Leasing vs Buying in Hoffman Estates, IL
We at Muller’s Woodfield Acura strive to cater to all of our customers, which is why we offer a variety of leasing and financing options. If you’re unsure which option is best for you, we decided to put together a little comparison to share how they differentiate from one another. Read on to learn more!
The first form of car ownership we’ll discuss is leasing. When you take this route, you’re essentially just borrowing the vehicle from us. Because of this, your monthly payments will only reflect the depreciation value of the ride you’re leasing, rather than the entire sticker price as with financing, resulting in more affordable installments. You only lease for a certain amount of years, mainly two or three, and you’re allotted a certain mileage on a yearly basis. Furthermore, leasing is finite. After your lease term comes to an end, you’ll have several options at hand. If you’d like, you may lease another Acura model or purchase the one you’d been leasing at a predetermined price. However, you can always turn in your keys and walk away – no questions asked. Be sure to check out our ongoing leasing specials right here on our site for a great deal.
On the flip side, you also have the choice to finance here at our dealership. Although leasing may be more budget-friendly, you’re only limited to leasing new vehicles. Financing, on the other hand, lets you take home a new or pre-owned ride depending on your preference. We have a grand selection of both, so rest assured that you’ll have no problem finding a new or used model that best suits you. Loans are common in the automotive industry, and we are connected to several lenders in the area that allow us to find one that meets your needs. When you choose to finance, you’re settling down with a vehicle long-term, meaning it’s officially yours as soon as you pay it off. Unlike leasing, you won’t have to worry about mileage restrictions.
Regardless of which way you turn, our Finance Department will assist you in every step. Their expertise in the field ensures trustworthy service and the knowledge to address any concerns or questions that you may have. We want you to experience the best car-buying or car-leasing process, and we’ll do whatever it takes to make that possible. If you’d like, head on over to our Finance tab to find out more. You can check out current incentives and utilize our Payment Calculator. This tool provides you with an estimated purchasing power and monthly installment rate dependent on a few key numbers. There is also a Finance Application available for your usage.
This is just an overview of leasing vs buying in Hoffman Estates, IL, at Muller’s Woodfield Acura. To learn more, contact us today. Our Finance Department associates are always more than happy to help in any way possible.
|Monday||9:00 am - 9:00 pm|
|Tuesday||9:00 am - 9:00 pm|
|Wednesday||9:00 am - 9:00 pm|
|Thursday||9:00 am - 9:00 pm|
|Friday||9:00 am - 9:00 pm|
|Saturday||9:00 am - 6:00 pm|