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Call our VIP Sales: (866) 254-4444
11000 Sepulveda Blvd.
Mission Hills, CA 91345
Service: (818) 920-1100
Parts: (818) 920-1100
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Buy vs. Lease - Superior Nissan of Mission Hills
It's a common dilemma: lease versus buy, buy or lease, which is better?. Everyone who has ever considered leasing has had this question cross their mind. So what is the answer?

Leasing versus buying. The answer? It depends

Leases and loans are simply two different methods of automobile financing. One finances the use of a vehicle; the other finances the purchase of a vehicle. Each has its own benefits and drawbacks.

It's not possible to simply say that one is always better than the other because it depends on your own particular situation and preferences.

You must not only look at the financial comparisons but also at your own personal priorities - what's important to you.

Is having a new vehicle every two or three years with no major repair risks more important than long-term cost? Are long term cost savings more important than lower monthly payments? Is ownership more important than low up-front costs and no down payment?

So, making the lease or buy decision is not quite cut and dry. There are some things you need to consider first.

Buying and leasing are different

When you buy, you pay for the entire cost of a vehicle, regardless of how many miles you drive it. You typically make a down payment, pay sales taxes in cash or roll them into your loan, and pay an interest rate determined by your loan company. You make your first payment a month after you sign your contract.

When you lease, you pay for only a portion of the vehicle's cost, which is the part that you "use up" during the time you're driving it. You have the option of not making a down payment, you pay sales tax only on your monthly payments (in most states), and pay a money factor that is similar to the interest rate on a loan. With leases, you may also pay extra fees and possibly a security deposit that you don't pay when you buy. You make your first payment at the time you sign your contract.

For more information call (866) 254-4444 or Contact Us
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Superior Nissan of Mission Hills, Mission Hills, CA 91345

Your full service Nissan dealership in LA-Los Angeles, OC-Orange County serving: Acton, Agoura, Agoura Hills, Agua, Dulce, Alhambra, Alondra, Park, Altadena, Antelope, Acres, Arcadia, Artesia, Athens, Avalon, Avocado Heights, Azusa, Baldwin Hills, Baldwin Park, Bassett, Bell, Bell Gardens, Bellflower, Beverly Hills, Big Mountain, Ridge, Big Pines, Big Rock, Bouquet, Canyon, Bradbury, Burbank, Calabasas, Mission Hills, Castaic, Castaic Junction, Cerritos, Charter Oak, Citrus, Claremont, Commerce, Compton, Cornell, Covina, Cudahy, Culver, City, Del Aire, Del Sur, Del Valle, Desert, View, Highlands, Diamond, Bar, Downey, Duarte, El MonteEl Segundo, Florence-Graham, Gardena, Glendale, Glendora, Hacienda Heights, Hawaiian Gardens, Hawthorne, Hermosa Beach, Hidden Hills, Huntington Park, Industry, Inglewood, Irwindale, Juniper Hills, Kinneloa Mesa, La Cañada, Flintridge, La Crescenta-Montrose, La Habra, Heights, La Mirada, La Puente, La Verne, Ladera Heights, Lake Hughes, Lakewood, Lancaster, Lawndale, Lennox, Leona Valley, Littlerock, Llano, Lomita, Long Beach, Lynwood, Malibu, Manhattan Beach, Marina del Rey, Mayflower Village, Maywood, Monrovia, Montebello, Monterey, Park, Norwalk, Palmdale, Palos Verdes Estates, Paramount, Pasadena, Pearblossom, Pico Rivera, Pomona, Quartz Hill, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rosemead, Rowland Heights, San Dimas, San Fernando, San Gabriel, San Marino, Santa ClaritaSanta Fe Springs, Santa Monica, Sierra Madre, Signal Hill, South Gate, South Pasadena, South San Gabriel, South San Jose Hills, South Whittier, Stevenson Ranch, Temple City, Topanga, Torrance, Val Verde, Valinda, Valyermo, Vernon, View Park-Windsor Hills, Vincent, Walnut, Walnut Park, West Covina, West Hollywood, West Puente Valley, Westlake Village, Westmont, Whittier, Willowbrook, North, South, West, East.

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