Buy vs Lease near Gainsville, FL

Choosing to purchase or lease your next vehicle can be a big decision you may not necessarily be prepared for. If you find yourself to be within this demographic, then allow us at Titan Chevrolet near Gainesville to help you make a choice! In the interim, read the brief overview to learn more. 

To begin, we'd like to go over leasing first. This process can essentially be equated to renting, as you do not technically own the vehicle. Instead, it remains with you for around two to four years, and during this time, you will be affording the average depreciation rate of this model. These costs are dependent on the mileage limit you have set at the beginning of the contract, so they can be negotiated in accordance with your needs. Once this deal comes to an end, you can choose to continue leasing another vehicle, purchase the current one for its remaining value, or simply hand in the keys and walk away after a brief inspection process.

If you'd like to drive across Route 441 in a vehicle you own, then you'll want to speak with our Finance Department. That way, our team can put you in possession of a purchasing agreement. These contracts last for around four to seven years, and during this time, you will be paying for the total sticker price of the vehicle. This increased investment comes with the boon of total ownership, meaning you will eventually not have to worry about making payments every month. Additionally, you can make physical adjustments such as getting a new set of wheel covers or coat of paint to better suit your personality. 

Choosing the best plan for you is a process that should take your individual needs into account. For instance, those who want a more affordable way of obtaining a factory-fresh car should look into leasing. However, if you would prefer something that leads to your ownership of the vehicle, then financing may be your preferred path. You'll also want to consider how long you may want to remain in the area. If you plan on leaving in the near future, then this can make or break your decision between the two avenues. For more help in finding the right vehicle for your trips to Sweetwater Wetlands Park, consider contacting us today!