Buying vs. Leasing

Explore Your Options at Brown's West Branch

Buying vs. Leasing in West Branch, IA: Which One is Right for You?

When you buy a new car from Brown's West Branch, you will likely choose between two payment methods: buying and leasing. While both of these options have benefits, you might find that one option suits your budget and lifestyle better than the other.

The Pros of Buying

When you buy a vehicle to drive in Cedar Rapids, you do so by financing it. Financing involves taking out an auto loan, giving you the ability to buy the car immediately. Being able to take ownership of the vehicle right away is the major advantage of buying.

The Cons of Buying

The only real downside of buying a vehicle is that you have to pay back the auto loan. This can take a lot of time, and the loan will accrue interest. If you aren't interested in making long-term payments on a vehicle in Coralville, then leasing might be right for you.

The Pros of Leasing

When you lease a vehicle, you don't take ownership. Instead, you pay a monthly fee to drive the vehicle around Iowa City for the duration of the leasing period. At the end of the lease, you can have three primary options: return the vehicle to the dealership, trade it in for a new vehicle to lease, or buy the vehicle. When you lease a vehicle, you don't have to get locked into long-term payments for a vehicle, and you maintain some flexibility with your options at the end of the leasing period.

The Cons of Leasing

The primary disadvantage is that you don't take ownership of the vehicle right away. You can't modify the car, and you have to be careful not to commit lease violations.

Finance or Lease a Car Today at Brown's West Branch

Whether you end up leasing a car in North Liberty or buying one to take home in Muscatine, at Brown's West Branch we will help you find the financing option that works best for you. To learn more about buying or leasing a vehicle from our dealership, contact us today!

  1. Browns West Branch Chrysler Dodge Jeep Ram

    205 Tidewater Dr
    West Branch, IA 52358-9654

    • Sales: (319) 249-2233
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