Buying vs. Leasing | Dallas, Georgia

Though most drivers assume they will pay cash or get a car loan when shopping for a new car, there is more than one way to get a new car. In fact, many car shoppers are turning to leasing as an affordable way to get the car of their dreams.

While there are pros and cons to buying and leasing, one financing method may be better for you depending on your financial situation and driving habits.



When you buy a car, you need a large down payment and substantial monthly income. Most lenders prefer to see about 10-20% in cash as a down payment, which is usually thousands of dollars when you buy new.  Buying also tends to cost more on a monthly basis; however, you also get to keep your car when payments are finished. For many, buying is the best option over the course of several years.



Leasing requires little to nothing down, and you also tend to pay less monthly than you would if you financed a car. Leasing is great for those on a fixed income and those who may not have a lot of money saved; some drivers prefer leasing because it lets you upgrade to a sports or luxury car you may not have afforded otherwise. The disadvantage to leasing is that you have to give the car back when the lease is up, and there are sometimes mileage restrictions.


Which is right for you? If you’re looking for long-term savings above all else, consider buying. However, if you like the idea of having a new car every few years or if you simply don’t have a lot of money saved, leasing may be right for you. Visit Paulding CDJR to speak to an expert about your financing and leasing options.

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Paulding Chrysler Dodge Jeep Ram

1246 Old Griffin Road Dallas, GA

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1246 Old Griffin Road Dallas, GA

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