Nissan Auto Loans vs. Auto Lease in Cocoa, FL, Serving Merritt Island, Melbourne, Palm Bay, & Titusville

Nissan Auto Loans vs. Auto Lease in Cocoa, FL, Serving Merritt Island, Melbourne, Palm Bay, & Titusville

Mike Erdman Nissan in Cocoa, FL – serving Merritt Island, Melbourne, Palm Bay, and Titusville ‐ wants to help you make the right decision, so we put together a helpful guide for Nissan auto loans vs. auto leases. You can also take our quick Buy vs. Lease test online to get an idea of where you stand.

Buying

The obvious benefit of buying your Nissan vs. leasing it is the ability to have ownership of your vehicle after the payments are complete. Owning your vehicle gives you the option to customize your exterior and interior to meet your needs. This means you have full control over your vehicle and can even do your own repairs. There's also no limit on how many miles you can drive within the year. But when buying a new Nissan, you can expect slightly higher payments than a lease agreement and total responsibility for all car expenses and repairs.

Leasing

Leasing a Nissan gives you the ability to pick and try out different models without a full commitment. If you appreciate having the latest models and lower payments, leasing might be the right option for your lifestyle. When leasing, you need to heavily consider how many miles you're driving each year or you might face overage charges. Leasing is best for people who don't care to customize or personalize their vehicle because you won't have ownership of the vehicle. You will, however, be able to trade in the vehicle and get a new one or choose to purchase your vehicle after your lease has ended.