Lease Vs. BuyYour Need-to-Know Financing Guide


Ready to explore the merits of leasing or financing your next daily driver here at DeFOUW Automotive?

With so much to consider, you may need guidance in this fact-gathering process. Allow our team in Lafayette to assist in analyzing what purchasing and leasing a new vehicle from our showroom lineup will look like, discussing the benefits of both options to help you discover a personal financing fit that makes sense on an individual basis.


Why Lease?

For a short-term commitment, our team recommends considering the current lease options on new vehicles available. The flexibility of this financing avenue is advantageous in the following ways:

  • Lower monthly payments
  • Minimized down payments
  • No trade-in provisions
  • Some new vehicle ownership privileges
  • Warranty coverage on leased vehicle
  • Option to purchase vehicle at end of lease agreement


Why Buy?

A long-term ownership outlook is expected when choosing to buy a vehicle over leasing, with privileges that match this specific theme. These factors are as follows:

  • Avoid mileage restrictions
  • Customize to your liking
  • Avoid wear and tear charges
  • Build equity through investment
  • Pride in ownership
  • No monthly payments after loan is paid


Discuss the Lease vs. Buy Decision with our Finance Experts Today

Ready to dig deeper into this conversation? Our finance experts are available for consultation at our convenient Lafayette dealer location today. Stop by to discuss the buy vs. lease consideration when financing your next vehicle, as our team is happy to review these details with customer context accounted for. Our finance team can then walk you through the next steps, from the finance application required for an auto loan to the specific questions you may have in regards to the financing process in general.

 

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Contact

DeFOUW Automotive

320 Sagamore Pkwy S
Directions Lafayette, IN 47905

  • Sales: (765) 347-9443
  • Service: (765) 347-9812
  • Parts: (765) 347-9063

SALES HOURS

  • Monday 8:30 AM - 8:00 PM
  • Tuesday 8:30 AM - 6:00 PM
  • Wednesday 8:30 AM - 8:00 PM
  • Thursday 8:30 AM - 8:00 PM
  • Friday 8:30 AM - 6:00 PM
  • Saturday 8:30 AM - 5:00 PM
  • Sunday Closed