10287 Fairfax Blvd.
Fairfax, VA 22030
Drivers in Fairfax, VA, have many options when it comes to purchasing a vehicle, but one of the most common hangups is whether to buy or lease. Both have their advantages, and it really depends on your personal preference and driving needs.
While every situation is different, let's take a look at the main advantages of each one to help you make an informed decision when you start shopping for a car.
The most obvious advantage of buying a vehicle is complete ownership. It's your vehicle and you can drive it as much as you want and accessorize it as you please. One of the most liberating aspects of buying a car is not having to worry about the mileage limits that come with leasing, so if you have a long daily commute, you will probably be best served by choosing to purchase your Toyota.
Also, if you take out a car loan, once that loan is up, you can trade in the vehicle at your choosing or keep it for yourself and drive a vehicle with no payments. If you usually keep your vehicle five years or more, purchasing is probably the smart choice.
The main advantage of a Toyota lease is the significantly lower monthly payments and little to no down payment required. The monthly savings can be substantial, but the advantages of Toyota leases aren't just with payments.
For people who appreciate cutting-edge technology and state-of-the-art infotainment, leasing a vehicle gives you the option of driving new cars that might otherwise be unaffordable. If you regularly trade in your vehicle every three of four years, then you should seriously consider an affordable Toyota lease.
Also, because you don't actually own the vehicle, you'll never have to worry about price depreciation, another financial advantage of leasing.
These are just a few of the top advantages of buying and leasing. For more information, visit Ourisman Fairfax Toyota in Fairfax, VA, and let our knowledgable staff help you determine which is right for you.
10287 Fairfax Blvd.
Fairfax, VA 22030
