Buy vs Lease near Detroit, MI
Once you find the perfect Acura model to motivate your daily commutes, you have to decide whether you would like to finance or lease your prospective set of wheels. Neither option is better than the other, and they both boast plenty of financial and driving benefits! Your choice all comes down to what will fit your needs the best, which is why we at Acura of Troy are here to inform you about all of the details. When you are ready, stop by our Finance Department at 1828 Maplelawn Drive in Troy, MI!
How Do I Lease a Vehicle?
Starting off with the less-common route taken, leasing is growing in popularity more and more for several reasons. For drivers that get bored of their vehicle very quickly or simply can’t afford the monthly rate associated with the full sticker price of a vehicle, this will be right up their alley. That is because leasing is synonymous with borrowing and allows you to drive the vehicle that you are interested in for a predetermined mileage and time frame that is settled on here at the dealership. The benefit of doing so is that your upfront payment and monthly contributions will be far lower than financing because you will only be contributing toward the vehicle’s depreciation while it is in your possession. Then, you will be able to take advantage of our lease end offers like upgrading, handing in the keys and walking away, or purchasing the vehicle for its remaining value.
On the other side of the automotive acquisition spectrum is the ability to purchase your model for its full value. How this works is that you will come down to our location and work one-on-one with one of the experts in our Finance Department. First, we will divide the full cost of the vehicle over an extended period of time that generally lasts from four to seven years. Then, you will just have to give us your down payment, and you will be able to cruise away in the vehicle of your dreams! If you are the type of driver that would like to see a return on your investment, then you can get the ball rolling today by tapping into the helpful features that we have listed underneath the Finance dropdown at the top of your screen. Here, you will find the Payment Calculator that allows you to determine your buying power and potential monthly rate. If everything looks good, fill out our online Finance Application so we can get in touch with our trusted lenders.
Both of these paths share one thing in common, and that is having access to premier Acura models here at Acura of Troy. You can get an idea of what will fit your needs best from the comfort of your home by double-clicking the New Vehicles dropdown at the top of your screen! After that, you can let us know the year and model that pique your interest by tapping into the filters on the left side of your screen. If you are interested in securing an SUV that boasts ample cabin space and safety features for the entire family, consider the Acura RDX or MDX. If you would prefer power and efficiency, then you will certainly be into the Acura TLX or ILX!
Have you made your decision of whether you would like to buy vs lease near Detroit, MI? If so, you can visit our Finance Department today here at Acura of Troy to finalize your contract.