Acura Leasing or Financing – Which is Better?
There’s always a debate raging over which option is best when you buy a new Acura. Is Acura leasing the better way to go, or is it best to finance your new car? While the decision ultimately is up to you, here are a few questions to help you decide the best route for you.
Do You Want to Always Drive a New Car?
It’s attractive to drive the newest models all the time, with the latest features, the best safety equipment, and the hottest new looks. If you’re someone that finds these things important, Acura leasing may be a good option. Leasing offers the ability to always drive a newer vehicle. That way, when a new model comes out, it’s never very long until you can get behind the wheel.
Do You Drive a Lot?
While Acura leasing options include flexible mileage terms, you might find that you drive past the allotted mileage if you have a long commute or love to drive all the time. Financing may be the better route to avoid over-mileage penalties.
Are You Concerned About Repair Charges?
Vehicle repairs are getting more expensive as technology is increasingly integrated in vehicles. While your Acura is under warranty, those repairs don’t cost you a dime. But when your warranty expires, repair costs can add up. With Acura leasing, you typically have new vehicle warranty for most of your leasing term. Maintenance and repair charges are minimal. If you’re concerned about the cost of repairs once warranty is up, leasing is a good option.
Do You Like to Own What You Drive?
While you can always buy out your lease, financing builds equity in your vehicle as you make your payments. After your financing term is complete, you own your vehicle without payments. It’s a fantastic feeling, and no matter your Acura’s age, you can be assured there’s still plenty of value in your car.
Do you have more questions on whether Acura leasing or financing is right for you? Let us help! Jay Wolfe Acura in Kansas City is your best choice for Acura sales and service. Let us show you the Jay Wolfe Difference!