Buying Vs. Leasing
Buy Vs. Lease
Decide What’s Best For You
When it comes to buying or leasing a car, the options can be confusing. To help you make an informed decision, we’ve provided the information below. Be sure to visit the Finance Center to learn about financing options for your new Nissan and check out the specials page to see the different lease offers.
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Buying
You own the vehicle and keep it as long as you want.
Leasing
You don’t own the vehicle, only use it for a set time and mileage limit.
Buying
Down payments range from zero to several thousand dollars, plus fees.
Leasing
Similar to buying, down payments can vary widely along with fees.
Buying
Can be higher than lease payments, but does allow you to gain equity in the vehicle.
Leasing
Monthly payments can be lower with a lease payment, because the bulk of payments are covering depreciation.
Buying
If you are financing, there can be a down payment ranging from zero to several thousand dollars plus other fees.
Leasing
Down payments can range from zero to several thousand dollars, plus other fees.
Buying
There are no mileage limitations, keeping in mind the higher the mileage, the less value it will retain.
Leasing
Leases have language that limits the number of miles allowed during the lease term. Going over this number will result in additional fees.
Buying
When you are ready to move on, once payments are finished, you can either sell your car or trade it in on another, again depending on if there is a balance owed.
Leasing
When your lease is up, you turn the car in, you walk away, start over with another vehicle, or if you like your vehicle, you have the option of financing it.
Lease Returns
Approaching the End of Your Lease?
Gurley Leep Nissan can handle your lease return at our Nissan dealership. No matter where you originally leased your Nissan , you can return your vehicle to our Gurley Leep Nissan dealership at lease-end.
Not ready to say goodbye? You don’t have to because you’ve got options! Whether you are looking to lease, return, or purchase the current Nissan you are in , our certified Nissan Salesmen are here to help you make the best decision. Be sure to check out our Dealership Specials if you do decide to lease.
Options
When your lease is complete, simply return the vehicle to Gurley Leep Nissan. Our Nissan Certified Sales Staff will be more than happy to show you the latest models and discuss additional options you may consider. Once you make your decision, our finance center will help you get the financing options available. If you consider buying a used car, then we invite you to look through our used car inventory. Simply contact Gurley Leep Nissan for more information.
Gurley Leep Nissan located in Mishawaka, IN is your premier lease turn-in dealership. Whether you leased your vehicle from us or from any other dealership, we will be more than happy to assist you in turning in your current Nissan. You will be responsible for paying any mileage overages or excessive wear and damage, but we’ll help you out on your next lease on how to go about avoiding those overages and extra fees.
If you have grown to love your current leased Nissan, then buying your lease is the best option for you! Not only will you get to keep the vehicle you love to drive; you won’t have to worry about any end-of-term obligations and fees.