When it comes to picking out the perfect vehicle from our new inventory, you may be wondering which finance path is best for you. There are benefits to financing and leasing, but ultimately it comes down to what your budget and needs are. Read on to learn more!

The Differences Between Financing and Leasing

You may want to purchase a new vehicle if you want to drive the same vehicle for many years and want complete control. When you purchase and finance a new Dodge or Ram model, you have control over the mileage, customization, and service schedule. Your monthly payments will be higher, but you will own the vehicle at the end of your payment plan.

With leasing, you pay for several years to drive your new Dodge or Ram model. Once your payments are up, you can trade the vehicle in, purchase it, or return it to the dealership with ease. Leasing may be right for you if you want to drive the newest vehicles and want a lower monthly payment. Leases typically have mileage limits, service schedules, and other rules you must follow.

Visit Larry H. Miller Dodge Ram Peoria to Learn More

If you would like to learn more about all the financing and leasing options we have to offer, we encourage you to visit our dealership in nearby Peoria, AZ, and visit our finance center. Our expertly trained team members can help you find the perfect solution for your unique needs and budget. We make it our mission to help every driver head home in the vehicle of their dreams. We look forward to working with you soon!

Categories: New Inventory, Finance