Buy Vs. Lease A Car Pros And Cons In Rockville, MD

So many of our guests toil over the decision to lease vs. buy a car. They wonder which way is the better deal. They wonder which one will make them happiest. DARCARS Volvo Cars are about to reveal a huge secret. Are you ready? Both deal structures are designed to give you an exceptional ownership experience, and the best one to pick means that it's the best one for you. Our vehicle specialist will take you through the ins and outs of each deal type so that you can dive away with total confidence.

Buying vs. Leasing a Car: Pros and Cons

Do you feel like you've spent too much time scouring the internet to determine whether it's better to buy vs. lease a car? Are you perhaps even more confused than when you started your research journey? We will demystify the process in straightforward terms, with no detail left out or unexplained. Keep in mind that the idea of pros and cons depends on your point of view.

• Leasing Lowdown - "Why would I ever lease? The car's not mine." Oh yeah? Do your neighbors get to drive it every day to work? Whose car is it, then? There is no trick or fine print or big secret with leasing. This innovative program was designed to protect the financial interests of car buyers that love to get into new cars more frequently. Period, end of story. If you know how much you drive per year, you only pay for the calculated portion of the vehicle's usage value. And guess what? You can always purchase your lease if you decide to keep it. Learn more about our Volvo lease benefits here.


• Purchasing Power - This one is pretty straightforward. If you love to own vehicles for a long time, drive a ton of miles per year, and view ownership as having an asset, then purchasing is for you. Like most people who buy, you keep your vehicle for about ten years. Depending on your down payment, your monthly cost of ownership over those ten years will sometimes be equal to or even less than a lease payment.

So why lease instead of buying a car? You love getting new cars faster and love paying less. When to buy vs. lease a car? You want to own it & love it without any usage limitations. It really comes down to that. What type of driver are you? Answering this question will determine whether it's better to buy vs. lease a car.

Buy vs. Lease Financing: Declassified

Both payment structures require a credit application. With an approval, you'll get an interest rate on your loan or a lease rate for your lease. Both of these rates define the cost of the borrowed money. Your interest rate reflects the cost of the full amount of the loan. Your lease rate is a fractional rate based on the portion of your usage. Explore your end of lease options or the best ways to transfer ownership. The team at DARCARS always has your financial interests at heart.