Buying vs. Leasing in Enumclaw, WA
Are you choosing between an auto lease and a loan? It is essential to consider your driving habits, lifestyle, and budget when deciding what financial path to take to your next car. The experienced auto financing specialists at Enumclaw Chrysler Jeep Dodge Ram are more than happy to help you make a confident decision between a loan and a lease. Use our comparison chart below to determine which one may be the right fit for you. Contact our team to learn more about the differences between buying vs. leasing in Enumclaw, WA. Then when you are ready, you can schedule an appointment or visit our full-service dealership in Enumclaw, Washington, to take the next step!
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Finance Department
Benefits of Leasing vs. Buying from our Enumclaw, WA Dealership
| Benefits | Leasing | Buying |
| Ownership | x | |
| Lower Down Payment | x | |
| Lower Monthly Payment | x | |
| No Mileage Limit | x | |
| Vehicle Customization | x | |
| Easier Trade In | x |
Compare - Loan vs. Lease
Enumclaw, WA | Auburn, WA | Bonney Lake, WA
Loan
For someone who seeks complete ownership and customization of their vehicle without any mileage restrictions, the freedoms of a traditional auto loan may be right for you. While the down payment and monthly payments may be larger than auto leases, that's because you're paying towards ownership without a term requiring you to return or temporarily extend your vehicle. You can trade in or sell your vehicle without a set deadline with an auto loan. You are also responsible for the coverage of extensive repairs and services, but if you are comfortable taking on those commitments, owning a car and starting with an auto loan will be worth it! Contact our financing team at Enumclaw Chrysler Jeep Dodge Ram in Enumclaw, WA, to get started today!
Lease
Though you do not technically own the car with an auto lease, you can expect a more flexible approach to your driving. The combination of a potentially lower down payment and lower monthly payments with coverage of basic car maintenance makes auto leases a low-stress option. If you're not a driver who clocks in over 15,000 miles annually, you can drive the latest Chrysler, Dodge, Jeep, and Ram models at Enumclaw Chrysler Jeep Dodge Ram for less. Once your lease term is up, you have three options: You can either extend the term with the same Chrysler, Dodge, Jeep, and Ram vehicle, start a new lease with another car, truck, or SUV, or buy your leased car. Learn more from our automotive financing experts by visiting our dealership in Enumclaw, WA.
Choose the Right Payment Plan for You
At our certified Chrysler, Dodge, Jeep, and Ram dealership in Enumclaw, WA, we cater to the lifestyles, needs, and financial situations of every driver we work with at our dealership. From low-rate car loans and affordable auto leases to customized dealership financing programs, we're ready to work with you regardless of your credit or current vehicle. Use our online tools, such as the monthly payment calculator, trade-in evaluator, and pre-credit finance application, to make your car, truck, or SUV shopping seamless. We're equipped and ready to serve you at Enumclaw Chrysler Jeep Dodge Ram.
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