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615 North Eisenhower Drive, Beckley, WV 25801
Where taking care of YOU is what we do!
Sales: (304) 461-0505
Service: (304) 256-7400
Buy vs. Lease
When you are looking to get a car, one of the hardest decisions you have to make, aside from what car you want, is will you buy it or lease it? Mountaineer Lincoln wants to help make the decision a little easier by helping you weigh the pros and cons of buying vs. leasing.
Advantages of Buying
No mileage restrictions, road trip!
Customize your interior and exterior to fit your lifestyle
Own car for as long as you want, and with the quality of a Lincoln, it will last you a long time!
Pride of saying you own a car (after it’s fully paid-off, of course)
Advantages of Leasing
Lower monthly payments
Smaller down payment in beginning
Car covered under warranty during lease for repairs
Newer car, newer features
Disadvantages of Buying
Large down payments based on credit score, income, and more
Higher monthly payments, depending on how you finance it
Selling can be a hassle
Responsible for maintenance costs after warranty
Disadvantages of Leasing
Never actually owning the car
Limited mileage with overage fees
Potentially more expensive in the long run If you decide to buy after
Lease contracts can be very confusing and restricting
We have laid out the pros and cons to both buying and leasing so now the decision is up to you! If you are still not sure which decision is right for you, stop into Mountaineer Lincoln and the friendly staff in our Finance Department would be happy to assist you!