Should I Buy or Lease?

Saleswoman with car and clipboard

Are you looking for a new Nissan, but aren’t sure what the best buying option is for your lifestyle and budget? If so, you’re likely curious about the difference between buying vs. leasing at Aurora car dealers. Our team at Gerald Nissan of North Aurora is a trusted name among Nissan dealers in Illinois, and we’re always willing to go above and beyond when it comes to educating our loyal customers. Learn more about Nissan motor finance and lease agreements to see which option is right for you!


Benefits of Buying

  • Ability to Sell: Because buying can act as a long-term investment, you’ll have plenty of options. If you’re looking to upgrade to that new Nissan you want for drives through Naperville and Aurora, you can easily trade-in for a price you think is fair.
  • No Mileage Restrictions: Do you prefer to take long road trips or live a little further away from work? When you buy, you’ll have no mileage limitations, unlike with leasing.
  • Total Ownership: When you own your vehicle, it means you can fully customize it with any upgrades or accessories you desire through our parts department at any time!
  • Financing Options: When you’re trying to answer, “Should I buy or lease?” consider that financing is more common, and it’s more straightforward. And there are many options for all types of credit, which also means you may be able to refinance over time to get a better deal.
  • Less Cost Over Time: While financing a car may cost more money up front, because of a down payment, over time the savings are significant. Once you’ve paid off your loan, with regular service and upkeep you’ll have much lower costs over time.

Benefits of Leasing

  • High Approval Rate: A lease often means it is easier to get approved than with buying a car outright, which can be a huge advantage for those with less-than-ideal credit or no credit at all.
  • Lower Payments: Due to down payments and sales tax, most drivers will pay less up-front than they would with a financed vehicle, because depreciation is already factored into your cost.
  • Flexibility: Since a lease only lasts a few years, after your contract is up you can easily drop off the keys and trade your vehicle in for a new model without a problem. In many cases you can even convert your lease into a financed plan at the end of the contract.
  • Great Coverage: A lease contract typically runs its course well-within the bumper-to-bumper warranty plan, which means most maintenance and repairs are generally covered in your particular lease plan.
  • Options: For those who are truly inspired by the newest features and latest innovative technology that Nissan has to offer, leasing is an attractive option. You’ll be able to try a new model–with the latest features–once every few years!

Your Finance Experts at Gerald Nissan of North Aurora

Are you ready to get started on your finance or lease plan at Gerald Nissan of North Aurora? Our Oswego-area Nissan dealer is ready to help you get the vehicle you need at a price you’ll love. Contact us today to get started on your ownership adventure! We’d also love to help you learn more about gap insurance, Aurora outlet mall stores, and Oswego restaurants.

Calculate Your Future Car Payment

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Disclaimer:

Prices exclude tax, title, license, and a documentary service fee of $300.00. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at 630-907-0800 or by visiting us at the dealership.

**With approved credit. Terms may vary. Monthly payments are only estimates derived from the vehicle price with a 72 month term, 5.9% interest and 20% downpayment.


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213 Hansen Blvd • North Aurora, IL 60542

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Gerald Nissan of North Aurora

213 Hansen Blvd North Aurora, IL

Phone: 630-907-0800

http://maps.google.com/?q=213%20Hansen%20Blvd%2C%20North%20Aurora%2C%20IL%20605

Parts

Phone: 630-907-0800

213 Hansen Blvd North Aurora, IL

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Phone: 630-907-0800

213 Hansen Blvd North Aurora, IL

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Phone: 630-907-0800

213 Hansen Blvd North Aurora, IL
41.798364 -88.3714607
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Gerald Nissan of North Aurora
Gerald Nissan of North Aurora
213 Hansen Blvd
North Aurora, IL, 60542 United States
630-907-0800
https://di-uploads-development.dealerinspire.com/geraldnissanofnorthaurora/uploads/2017/11/GeraldNissanofNorthAuroraOGImage.png
Gerald Nissan of North Aurora 41.798364, -88.3714607.