When exploring Jeep® leasing versus financing, it’s helpful to understand the benefits as well as the steps necessary to make it happen. Learn more with our experts and reach out to Fields Chrysler Jeep Dodge RAM Asheville for more information.
Financing vs Leasing
Financing or leasing: which option is best for your situation? Here are a few of the basic differences between financing and leasing. When you finance a vehicle, you’re buying it; you make payments that result in you owning it outright. When you lease a vehicle, you make payments to drive the car, but you do not own it. It’s essentially a long-term rental with a set period of use.
Leasing Benefits
There are several advantages to leasing a new Jeep model. For starters, the monthly payment is typically lower than if you were financing a vehicle. Additionally, required down payments are usually lower for leases — sometimes, they don’t even require one. Repair costs are lower too and you don’t have to worry about reselling the vehicle when you want to upgrade, you simply return it.
Steps To Jeep Leasing
Establish Your Budget and Preferences
Research various Jeep models that align with your lifestyle and preferences, then set a realistic budget based on your monthly expenses.
Explore and Compare Jeep Models
Thoroughly assess each model's features and trims to ensure they match your requirements and financial plan. You can explore the ins and outs, performance specs, tech features, and more online before visiting our dealership.
Test Drive Prospective Models
Once you’ve narrowed your search to one or more models, schedule a test drive to evaluate how they handle and perform on the road. This will also give you a chance to take a closer look at interior and exterior features and highlights.
Examine the Lease Agreement
Carefully review all aspects of the lease agreement. Make sure you’re comfortable with the terms and conditions before signing up for a term of two to three years or more.
Lease a New Jeep in Asheville, NC
As your lease term nears its conclusion, you'll have several choices. You can renew the lease, return the vehicle, or lease a new Jeep model from Fields Chrysler Jeep Dodge RAM Asheville. It’s your choice and we’re here to help, so contact us today and drive home in a brand-new Jeep vehicle!