Lease vs. Purchase: Which option is better for you?

June 8th, 2023 by

Ready to get behind the wheel of a new Jeep, Dodge, Chrysler, or Ram? Whether you’ve been eyeing new vehicles or are considering something pre-owned, the team at Fernelius Chrysler Dodge Jeep Ram in Cheboygan is ready to help you find your next ride. Our dealership is equipped to handle all your car-buying needs, whether you’re looking to finance or lease. Not sure which option is better for you? Consider the following:

  • Leasing will give you a lower down payment, a lower monthly payment, and an easier trade-in. You’ll also pay less in repair costs, since anything that needs to be fixed will likely be covered by your lease agreement.
  • Financing means you own the vehicle, so you can customize it however you please and never have to worry about limiting your mileage. You’re also free to do with it as you wish, whenever you wish.

The Fernelius team is happy to provide Michigan drivers options for both new and used vehicles, for leasing as well as financing. Whichever you decide, our finance center will make the process clear and hassle-free. Check out our extensive inventory of new and used vehicles, and value your trade, if you have one.

Next, fill out our online finance application. Our experienced auto financing team is ready to discuss auto loans with low rates, or an affordable Chrysler, Dodge, Jeep, or Ram lease with low monthly payments.

Ready to take a look at our vehicle inventory in person or schedule a test drive? We have a variety of offers and incentives available and are sure you’ll find your next car at Fernelius Chrysler Dodge Jeep Ram. Give us a call at 231-597-4971 and let us help you choose from the best vehicles for sale in Cheboygan.

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