Buying vs. Leasing – What’s the Difference? for Sale in Columbia, SC

February 22nd, 2018 by

Buying vs Leasing

Contact Us

If you’re like most folks in West Columbia or Irmo shopping for a new vehicle, then there’s a good chance that you’re working on a budget. This means you probably won’t be paying for your new car up front. Instead, most people who shop here at Midlands Mazda will choose to finance or lease their new vehicle.

Benefits of Buying

Many people who come to our dealership from Lexington and the surrounding areas want to finance their vehicle. There are a variety of different advantages, including:

  • Ownership – Each monthly payment you make on a financed vehicle is helping you build equity. By the time you finish paying off the vehicle – usually 36, 48, or 60 months – you’ll own the car outright.
  • Customization – When you own your car, you can do what you want with it. Add a custom paint job, put in a custom stereo system, or install performance-enhancing equipment. You won’t be penalized for making it your own.

Benefits of Leasing

The other option is to lease a vehicle. With this option, you borrow the car for a period of time and have the option to purchase it or return it when the lease term is up. There are also a variety of different advantages to leasing as well:

  • Affordability – In general, vehicle leases come with lower down payments and lower monthly payments. This means that you can afford to drive a nicer vehicle for less, while keeping more money in your account every month.
  • Newest Features – Leases usually come with shorter terms than financing plans, usually 24 or 36 months. This means that as soon as your lease is done, you can bring it in and get a new lease on a vehicle with the latest technology, performance, and design features installed.

Explore Your Finance Options at Midlands Mazda

Which is the better option for your next car? Visit Midlands Mazda to take a test drive, compare the Mazda CX-9 to the Honda Pilot, and to chat with our finance staff about the differences between financing and leasing. Contact us to learn more about how Midlands Mazda service center can benefit you, or visit our showroom in Columbia.

  • What is the Southeast Crab Feast?

    The Southeast Crab Feast is a gathering of friends, family, and the community of Columbia for the purpose of enjoying fresh seafood and coastal heritage. Any proceeds from the event go to charities such as the Saint Jude Children’s Hospital, the Susan G Komen Breast Cancer Foundation, and the American Cancer Society. Contact Us What…

  • Dine at the Best Italian Restaurants in Columbia, SC

    In the mood for some rich and hearty pasta? Columbia has a slew of Italian restaurants to choose from. Before you get ready for a night out with a scrumptious slice of tiramisu, explore our best Italian restaurants in Columbia, SC at Midlands Mazda. Contact Us Villa Tronco Italian Restaurant Located in a converted fire station,…

  • Best Summer Activities in Columbia, SC

    Summertime is here, which means fun summer activities in Columbia, SC. Find something new in town to try when the weather is nice. Make the trip from Irmo or Lexington to try one of our favorite summer activities this year, the follow it up with a visit to one of our favorite Italian restaurants or favorite…

Posted in Finance