• Chrysler
  • Jeep
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2681 Ridge Rd
Directions PO Box 449
Elverson, PA 19520

  • Sales: (888) 276-2210
  • Service: (888) 378-5187
  • Parts: (888) 690-2531

Leasing vs. Buying a New Car


Determine whether leasing or buying is a better fit for you.

To Buy or Lease? The Benefits of Both with Anthony D'Ambrosio Chrysler Jeep Dodge RAM

Choosing which new Chrysler, Dodge, Jeep, or Ram model that best fits your lifestyle is a great first step on the path to a better driving experience! However, after you find the right ride, the next decision is on how to take it home. You have two basic options, to either buy or lease your vehicle, and we here at Anthony D'Ambrosio Chrysler Jeep Dodge RAM have the facts that Coatesville, Pottstown, Reading, and Limerick drivers need to make the right choice.

The Benefits of a Leased Vehicle

Choosing to lease your vehicle is a great decision if you're the kind of person that always likes to be driving the latest and greatest. When you lease your Chrysler, Dodge, Jeep, or Ram vehicle, you'll generally be getting more vehicle for less money; instead of paying the vehicle's full price, you'll instead pay the difference between its full price and the projected value at the end of the leasing period. For example, if the vehicle you're leasing costs $60,000 brand-new and its expected value at the end of the lease is $35,000, that means you'll pay $25,000 over the course of the lease.

Even better, your leased vehicle has the benefits of being covered under warranty for repairs. Though it's your responsibility to keep it well-maintained and clean inside and out, as well as to keep it under the pre-determined mileage restrictions, you'll have all the newest technologies and most efficient or powerful engines at your command. And when your lease is over, you'll have a decision to make:

  • Purchase the vehicle and keep it as your own
  • Extend the lease
  • Start a new lease on a different vehicle
  • Simply complete the lease return process and walk away without any further responsibility

There are a number of steps involved in the lease return process, of course, but it basically all boils down to these four options. The choice is yours!

The Benefits of a Purchased Vehicle

If you tend to hold on to the things you buy and take excellent care of them for long periods of time, purchasing your vehicle may be the best option. While you will eventually pay the full value of the vehicle and will be responsible for keeping it maintained, you'll gain the benefit of having no mileage restrictions, you can keep it forever, and you can customize and alter it however you see fit; you can even smash out all the windows if you'd like (we strongly discourage you from actually destroying any part of your vehicle, of course)! If you're happy having the same vehicle to rely on for many years, without restriction, then buying your vehicle is absolutely the right decision.

If you have any more questions for us about buying or leasing a vehicle, visit our finance center here at our Elverson, PA dealership or call us at (888) 276-2210 and we'll give you the answers you need.

BEFORE BUYING, think about...........

PREVIOUS VEHICLE HISTORY            TRADE-IN OPTIONS            FUTURE VEHICLE VALUE VARIABLES

How many miles do you drive                You have the option to buy        Release of new models before trade-in
per year?                                              the vehicle

Do you generally trade your                   You have the option to              Market conditions and gas prices
vehicle or sell it?                                   trade the vehicle and apply
                                                           the positive equity to a              Manufacturer rebates and incentives
                                                           new vehicle.  

How often do you trade or sell                You have the option to turn
your vehicle?                                         in the vehicle and not owe any
                                                            additional monthly payments.                                      



CUSTOMER BENEFITS OF LEASING

Drive a New Car more often

Eliminates any resale risk

Drive more car for less money

Allows for lower monthly payments than a retail sale

Promotes lower maintenance costs as a result of optional dealer service contracts

Allows you to keep the vehicle or trade it in for a new one when you are ready


WITH LEASING, you only pay for what you use!