LEASING VS. BUYING: KNOW THE DIFFERENCE
The car-buying process can be challenging and stressful, leading customers to make poor decisions before reviewing the purchasing options. Buying and leasing a car have differences; one may be more beneficial than the other in certain situations. For example, buying a car will pay for the entire value, regardless of how long or how many miles are accumulated. The alternative option is to lease, which will have customers bound to certain aspects when using the car. Regardless of your choice, Genesis of South Brunswick is here to help you make the proper decision. Our state-of-the-art facility has the tools to help you make the best choice while examining the pros and cons. So we have created a guide to help differentiate each option and determine which would benefit you more.
BUYING A GENESIS
When purchasing a Genesis, buying may be the most convenient option. This means you fully possess the car instead of owing payments on it for a few years. However, the stand-out element of this choice is the price tag. If you determine the price to be too high when browsing the new selection, then searching through the used and certified pre-owned may provide more leeway when making this decision. Our dealership's certified pre-owned Genesis models undergo a 191-point inspection to ensure optimal safety. After the review, the car will receive a 6-year/75,000-mile limited warranty. This is our guarantee that each certified pre-owned Genesis is safe to drive. If you purchase a vehicle with a loan, the price of monthly payments will typically be higher than if you were to lease. Nevertheless, the car is officially yours once it is fully paid off. Listed below are additional benefits you can expect if you decide to buy a car.
- No mileage limits
- No wear-and-tear charges
- The ability to sell or trade in the vehicle
- No further payments at the end of your turn
- The car is yours to modify or customize as you like
LEASING A GENESIS
It is no surprise the price of buying a vehicle in its entirety may not fit the budget of all customers, which is why leasing is a popular alternative. When choosing this option, customers pay for the right to drive the vehicle for a fixed period. This process usually consists of customers paying an initial amount to drive the new car off the lot to cover a range of taxes and fees. After that, monthly payments are made over the lease plan's life to protect the vehicle's depreciation cost. With this term, there is usually a restriction on the number of miles you can drive in total, and you have to return the car to the dealer in excellent condition to avoid additional fees. Listed below are other benefits if you choose to lease a vehicle.
- Lower monthly payments
- Less money down
- Manufacture warranty options
- Lower repair costs
- Option to buy the car at the end of the lease
WHY MAKE GENESIS OF SOUTH BRUNSWICK YOUR PRIMARY DEALERSHIP
When it comes time to start the purchasing process of a vehicle, it is essential to choose the right dealership to avoid hassling and complications. Luckily, Genesis of South Brunswick consistently delivers customers with the best pricing and ensures their needs are met. So there's no reason to miss out on the exciting opportunity Genesis of South Brunswick can offer. Our team is ready to help you make an informed decision and leave the dealership completely satisfied. So to start your journey, be sure to schedule an appointment through our website or call us today at (732) 821-4000!
