What Does Leasing a Car Mean?

There are different ways to get a new car. If you choose to invest in your next ride through a car dealership, you can purchase your vehicle, or you can opt to lease it.

Unlike the traditional car buying process, leasing allows you to save money on maintenance and repairs based on your lease terms. Leasing a car also allows you to provide little or no down payment.

Spitzer Lincoln DuBois has a vast inventory of new Lincoln vehicles in different makes and models. And we help drivers enjoy a large selection through our seamless leasing process.

Our customer service associates will gladly assist you if you have questions about our leasing requirements and the specials you can avail of. You can also test-drive our available cars to help you evaluate your choices.

Visit our trusted Lincoln dealership in DuBois, PA, to learn more about our incredible Lincoln lease deals today!

What Happens When You Finance a Car?

Buying a car is the traditional way of acquiring a vehicle. And most drivers choose this option with an opportunity to finance their cars.

Financing entails submitting applications to lenders and financial institutions for auto loans. Once approved, depending on your credit score and history, you’ll be given your interest rate, determining your monthly payment during your loan term.

If you agree with the interest rate, your loan will be processed, including your bank information and payment terms. Once processed, you can drive the car you chose out of the dealership’s lot in no time.

Pros and Cons: Leasing vs Financing

Leasing and financing a car has advantages and disadvantages.

When you choose to lease, you can save money on down payments, monthly payments, and maintenance costs. You’ll also have the option to buy and keep the car at the end of your lease term. At the same time, you can trade your vehicle for a better model when your lease is up and start another contract with the dealership.

However, leasing gives you limitations on mileage. It also may prove more expensive in the long term because you’ll be paying for a vehicle for the lease period but do not get to keep it.

On the other hand, when you choose to buy and finance a car, you’ll be paying for the vehicle you’ll eventually own. And you can customize or sell it at your discretion once paid off or trade it in if you prefer to get a better model over time.

The disadvantage of financing over leasing is paying a higher monthly payment until the car is paid off. You’ll also be responsible for paying for its upkeep once your warranty has expired.

Your Destination for Everything Lincoln

Whether financing or leasing your car, Spitzer Lincoln DuBois will ensure you’ll get the best deals and experience the most seamless customer journey you’ll love.

When you buy a Lincoln from us, we’ll provide you with the best Lincoln financing deals through our Finance Center. And when you lease, we’ll give you the same incredible deals through the help of our expert finance consultants.

We also have our in-house Service Center for all your Lincoln maintenance and repair needs. Just inquire with our friendly customer service staff to set an appointment.

Visit Spitzer Lincoln DuBois in DuBois, PA, and drive home your dream Lincoln model today!