Car Lease vs Auto Loan in Oxford, PA

Buying vs Leasing in Oxford, PA

Navigating your way through auto financing options can be overwhelming. But, the finance team at Country Chrysler Dodge Jeep Ram is here to make the financing process a breeze. From valuing your trade-in vehicle to exploring current incentives and specials, you'll get all the information you need to feel confident in your finance plan. Now, should you stick to a traditional auto loan or upgrade to a car lease? Our Oxford, Pennsylvania dealership created a guide to help you decide what makes more sense for your needs. If you have questions, get in touch with our finance experts to learn more.

 
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Leasing vs Buying from our Oxford, PA Auto Dealership

BenefitsLeasingBuying
Ownership x
Lower Down Payment x
Lower Monthly Payment x
No Mileage Limit x
Vehicle Customization x
Easier Trade In x

To Buy or to Lease?
Oxford, PA | Elkton, MD | Lancaster, PA

Auto Loan

If you like working towards ownership, an auto loan is the way to go. There are no mileage limits when you opt for a traditional car loan, so you can take cross-country trips without worrying about your miles. Since you're working towards ownership, you can also customize your car, truck, or SUV. Feel free to upgrade your sound system or invest in seasonal tires. Car loans also make it easier to trade in your vehicle every few years. Since you're investing in ownership, the monthly payments might also be higher than a lease option. You can expect a higher down payment as well.

 

Car Lease

Do you like the idea of lower monthly payments? Car leases typically have a lower monthly auto payment, and require a lower down payment than car loans. With less money going to interest, you can upgrade trim levels or invest in features that are traditionally more expensive. With a car lease, there's no long-term commitment required. You can try out one make and model for a few years and trade it in for a newer make and model. However, your payments aren't working towards ownership, so you can't customize your vehicle. Keep in mind that auto leases have a mileage limit, so if you have a long commute, a lease might be less beneficial than an auto loan.

Choose the Right Loan or Lease for You

Still not sure which plan works for you? Our finance experts are ready to answer 

your questions. Whether you're from Elkton, MD, Lancaster, PA, or somewhere else, our low-pressure dealership will help you learn more about different financing options. Our highly-skilled finance team has decades of experience that will help you make smart choices for your budget. Get in touch with our Oxford, PA finance center to learn more about traditional auto loans and new car lease options!


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  Hours

Dealership Hours
Mon - Fri9:00am - 9:00pm
Saturday9:00am - 5:00pm
SundayClosed
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