Buying vs. Leasing at Tyler Automotive in Niles, MI

Sit Down with Our Finance Team at Tyler CDJR!

When you're ready to move forward with a vehicle you love, there are two choices: Buying the vehicle outright or leasing it. Each has its own benefits and drawbacks that shouldn't be overlooked when making your final decision. Luckily, at Tyler CDJR, we have a dedicated finance team here to help all Edwardsburg drivers!

Auto Financing

Ownership is the main draw of traditional financing. After you finish your monthly payments, you will own the vehicle free and clear. Ownership also means drivers can eventually sell, trade, or gift the vehicle.

Another benefit to traditional financing is that drivers are also free to customize their vehicle due to the ownership. You can put your own personalized touch to make it more unique and comfortable. Financing payments are typically a little more than leasing terms, but drivers will not be strapped down with mileage restrictions. Often, depending on your lifestyle, traditional financing is also more cost-effective in the long run.

Auto Leasing

Leasing offers a wide range of flexibility for Elkhart, IN, buyers. Leasing allows for lower monthly payments than traditional financing, and often many added warranties are attached to the chosen vehicles. This is a great option for drivers that love getting the latest vehicle models or want to switch it up every few years.

The main downside, depending on your lifestyle, is that you will never own the car. While leasing gives the driver more opportunities to try out new vehicles, there are restrictions set within the lease terms for mileage and add-ons.

Learn More at Tyler CDJR Today!

Contact our team to learn more about each financing option and how we can help buyers from South Bend, IN, to Mishawaka, IN, today. Head to our dealership and book a test drive. We can't wait to help you drive off in your dream car, so reach out to us soon!