Getting Your Set of Wheels: Lease or Buy in Cerritos CA

The best way to get around the sunny streets of Cerritos is by car. Whether you're braving the 605, or you're cruising up Studebaker Boulevard, there's no better feeling than being behind the wheel of a car you want. However, when it's time to get a car, you have the option to lease or buy. At Norm Reeves Genesis, we're here to go over your options to help you figure out which is right for you!

Keep reading to see if you'll lease or buy your next car in Cerritos!

The Benefits of Leasing Your Next Car

When you're setting out to find your next car, but you're not ready to commit to a purchase, you may want to consider a lease option. Leasing is a great avenue for drivers who aren't ready to settle down and finance a car, but are still in need of transportation. Leasing lets you get the car you want, but without being tied down to a purchase.

Leasing a car has plenty of benefits, namely with the lower price. You'll see lower monthly payments than you would if you'd have financed the vehicle. However, you're essentially renting the vehicle and paying off its depreciation, and when your lease term is up, you simply return the vehicle to the dealership, or you have the option to purchase it out of your lease.

The Advantages of Buying a Car

The number one advantage to buying a car is that you own it! You can do whatever you want with it, whether it's simply use it for your commutes, or to embark on that road trip that you've been dreaming about. The car is yours and you don't have to worry about how many miles you're putting on it, the type of visual changes you've had done, or any accessories you've added to the vehicle.

Leasing vs Buying: Which is Right for You?

While both options seem great, it all depends on how you feel. As you read, leasing requires lower monthly payments. However, you are limited by how many miles you put on the car. When you turn the car in at the end of your lease, the vehicle will be inspected thoroughly for any signs of premature wear or damage, so make sure that the vehicle is in pristine condition before turning it in, or the issues and defect costs could add up.

When you buy a vehicle, you can put as many miles on it as you want. After a while, you can even sell the car when you're ready to move on. You won't get any fines or added costs for scratches or stains, and most of your maintenance is covered under the warranty. However, after that warranty expires, any significant maintenance will be out of pocket.

When it's time to decide on your next car, and you're torn between a lease or buy, remember the advantages of both, so you can determine which option is better for you and your lifestyle. At Norm Reeves Genesis, we're here to help drivers in Cerritos find the right car and option!

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