Buying vs. Leasing: Consider the Benefits of Both

The Benefits of Buying a Car

• Investing, Not Renting: When you lease a vehicle, you’re really only renting it. When you buy, each monthly payment goes towards making the vehicle yours. When the loan is paid, you’ll be driving without monthly payments.
• Not Driving Restrictions: Most leasing deals put a limit on the number of miles you can drive each year, and the charges can be pretty steep for every mile you drive over that limit. This isn’t something you’ll need to worry about when you buy.
• Modify As You Choose: As well as restricting your mileage, lease deals prevent you making all but the most minor changes to the vehicle. Again, those restrictions don’t apply when you buy.
• Ongoing Flexibility: When the car is yours, you can sell it whenever you want. You can also use it as a trade-in for your next vehicle.

Find an Exceptional Range of New MINI Vehicles at MINI of Santa Monica

Whether you’re into leasing, eager to buy, or simply in need of further advice, the team here at MINI of Santa Monica can help – in fact, you can even predict costs using our online finance form or schedule a test drive. For any further assistance, simply contact us today.