Why Buying Might Be Best for You

Deciding on a new set of wheels and not sure whether to buy or lease? Both options have their ups and downs. Here are some points to ponder before you head down to the Dodge dealership.

Save Cash Over Time

In the long haul, buying usually ends up being cheaper. After you’ve finished paying off your loan, the car’s all yours, with no more monthly payments. This can be a real wallet saver over the years.

Make It Yours

Got an itch to customize? When you own your car, you can trick it out however you like, no questions asked.

Drive Unlimited Miles

If you’re always on the road and mileage limits sound like a nightmare, buying is likely your best bet. Drive as much as you want without fretting over extra fees.

The Flip Side of Buying

Heftier Monthly Payments 

Typically, your monthly payments will be higher than leasing because you’re covering the whole cost of the car.

The Drag of Depreciation

New cars lose value fast, especially in the first few years. When you buy, you’re the one stuck with the depreciation tab.

Maintenance Costs Can Add Up

After your warranty expires, you’re on the hook for all repair and upkeep costs, which can get pricey as your ride ages.

Leasing Is Flexibility at Its Finest

Lower Monthly Payments

Leasing often means you’re paying less each month since you’re only covering the car’s depreciation during your lease term, plus some fees and interest.

Always in a New Ride

Love that new car smell and the latest tech? Leasing lets you switch to a new vehicle every few years, so you’re always up-to-date.

But Leasing Isn’t Perfect

You Don’t Own It

When your lease ends, you hand back the keys unless you decide to buy it. You’ve been paying for something you won’t own.

Mileage Caps

Got a serious case of wanderlust? Leasing might cramp your style with its mileage limits. Go over, and you’re paying extra.

Should You Buy or Lease at the Dodge Dealership?

The choice between a lease or a purchase depends on what’s important to you. If you view your car as a long-term buddy, customizing your car is your thing, and you plan to rack up those miles, buying might be for you. If, instead, you want lower monthly payments, a new car every few years, and the idea of selling a vehicle gives you a headache, you should lean toward a lease.

In the end, both buying and leasing have their place. Are you ready to pick out your next car? Come by Northern Prairie Auto Sales in Wolf Point, MT, to browse our inventory.

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