Ourisman Chrysler Jeep Dodge of Alexandria

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BUY VS. LEASE

Buy vs. Lease? That is the question and a tricky one at that! Whether looking into an auto finance loan in Alexandria, VA, or securing a lease on any of our new Chrysler, Dodge, Jeep, or RAM models. We make sure to offer quick and affordable leases and auto financing. For you to understand both options thoroughly, we advise looking at why leasing a car might be the best choice or why purchasing a car might be for you. The following are a few key reasons for buying or leasing:

Why Buy
  • Buying is an excellent long-term investment; if you are looking to have a car for an extended period and be able to build equity, opt for purchasing your next CDJR model.
  • You don't have to be concerned about limitations when you buy your next car. You can personalize your Chrysler or Jeep by getting a paint job or adding accessories that speak to your style.
  • Do you spend much time traveling around Alexandria or business trips out of town? Because there is no mileage restriction to consider when you own your vehicle. Making purchasing a fantastic option!
  • Purchasing is a fantastic choice if you desire flexibility. You are free to sell your car whenever you choose.
Why Lease
  • If having low monthly car payments is a priority for you, think about leasing. Due to leasing, payments are frequently reduced because a portion of the vehicle's overall cost is covered.
  • With a lease, switching or upgrading cars is simple. After the lease, you can turn in your vehicle, begin a new lease on the latest CDJR models, and enjoy driving a different model every few years.
  • Do you like driving a car with the newest features and technologies? Since leasing is a short-term option, you can frequently enjoy the latest luxuries in a vehicle, but if you end up head over heels for your current lease, you can always purchase it.

At Ourisman CDJR of Alexandria, we have a dedicated team of finance experts ready to help you find the right fit for your lifestyle. Whether you want to drive a RAM truck or a Jeep model, let us help you find the right one for you. Our selection in Alexandria, VA, can't be beaten. Feel free to contact us by filling out our online form or give us a call, and our team will be ready to walk you through your options.

Buy vs. Lease Q and A's

What is the main difference between leasing and buying a car?

A: The main difference between leasing and buying a car is ownership. When you lease a car, you don't own it; you're essentially renting it for a fixed period of time. When you buy a car, you own it outright or make payments until you own it.

Which option typically has lower monthly payments, leasing or buying?

Leasing generally has lower monthly payments than buying because you're only paying for the depreciation of the vehicle during the lease term. When you buy a car, you're paying for the full purchase price of the vehicle over time.

What are the mileage restrictions for leasing a car?

Most leases come with mileage restrictions, typically between 10,000 and 15,000 miles per year. If you exceed the mileage limit, you'll be charged for each additional mile, which can add up quickly.

Is it more cost-effective to lease or buy a car in the long run?

It depends on your individual circumstances. If you want to drive a new car every few years and don't mind always having a car payment, leasing may be the better option for you. If you plan to keep the car for a long time and want to eventually own it outright, buying may be the more cost-effective choice.

How do I determine whether to lease or buy a car?

There are several factors to consider, including your budget, driving habits, and long-term goals. Ourisman Chrysler Dodge Jeep Ram of Alexandria offers a range of financing options and can help you weigh the pros and cons of leasing vs buying to find the best fit for your needs. Contact us today to learn more about our leasing and financing options.

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703-419-9720

Service Hours
Monday 7:00AM - 7:00PM
Tuesday 7:00AM - 7:00PM
Wednesday 7:00AM - 7:00PM
Thursday 7:00AM - 7:00PM
Friday 7:00AM - 7:00PM
Saturday 7:00AM - 4:00PM
Sunday Closed
Monday 9:00AM - 9:00PM
Tuesday 9:00AM - 9:00PM
Wednesday 9:00AM - 9:00PM
Thursday 9:00AM - 9:00PM
Friday 9:00AM - 9:00PM
Saturday 9:00AM - 9:00PM
Sunday 11:00AM - 5:00PM
Monday 8:00AM - 6:00PM
Tuesday 8:00AM - 6:00PM
Wednesday 8:00AM - 6:00PM
Thursday 8:00AM - 6:00PM
Friday 8:00AM - 6:00PM
Saturday 8:00AM - 6:00PM
Sunday Closed