Buying vs. Leasing
Buying vs. Leasing
Weigh Your Options
When deciding on a new vehicle, choosing whether to buy vs. lease can be challenging. It varies from individual to individual, depending on the advantages you seek. As your automotive experts, we’re here to assist you in weighing the advantages and differences of buying vs. leasing a vehicle. Keep reading to discover which option best suits you, and visit our Chrysler Dodge Jeep Ram dealer to start your journey!
Buying vs. Leasing: What’s the Difference?
As a driver, do you find yourself wanting to switch up your car every year or two? If the answer is yes, then leasing a vehicle may be a better-suited option than buying. If you’re looking to invest in your vehicle and build equity, purchasing a vehicle may be your better option. Below you’ll find the key differences between buying vs. leasing to help you make an informed decision.
Buying |
Leasing |
|---|---|
|
Ownership You own your vehicle for as long as you wish on your own terms |
Leasing You are under a lease contract with terms for a designated amount of time |
|
Loan payments you will pay off the vehicle over time |
Lease payments Lower monthly payments for the vehicle’s depreciation and lower maintenance/service costs (Most automotive brands include the maintenance for 2-3 years) |
|
Reselling When you decide you want a new car, you will have to either trade-in or sell it |
Trading In At the end of your lease, you simply return it to the dealer without any worry of reselling |
|
Investing Even though your vehicle’s value will depreciate, you’ll still have equity and cash value |
Renting Although the value of the vehicle you lease has no future effect on you, you will have no equity or investment in it |
|
Unlimited Mileage Though more miles equals lower trade-in value, when you own your vehicle, there is no cap on the number of miles you can drive |
Limited Mileage A majority of leases limit the number of miles you can drive, and often, you have to pay for surpassing the limit |
|
Ability to Customize Since you own your car, you can customize any part of your vehicle on your own terms |
Lease Restrictions Having to return your leased vehicle in the same condition limits you from modifying your car in any way |
|
Final Payments Once you’ve paid off your car loan, you have no further payments to worry about |
Renewing Payments At the end of your lease, you can choose to purchase the car or decide on a new car to lease |
The Choice is Yours
Leasing a car is a lot like renting an apartment; buying a car is a serious commitment and investment of your money. There are distinct downsides to both buying vs. leasing a vehicle, but there are also plenty of advantages to both processes. There is no incorrect choice when it comes to buying vs. leasing. It all depends on which process works best for you. Are you still conflicted on whether to buy vs. lease your next vehicle? Speak with our team, and we’ll work with you individually to find the best option for you.
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1
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11
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$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
11
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
12
VIN:
2C4RC1S70PR523212
Stock:
W0573
Model:
RUET53
In Stock
Ext.
Int.
Features
-
Adaptive Cruise Control
-
Bluetooth®
-
Heated Steering Wheel
-
Remote Start
-
3rd Rear Seat
-
Android Auto
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.2023 Chrysler Pacifica Hybrid Limited Ceramic Gray ClearcoatPreston Chrysler Dodge Jeep Ram of Wilmington is pleased to offer this 2023 Pacifica in..
-
$10,630 SAVINGS$46,950 Preston Price
- $57,580
- Dealer Discount: -$3,380
-
- -$7,250
- Preston Price: $46,950
-
- -$6,000
- -$500
-
$10,630 SAVINGS$46,950 Preston Price
- $57,580
- Dealer Discount: -$3,380
-
- -$7,250
- Preston Price: $46,950
-
- -$6,000
- -$500
$881
/month
2.9%
APR
72
months
- Documentation Fee $599
- Starting Price $57,580
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers on approved credit by Stellantis Financial Services. Not all buyers may qualify. Offer assumes 0% down payment. $15.15 per Month per $1,000 Financed at 2.9% APR for 72 months. Please see dealer for details. Offer expires on 6/3/2024 12:00:00 AM.
$881
/month
2.9%
APR
72
months
- Documentation Fee $599
- Starting Price $57,580
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers on approved credit by Stellantis Financial Services. Not all buyers may qualify. Offer assumes 0% down payment. $15.15 per Month per $1,000 Financed at 2.9% APR for 72 months. Please see dealer for details. Offer expires on 6/3/2024 12:00:00 AM.
$824
/month
10,000
miles
36
months
- Documentation Fee $599
- Starting Price $57,580
- Due At Signing $6,582
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee and $595 lease acquisition fee. Available to well-qualified lessees on approved credit by Chrysler Capital. Not all lessees may qualify. Offer assumes 10% down payment and $6,582 due at signing. Cash due at signing includes $5,758 capitalized cost reduction and first month's lease payment of $824. Actual net capitalized cost $53,016. Total payments equal $29,664. At lease end, purchase for $27,063, plus any official fees and taxes related to the scheduled termination and excess wear and use. Please see dealer for details. Offer expires 6/3/2024 12:00:00 AM.
$824
/month
10,000
miles
36
months
- Documentation Fee $599
- Starting Price $57,580
- Due At Signing $6,582
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee and $595 lease acquisition fee. Available to well-qualified lessees on approved credit by Chrysler Capital. Not all lessees may qualify. Offer assumes 10% down payment and $6,582 due at signing. Cash due at signing includes $5,758 capitalized cost reduction and first month's lease payment of $824. Actual net capitalized cost $53,016. Total payments equal $29,664. At lease end, purchase for $27,063, plus any official fees and taxes related to the scheduled termination and excess wear and use. Please see dealer for details. Offer expires 6/3/2024 12:00:00 AM.
1
/
27
VIN:
2C3CDXJG8PH573048
Stock:
W0626
Model:
LDES48
In Stock
Ext.
Int.
Features
-
Bluetooth®
-
4WD/AWD
-
Android Auto
-
Apple CarPlay
-
Aux Input
-
Keyless Entry
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.2023 Dodge Charger SXT Pitch Black ClearcoatPreston Chrysler Dodge Jeep Ram of Wilmington is pleased to offer this 2023 Charger in..
-
$4,590 SAVINGS$34,900 Preston Price
- $39,490
- Dealer Discount: -$4,590
- Preston Price: $34,900
-
- -$4,250
- -$500
-
$4,590 SAVINGS$34,900 Preston Price
- $39,490
- Dealer Discount: -$4,590
- Preston Price: $34,900
-
- -$4,250
- -$500
$701
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $39,490
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$701
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $39,490
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
1
/
10
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
-
$8,500 SAVINGS$20,495 Preston Price
- $28,995
- Dealer Discount: -$8,500
- Preston Price: $20,495
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
$517
/month
7.9%
APR
72
months
- Documentation Fee $599
- Starting Price $28,995
- Down Payment $0
*Excludes tax, title & fees
Disclaimers
All prices exclude estimated taxes, title, licensing, and some dealer fees. Payments include $599 dealer fee. Available to well-qualified buyers. Not all buyers may qualify. Offer assumes 0% down payment. at 7.9% APR for 72 months. Please see dealer for details. Offer expires on 5/31/2024 12:00:00 AM.
*ALL PRICES INCLUDE FREIGHT, DESTINATION AND UNIVERSAL QUALIFYING REBATES. Pricing of vehicles on this web site does not include options that may have been installed at the Dealership. Customer may qualify for additional rebates. Pricing may include current promotions, incentives, conditional offers such as First Responder Bonus Cash and/or additional conditional bonus cash. Prices may include financing with Chrysler Capital. Monthly payment calculator is an estimate and does not include tax, title, license or doc fees of $599.00. Please contact the Dealership for latest pricing and monthly payment. Published price subject to change without notice to correct errors or omissions or in the event of inventory fluctuations. Price good for 2 days only, please contact store by email or phone for details. While every effort has been made to ensure display of accurate data, the vehicle listings within this web site may not reflect all accurate vehicle items. Accessories and color may vary. All Inventory listed is subject to prior sale. Every effort will be made to hold your vehicle of interest but may be sold prior to the time of purchase. In the event your vehicle of interest is sold, we will do our best to find a like model. The vehicle photo displayed may be an example only. Vehicle Photos may not match exact vehicle. Though we make every effort to provide you the most accurate, up-to-date information, occasionally, one or more vehicles on this website may be incorrect due to typographical, photographic, occasional human or technical error. We reserve the right to refuse to honor any incorrect internet prices as we cannot account for the occasional human or technical error. Please confirm vehicle price with Dealership. See Dealership for details. Based on 2018 EPA mileage estimates, reflecting new EPA fuel economy methods beginning with 2008 models. Use for comparison purposes only. Do not compare to models before 2008. Your actual mileage will vary depending on how you drive and maintain your vehicle. 5/1/2024
Max payload/towing estimate ratings shown. Additional options, equipment, passengers, and cargo weight may affect payload/towing weights. See dealer for details.
More Info
| Monday | 8:30AM - 8:00PM |
| Tuesday | 8:30AM - 8:00PM |
| Wednesday | 8:30AM - 8:00PM |
| Thursday | 8:30AM - 8:00PM |
| Friday | 8:30AM - 8:00PM |
| Saturday | 8:30AM - 6:00PM |
| Sunday | Closed |
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | 8:00AM - 5:00PM |
| Sunday | Closed |
| Monday | 8:00AM - 6:00PM |
| Tuesday | 8:00AM - 6:00PM |
| Wednesday | 8:00AM - 6:00PM |
| Thursday | 8:00AM - 6:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | 8:00AM - 5:00PM |
| Sunday | Closed |
Dealer Comments