Buying vs. Leasing in Grand Rapids, MI

Lease a in Grand Rapids, MI

The car-buying process can be an exciting time in your life. After finding the perfect vehicle, the next step is purchasing said vehicle. Two popular auto buying options are auto financing or leasing. At Courtesy Chrysler Dodge Jeep Ram, our drivers in Grand Rapids, Michigan often pick between one of these financing options. While both are considerable buying choices for getting your vehicle. There are still things to think about depending on your budget, lifestyle, and driving needs. Check out our buying vs. leasing guide that we've put together down below to see how these options compare. Once you're ready, contact our auto finance experts at our CDJR dealership in Grand Rapids, MI. We look forward to helping you get the process started!  

 
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Finance Department

Benefits of Leasing vs Buying from our Grand Rapids, MI Dealership

BenefitsLeasingBuying
Ownership x
Lower Down Paymentx
Lower Monthly Paymentx
No Mileage Limit x
Vehicle Customization x
Easier Trade Inx

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Grand Rapids, MI | Grandville, MI | Walker, MI

Leasing:
When deciding to lease your next Chrysler, Dodge, Jeep, or Ram vehicle, you're choosing flexibility. With auto leases, the decision to turn the keys over when you're done, or purchasing the vehicle outright, is up to you. Our auto leases also allow you to upgrade to a newer model, a more expensive trim package, or even walk away once your contract is over. Don't forget, when you choose to do an auto lease, you're not working towards ownership. You still must abide by the mileage limits that you agreed upon prior. Failure to do so may end up in hefty fines. Usually, drivers who choose to go with an auto lease have a lower down payment than a driver who chooses an auto loan. So, are you a driver that loves the newest and shiniest model, low monthly payments, and great accessories? If this sounds like you, reach out to our auto lease specialists in Grand Rapids, MI today.
 


Financing:
If you decide to finance your next vehicle at our CDJR dealership, you're working towards ownership. Unlike auto leases, choosing an auto loan will allow you to own the vehicle in the end. If you're a driver that likes to customize their vehicle with performance parts, technology, or accessories, owning your vehicle may be a wise choice. Your monthly payments may be higher than those with auto leases, but, once you finish all your monthly payments, that vehicle is yours. Say if you decide to sell it, you will pocket the money from that sale directly. At Courtesy CDJR, we also recommend that our Grand Rapids, MI drivers who are driving more than 12,000 miles a year should choose to finance. So, are you a driver who dreams of owning their own vehicle that they can customize to be uniquely theirs? If so, get in contact with our auto loan specialists at Courtesy CDJR today!

Choose the Right Financing Plan for You

At Courtesy CDJR, our auto finance experts are here to serve you! We can help answer any questions that you may encounter between auto leasing and getting an auto loan. We can also help you with so much more. From helping get the best trade-in value to monthly payment estimates, we can help you save in many ways! If you're considering getting a new or used vehicle, then visit our Grand Rapids, MI dealership. No matter if you have bad credit, or no credit, our auto finance experts are able to work with all kinds of drivers. Let us know what questions you have today!


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  Hours

Dealership Hours
Mon, Wed, Thur9:00am - 8:00pm
Tu, Fri9:00am - 6:00pm
Saturday10:00am - 4:00pm
Sundayclosed
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