INFINITI of Orange Park

6999 Blanding Blvd.
Hours & Directions Jacksonville, FL 32244

  • Sales: (888) 720-9530
  • Service: (877) 479-0934
  • Parts: (888) 685-4489

Leasing Vs. Buying Jacksonville, FL


Infiniti Leasing vs Buying Jacksonville, FL, Infiniti of Orange Park
Leasing vs Buying | Infiniti of Orange Park, Serving Jacksonville, FL
Learn the differences to leasing or buying a vehicle from Infiniti of Orange Park.
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    Leasing vs. Buying

    Infiniti Of Orange Park Leasing vs buying

    Once you've chosen an automobile from INFINITI of Orange Park that suits your lifestyle, you'll need to decide whether to buy the vehicle or lease it. To help you make an informed decision, we've compiled a list of differences for each option.

    Leasing

    When you lease a car, you are paying for the use of the vehicle instead of owning it. You're not required to make a down payment, but you do have to pay the first lease payment along with a security deposit, acquisition fee, as well as other fees and taxes. Your lease payments should be lower than a financed car payment and your lease term can be two to four years shorter than a loan term. Leases also include GAP insurance.

    During that lease term, you will most likely have mileage limits and appearance requirements for the interior and exterior that should not be exceeded. At the end of your lease, all you have to do is turn in your vehicle or you can purchase it at a depreciated price. You can also trade it in for a new lease before the current one is over.

    Buying

    Purchasing a vehicle means you have paid cash or are making payments to own it. When buying an automobile, you'll often have to make a down payment or trade-in a vehicle. As a car owner, your payments will be higher than a lease, and the loan term will be longer. However, you're not required to track your mileage or keep track of any paint scratches or door dings. Just keep in mind that the lower the mileage and the better your vehicle looks, the higher its resale value will be down the road.

    No matter which option you choose, INFINITI of Orange Park has a finance department that can assist you with all the proper paperwork. You can also apply for financing right here on our website to make the process even faster.

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