Should I lease or buy?


Should I lease or buy? 

Purchasing a vehicle can be a life-changing decision, especially when it comes at a high cost. More and more drivers look to leasing to be able to drive what they want, without the higher financial burden that goes along with it. If you are wondering if you should lease or buy your next high-end vehicle, then we here at Pfaff Leasing want to help. Below we have put together a list of questions you should ask yourself that can aid you in this decision-making process. 

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Do You Like To Drive Different Cars Often?

If the thought of driving the same vehicle for many years fills you with dread, as you would much rather be switching between newer models more often, then choosing to lease is a great idea. If you are satisfied with and enjoy driving the same model far into the future, then owning may be a better choice for you.

Do You Take Your Car On Long Journeys?

If your journeys eat up hundreds or thousands of kilometres at a time, then owning a vehicle would hold you in good stead. With leasing agreements, you are given a specific amount of mileage for your term, and going over the allotment could see you with added fees.

Do You Have A Restricted Monthly Budget?

There can be a substantial difference in monthly rates when financing a vehicle versus leasing one. Purchasing a new car could leave you with high monthly payments while leasing the same vehicle in question could see a considerable reduction in cost. By leasing, you are paying for the use of the car, not the vehicle itself, providing you with ongoing savings, making it a better choice if you adhere to a strict monthly budget.

Lease With Us Today! 

At Pfaff Leasing, we make it our mission to provide our valued customers with a pleasurable car leasing experience. To learn more about whether you should lease or buy, we encourage you to speak with one of our Pfaff Leasing representatives today.

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