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Our goal is to help Aurora, IL drivers make the most informed decision when it comes to their next vehicle. Many have asked us to help them decide between leasing and financing their next vehicle, and we wanted to give you a general overview of each option. Our experts are here to answer any lingering questions, making sure you can feel confident with the decision that you make.

 

The Differences Between Leasing and Financing

Financing a vehicle means you will eventually own the vehicle in its entirety. The payment option that you choose will work towards the end goal of ownership so that you can drive the vehicle for as many years as you need. While this does come with higher cost and more responsibility, it lets you drive as far as you want and to modify the vehicle however you see fit.

Leasing has a monthly payment that allow you to drive the vehicle while the dealership still owns it. These payments are lower because they do not cover the full value of the vehicle that you chose, but only gives you a few years with limited mileage and other limitations. Leasing is a great choice if you want to upgrade to a newer vehicle every few years or if you want advanced technology more often.

 

Learn More About Leasing and Financing by Contacting Our Dealership

Our experts look forward to hearing from you so that we can help you make the decision about your next vehicle. Our Aurora, IL dealership has many new Mitsubishi models for you to choose from, making sure you can have the model you want with the payments you need.

We encourage you to reach out soon so that we can get you moving towards your next vehicle.

Categories: Finance