Leasing vs Buying

So, you have found the perfect Acura to reignite your passion for hitting the roads of Montgomeryville, Lansdale, and Doylestown, Pennsylvania. Now what? It’s time to meet with the Montgomeryville Acura financing team and find the right payment plan. However, do you know if leasing or buying is better for your lifestyle?

In this leasing vs buying guide, you can learn more about both options and choose the one that is most accommodating to your needs. If you have any questions along the way, feel free to reach out to our finance experts!

Acura Leasing vs Buying: What are the Differences?

When drivers find a new vehicle, they have two choices: to lease it or to buy it. Though both result in you driving a vehicle you love, there are some differences to note.

• Buying: Buying an Acura is a pretty straightforward process. If you’re able, you can purchase the model outright. However, many drivers choose to secure a loan through a reputable lender. This allows you to pay back the lender for your vehicle in monthly payments (with interest). This method typically requires a down payment as well.

• Leasing: With the leasing deals you’ll find at our Acura dealership, you can drive the newest, most advanced models on the market. Our specialists will craft a tailored leasing contract that includes everything from your monthly payment to annual milage allotments. However, you won’t technically own the vehicle. Leasing contracts tend to last around three years, giving you the opportunity to drive something new frequently.

Benefits of Buying an Acura

The biggest perk of choosing to buy or finance your Acura is that you’ll own the model. This gives you free rein to customize and drive as much as you want. Plus, you’ll have a large selection of models to choose from on our lot, including brand-new models in our showroom as well as pre-owned vehicles on our used lot.

Other benefits of buying include:

• You can sell or trade in the model whenever you wish
• Lower insurance premiums
• No mileage limitations

Benefits of Leasing an Acura

Many drivers will choose to lease because it gives you the chance to drive a new model every few years, but that’s not the only perk of Acura leases. Another benefit is the lower monthly costs. Since you aren’t paying for the whole value of the model (like when buying), only the depreciation, costs typically are less.

Other benefits of leasing an Acura:

• Little (and sometimes no) down payment
• Easy trade-in process with buy-out options
• Warranty coverage

Leasing vs Buying an Acura: The Choice is Yours

Whether you choose to buy an Acura or take advantage of our Acura leasing deals, you can rest assured that the pros in our finance center will help you feel confident about your decision. Plus, with our wide selection, it’s easy to find the best car to lease or buy for your situation.

To learn more or get the ball rolling on Acura financing, meet with the team at Montgomeryville Acura. We’re excited to help you get behind the wheel and hit the roads of Montgomeryville, Lansdale, and Doylestown, PA, in luxury.