Not everyone is an expert on the Mazda financial process, so buying a new car can feel stressful. Thankfully, we have a reliable and high-quality finance center here at your local NC Mazda dealer. Our Mazda finance team has put together some information concerning the decision to lease or buy your Mazda vehicle.
When to Buy a MAZDA
Those who want to eventually own their vehicle fully, are ready to regularly maintain it, and have the funds for upfront/monthly payments should choose this route.
Most buyers will need a car loan for this process. After researching, applying, and being approved for a proper loan, buyers make a down payment and monthly payments until the car is fully paid off. At that point, drivers will have complete ownership of their Mazda vehicle, and will not have regular payments.
This method requires a down payment and higher monthly rates, but it provides drivers with an asset as the car can later be re-sold.
When to Lease a MAZDA
Those who like to switch cars often while avoiding the re-sale process, don’t want to have the responsibility that comes with owning/maintaining a Mazda vehicle, and don’t have the funds required for buying should lease their car.
After choosing a vehicle to rent, leasers take out a lease agreement for a fixed period through a local dealership. After that period, leasers return the car to the dealership and can take out another lease agreement for a different vehicle
This method saves money upfront and usually affords lower monthly payments. It disallows vehicle modifications and doesn’t result in the driver owning a valuable asset, but it also negates the responsibility of carefully maintaining one’s vehicle and then re-selling it.
Fields MAZDA of Asheville Finance Center
Check out our Mazda finance specials from the comfort of your couch, then come visit our finance center for one-on-one expert advice regarding leasing, buying, or anything else you’d like to learn about. Trust Fields Mazda of Asheville with all your automotive needs!
