During the process of buying a new car, we understand that Mazda finance can get complicated or confusing. Rest assured Heritage Mazda Towson is here to help. Here’s a guide on the benefits of financing and leasing to help you decide which choice is right for you.
Benefits of Financing
- Ownership: The benefit of financing a vehicle is that you have complete and total control of it. There are no restrictions or limits on how you can upgrade your vehicle.
- Customization: When you own a vehicle, you can paint your vehicle or add any accessories you want. There are no restrictions.
- Sale Options: Once you own a vehicle, you’re free to sell it at your own discretion.
- No Mileage Limits: Leases usually have a mileage limit, but financing means you can drive your vehicle as often and as far as you want.
- Financing Options: Once you take out a loan to finance a vehicle, you can always refinance to get a lower interest rate or lower monthly payments.
Benefits of Leasing
- Lower Payments: Leasing requires a lower down payment than buying and usually your monthly payments are much lower.
- Trade-In Option: At the end of your lease, you can trade-in for a newer model or even petition to buy the vehicle you’re currently leasing.
- Maintenance: Under your lease, almost all your regular vehicle maintenance will be covered by your warranty.
- Variety: Choose to lease a premium model with plenty of upgrades or a starter model; there are plenty of options for you.
- Ease of Application: Typically, you can get approved for a lease even if your finances don’t qualify you for a loan.
Explore Your MAZDA Finance Options Today
Whichever option you select, our Mazda finance team is here to help you every step of the way. Visit soon to buy your new Mazda vehicle!