Should I Buy or Lease My New Acura?

Pros & Cons of Buying Vs. Leasing a New Acura Model in Lawrence Township, NJ

Should you buy or lease your new Acura? Truth be told, the decision rests on your priorities. Using our finance center in Lawrence Township, New Jersey, you can acquire a competitive loan or lease on any Acura luxury model you desire from our new inventory at Precision Acura of Princeton. To help lead you toward the correct choice for your Acura model, we have compiled this helpful guide to the pros and cons of buying and leasing a new vehicle. By matching each of your priorities to the different categories of advantages and disadvantages of owning or leasing a car discussed below, you can then make an informed decision and thus a smarter investment.

Advantages of Leasing a New Luxury Car or SUV at Precision Acura of Princeton

One advantage of leasing, as opposed to buying, a new Acura model is that your monthly lease payments tend to be lower than if you were paying on a loan. Further, the down payment you make to lease a new Acura is generally smaller than when purchasing a vehicle, and sometimes there is no down payment necessary to lease a vehicle, which also means you pay fewer taxes on your Acura lease. Relatedly, since your payments are lower, you can often afford a nicer, higher-end model of Acura than if you bought a car. Then there are your maintenance costs. Although you get a warranty when you buy a new Acura, the factory warranty on Acura lease models is always active, which lowers your repair costs. Additionally, at the end of your two or three-year lease term, for example, you can easily upgrade to a newer vehicle model without the hassles of doing a trade-in.

Advantages of Buying a New Acura Luxury Model in Lawrence Township, NJ

There is one thing that you can do to an Acura car that you buy, as opposed to lease, and that is enhance it. Granted, Acura makes some of the most precisely crafted luxury vehicles on the planet, and your luxury sedan, coupe, or SUV comes to you perfect as is from the dealership. However, if you wanted to upgrade performance parts, change exterior accents or interior seating materials, or even put a bumper sticker of your favorite presidential candidate on the bumper, you can only make these adjustments to a new Acura that you purchased. Moreover, leasing a vehicle involves lower monthly payments, on average, but buying a vehicle is more economical in the long term. Especially, if you drive often and rack up lots of mileage while commuting to work or traveling on weekends, you will want to purchase your Acura because then there are no mileage limits like with a leased car. Lastly, if you decide to purchase a different Acura model at any time, you have the freedom to sell or trade-in your current vehicle if you own it. With a lease, it is smartest to wait until the term expires to upgrade vehicle models.

The Verdict on Leasing Vs. Buying New Acura Luxury Vehicles

Have you determined what the right decision is for you, whether it is buying or leasing your new Acura vehicle? If you have made your choice, that is fantastic. We will happily connect you with the vehicle you want and the finance plan that is right for your preferences at Precision Acura of Princeton. On the other hand, if you are unsure still, that is more than okay. Our finance center, located in Lawrence Township, NJ, has experts who can relay to you the finer details of each loan or lease offer we have for our new Acura luxury models. Although, whatever financing route you decide to take, one thing for certain is that your perfect new Acura sedan, coupe, or SUV is in stock and ready for you in our new inventory at Precision Acura of Princeton in Lawrence Township, NJ. Contact us today to find your next Acura luxury model.