Here at Audi Warwick, we are proud to help drivers both lease and buy Audi models. Both methods have their benefits. However, depending on your personal preferences and budget, one may be a better fit than the other. That is where our financing team comes in – they can easily answer your questions.

One question you may have, for example, pertains to the differences between these two financing options. What are the differences between leasing and buying? What benefits does each financing option offer?

Leasing is more cost-effective month to month. This is true because lease prices are static over a certain period of time. They are also not based on automotive loans, like your monthly prices are when you buy a car. However, leasing requires you to abide by mileage parameters. You also have to keep your leased vehicle in good condition. In short, if you are looking for a cost-effective vehicle, leasing can be a good option. It also can be helpful for city drivers, or those who need a vehicle for work.

Buying a vehicle can be more expensive. Depending on how large your automotive loan is, it can easily exceed the cost of leasing. However, you will own the car that you buy. As such, you won’t have to abide by leasing parameters. Buying can be a great option for drivers who want to own their vehicle. Furthermore, if you want complete freedom while on the road, buying may be right for you.

No matter what financing option you pursue, our team will be here to help! Stop by Audi Warwick in Warwick, RI and our team can help answer any questions you may have.

Categories: Finance