Buy vs Lease in the Bronx, NY

When you’ve decided that it’s time to add a new set of wheels to your garage, you deserve to be fully informed on what your options are. Read this overview to learn about the differences between and benefits of buying and leasing a vehicle, then contact Nissan of the Bronx during our open hours to get in touch with our helpful representatives!
Buying
This is the option that most people are immediately familiar with. It’s a long term contract that entails paying a monthly installment with the eventual aim of being the sole owner of your chosen vehicle. The advantage of this is that there will be few limitations on what you can and can’t do with your model as you make your way through the Bronx, and you'll have a wide variety of models to choose from. You can even opt for pre-owned models if you are unable or unwilling to shell out the cash for a factory-fresh ride. To save even more money, feel free to trade in your current ride! We’ll make sure to provide you with the best possible deal we can.
Leasing
While lesser known than purchasing, this is still a popular choice. Agreements of this nature involve making monthly contributions on a vehicle in exchange for the privilege of borrowing it for a period of typically two to four years. An added benefit of this is that you’ll have access to all of our new Nissan models, as pre-owned vehicles aren’t available for leasing. It is worth bearing in mind that there’s usually an agreed-upon mileage limit, so you’ll need to plan your trips to and from Aileen B. Ryan Recreational Complex accordingly. Furthermore, there are plenty of options available to you once your contract has run its course, such as upgrading to a new model or converting to a purchasing plan.
Finance Department
In order to ensure that you can be cruising down Boston Road in your new set of wheels as soon as possible, consult with our Finance Department to get started on the process of buying or leasing. If you’d like to estimate what your monthly installments will look like, then use our Payment Calculator. The Pre-Approval form on our webpage can help you get the go-ahead for a loan before you even set foot on our lot. Additionally, you can value your trade-in with our finance tool to estimate your total buying power. We won’t rest until you end up in the vehicle of your dreams!