What to Know About Your MINI Finance Options in Shelburne, VT
Deciding whether to lease or buy a new car can be confusing, and numerous factors can influence your decision. Here at Mini of Burlington, our Montpelier customers often ask which is the best option. Buying and leasing both have their merits. You'll need to assess your situation to determine which is right for you. Here are some guidelines to consider when making your decision.
Financing
Conventional financing provides a path to ownership many Saint Albans area car buyers desire. When you buy a car, you have a great deal of freedom concerning how many miles you drive each year and what upgrades or modifications you add. You can also sell it or trade it in whenever it suits you. When you make your final payment, you may have years ahead of you with only expected maintenance costs out of pocket. Buying often provides excellent value.
Leasing
On the other hand, if you like to get a new vehicle frequently, a lease can offer you a no-hassle way to upgrade every few years. You only need to bring it back to the dealership and sign a lease on a new model. Leasing is also suitable for people who primarily only drive in the local Plattsburg, NY, area or keep their mileage low each year. In addition, monthly lease payments tend to be less than an auto loan.
We hope we've given you some insight on whether buying or leasing a new MINI is right for you. If you're ready to begin the process, you can apply online at our website for financing. Do you have any questions? Give us a call, and a member of our finance team will be happy to discuss your financing options in more detail. You can also stop by our Shelburne, VT, dealership to browse our new MINI vehicle inventory in person, speak with one of our sales team members, and go for a test drive in your favorite model.
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