Buying vs. Leasing

Buying or Leasing a New Dodge, Chrysler or Ram

If you're deciding whether to lease or to buy a new Dodge, Chrysler, Ram below are some guidelines to help you understand the differences between them. In general, you need to have a higher credit rating to lease a vehicle as opposed to buying. But for some people, who like to drive a new car every few years, it might be the better option. Fort Collins Dodge Chrysler Ram offers competitive lease and finance rates and will always provide you the right information in order to make the best decision for you. Whether you end up leasing or buying it's really a personal choice based on your driving habits, requirements and preferences. Our sales consultants can review leasing and financing in more detail if you give us a call.

Candidates for leasing a New Dodge, Chrysler or Ram

• Have solid/high-rated credit
• On average drive 12,000 miles or less per year
• Likes to drive a brand new vehicle every few years

Candidates for buying a New Dodge, Chrysler or Ram

• Likes to drive a vehicle for as long as it runs well
• Drives 15,000+ miles per year

Benefits of Leasing

• Lower down payment
• Lower monthly payment vs buying the same vehicle
• Lower repair costs due to shorter terms of leases
• No need to trade in a vehicle at the end of the lease
• Sales tax paid only on the monthly payment, not the entire vehicle

Benefits of Buying

• You own your vehicle after you have purchased or financed
• Buying is more economical in the long run if you keep your car for several years
• No penalties for excess mileage or wear and tear on the vehicle
• You can sell your vehicle whenever you want

In Summary, assuming your credit score is good and you don't too drive many miles per year you can choose between leasing and buying. Leasing allows you to get more vehicle for the same monthly payment versus buying and you will be able to drive a brand new car ever few years. Buying will generally be more economical in the long run if you service your car well and drive it for several years. Please call us if you would like more information on leasing or buying a new vehicle.