Buying vs Leasing

Buying VS. Leasing - Which is a Better Fit for You?

Our goal at Genesis of Woodbridge is to make sure every customer's needs are met. One of the ways we do so is by offering drivers like you the opportunity to drive a luxurious new Genesis. However, the question is whether you should buy or lease a model. In order to determine which option will benefit you the most, we encourage you to read a little more about each. Then when you are ready to commit to a decision, make your way to our dealership in Avenel, New Jersey.

Why Buy a Genesis Car?

You may want to buy a car if you:

  • Travel long distances frequently, be it for work or leisure.
  • Know what model you want to own and keep for many years.
  • Want to personalize the look or upgrade components and features.

If any of the points above are true for you, then you will likely have a greater advantage by choosing to buy a car. This is because you are establishing ownership with this option. Generally speaking, monthly payments tend to be higher because your auto loan is rated according to the total cost. However, once you pay it off entirely and the title is yours, you have complete freedom over your vehicle. For instance, you can drive for many miles or embellish the exterior without incurring any penalty fees. You may end up saving more in the long run as well for you will only have to pay regular expenses like insurance after your final payment is made.

Why Lease a Genesis Car?

You may want to lease a car if you:

  • Can uphold standards that are determined by the dealer.
  • Have a limited budget but want the enjoyment of driving a new car.
  • Are not sure which model you want to own and prefer to try different options.

If you relate with these points, then you should lease a car instead. Essentially, leasing is tantamount to borrowing-that is to say, the vehicle-in-question is on loan from the dealer. With that being the case, you will be required to maintain its condition and pre-determined mileage. However, you will benefit from lower monthly payments in turn. Down payments are even exempt in some cases, granting you immediate savings. Additionally, you will have first pick of the latest Genesis models because you can always exchange the one in your possession for another after your contract period ends. Of course, if you happen to discover a car you want to keep, you can opt to buy it by paying off the remaining cost.

You Can Get Further Guidance at Our Finance Center in Avenel, NJ.

As you can see, it is up to you to decide which option will suit your lifestyle best. So when you are ready to settle on a decision, we will be waiting for you at Genesis of Woodbridge. Our dealership is not far from Woodbridge, so please come out to see us if you reside nearby in North Plainfield, Elizabeth, and surrounding areas. You can also call (844) 327-7892 or write to us online should you have any questions. We look forward to helping you buy or lease your new car soon!


Contact

Genesis Of Woodbridge NJ

90-100 US Highway 1 North
Directions Avenel, NJ 07001

  • Sales: (732) 815-0500
  • Service: (732) 815-0500
  • Parts: (732) 815-0500
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