchasing the vehicle.

Whenever you are ready to get the process rolling, contact our team at Firkins Chrysler Dodge Jeep RAM. We look forward to serving you!