Jun 22, 2020

Even in these topsy-turvy times, owning a new vehicle is still within reach. New economic conditions have led dealers including Peruzzi Mitsubishi in Fairless Hills, PA to come up with affordable ways that help drivers finance a car, truck or SUV. You’ll want to talk to a member of the Peruzzi Mitsubishi sales team to find out new options, but in the meantime, let’s review the two main ways of financing a vehicle: leasing versus purchasing. Our sales experts can walk you through the best scenario for you and your budget.

Leasing is a good option if you’re someone who wants a lower down payment and lower monthly payments. You also get the advantage of driving newer vehicles and trading up regularly. Plus, you never have to worry over the process of selling your car.

The downside to leasing revolves mainly around mileage. If you’re someone who drives a lot, you may find yourself paying more if you go over your allotted amount. Of course, right now when people are driving less, this may not be an issue. Just think to the future when you’re driving or commuting life goes back to normal. Oh, and any little ding or scratch could also cost you extra when you go to turn it in.

Purchasing is the other typical option for anyone looking for a new vehicle. When you buy a car, it’s “yours.” You can drive it wherever and however you’d like. The additional fees that can mount with a leased car or truck aren’t an issue. Plus, you can likely get a car loan with lower credit than that involved with a lease. Additionally, when you want to purchase another vehicle, you’ll have some “capital” to work with in the form of a trade-in.

Peruzzi Mitsubishi in Fairless Hills, PA offers a host of leasing or purchasing options. Their financing department has years of working with customers in all kinds of situations and can direct you into the best situation. Especially now! Call, email or come on in to our safe, sanitized facility.