Today's car market has experienced some rapid changes in consumer buying habits because of current economic and supply chain conditions. That is why more people around Ellsworth are looking into buying a used vehicle instead of a new one.
Should I lease a car or should I buy a car? Let us help you figure out buy vs. lease!
Lease or buy?
Many of us here lease our cars. Leasing is better for most people (although not everyone).
Loan | Lease | ||
---|---|---|---|
Car cost $22,200 | Car cost $22,200 | ||
↓ | ↓ | ||
The bank wants you to pay for the whole $22,200 as well as interest over five years | The bank wants you to pay for the $11,100 of everyday wear and tear they expect you to put on it with use as well as interest over three years | ||
↓ | ↓ | ||
Monthly payment ~$450 |
Monthly payment ~$350 |
Kelly's Top Tips on how to best time your vehicle purchase
TRANSCRIPT
Hi, I'm Kelly at Stanley Subaru, and I'm here to give you some tips about timing your purchase.
Darren's Top Tips on how to estimate your monthly payment
TRANSCRIPT
Hi, my name's Darren. I'm the finance manager here at Stanley Subaru, and these are my top tips for estimating your monthly payment.
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