Should You Consider a Loan or a Lease for Your Next Nissan Car?

When you're shopping for a new car in Atlanta and McDonough, deciding how to pay for it can often be just as important as choosing what to drive.

The right financing options can make the difference between a vehicle you can afford and a vehicle that never leaves the dealer lot. For most people, deciding on financing usually means choosing between buying a car with a loan and entering into a lease agreement. At Cronic Nissan, we know that it can be hard to decide which one's right for you.

Is a Loan or a Lease Right for You?

There are some benefits to buying a car with a traditional vehicle loan. The biggest is that you own the car. It's yours, and there's no restriction on what you can do with it. You also stand to save in the long run, if you can manage to pay off your loan. It's possible to enjoy years on the roads of Covington without a monthly payment.

The downside, of course, is that the monthly payments are bigger than what you'd enjoy with a good lease. Lease agreements frequently come with lower monthly payments, even without money down. Leases often also come with thorough warranty options, which can save you additional money on maintenance.

With a lease, however, you don't own the car. You need to give it back when the lease agreement expires. You may also have to deal with restrictions like annual mileage caps, as well.

Bring Your Financing Questions to Our Dealership Today

If you're still unsure whether a lease or a loan might be right for you, reach out to the finance team at Cronic Nissan. We can talk to you about all the options we have available, look at your situation, and help you decide which option is best suited to your budget and your life. We take pride in being a resource for our customers in Jonesboro, Stockbridge, and more.