Preston Mazda

Advantages of Leasing

When you are looking for a new Mazda model, you have the option of leasing or buying the vehicle. Each purchase option holds a variety of unique characteristics you can apply to benefit your lifestyle. Our professional staff invites you in for a visit to learn more about the different benefits of leasing or buying a Mazda model. We can help you find the appropriate benefits to fit your driving habits. Our team at Preston Mazda has compiled this helpful list below to get you started with trying to determine whether you want to lease or buy. Then come on down to your local Mazda dealership to pick out your new ride!

Pros of Leasing

  • The Mazda lease terms will only be the difference in the price negotiated with our team and the car’s expected value at the conclusion of the lease. You will only be responsible for the depreciation that occurs during the terms of the lease agreement.
  • Monthly payments are usually lower because you won’t have to pay the interest from a loan if you buy the vehicle outright.
  • You Mazda model should remain under warranty because leases typically last for three years
  • You will have access to the latest technology because you can switch your old Mazda in for a new model and get back on the road.

Cons of Leasing

  • Leases have mileage limits.
  • Vehicles will not build equity for you over the life of a lease.
  • Leased models cannot be modified.

Pros of Buying

  • You will not have any mileage restrictions.
  • You may keep your vehicle for as long as you want.
  • Payments end when your financing agreement concludes.
  • You have the freedom to customize your model.

Cons of Buying

  • Monthly payments are typically more each month with financing.
  • Interest rates are higher with longer terms.
  • You won’t be able to transition to the latest technology quickly.

Our expert financial team at your local Mazda dealer near Annapolis invites you to schedule an appoint to learn more about our different lease and buying options. We can help you create a plan to hone in on what choice will best benefit your lifestyle. We can use our lease calculator to find which Mazda model will be best for your budget. Come visit Preston Mazda today, and we can schedule a test drive for your next Mazda vehicle!

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