Loan Or Lease? Find Out Which Option Is Better For You At Your Preferred Crown Deale

Crown Automotive Group Is Your Destination For Financial Services

At Crown Automotive, we're here to help with any loan or leasing questions you may have. Below, you'll find a quick summary of the advantages and disadvantages of both options.

Advantages Of Leasing

If you're considering leasing, you'll be pleased to know of several advantages to this option:

• Lower monthly payments because you're essentially paying only the vehicle's depreciation value over your lease term instead of the full value of the car.
• You can trade-in your lease for a newer vehicle at the end of your 24- month or longer lease term.

Although there are many advantages to leasing, there are still some things you should consider:

• You are basically "renting" your new vehicle over an extended time, so you won't ever own it.
• You will be subject to a number of terms and conditions in order to ensure that your vehicle stays in sellable condition.
• Available mileage will vary depending on individual lease cotracts.
• You may be subject to excess wear and tear fee if you do not keep your vehicle in sellable condition.

It's important to check with your Crown finance advisor to ensure you understand all of these stipulations to avoid unnecessary costs at the end of your lease term.

Advantages Of Financing

If buying your next new vehicle seems like a better option for you, Crown is here to make your buying experience as pleasant as possible.

The main advantages of buying are:

• You own your vehicle and will have equity in the car.
• You can always sell your car or use it as a trade-in toward a newer car in the future.
• You also won't have to worry about excess mileage or wear and tear fees.
• You will find more flexible financing solutions which will give you the ability to better plan how you want to pay for your investment.

Our team is here to help you get the best possible loan amount, loan terms, interest rate and monthly payment available to you regardless of your credit score.

Buying your vehicle has great advantages, but keep in mind that your monthly payments will be higher, because at the end of your loan term the vehicle will be completely yours.

Visit Your Local Crown Dealership Today

Still have questions about leasing and financing? We're here to help. Stop by a Crown Dealership today, and one of our finance experts will help you every step of the way.

Crown Automotive Group is proud to serve drivers in Florida, Ohio and Tennessee!