Are you debating on whether or not you should buy a vehicle or lease one? This is a common question among all car buyers at first. As we all know there are many benefits and downsides to both. Need some benefits of buying a vehicle to help you decide? Check out some of the upsides of buying a vehicle below:
Customize - When you buy a vehicle, the car is now yours. You are able to do whatever you want to it. You can make any adjustments you want and put any custom accessories and gadgets in.
Insurance - When you buy a vehicle you can also get whatever insurance you want. So if you’re looking to save the most money it make help to buy a vehicle. When you lease a vehicle they will make you get the best insurance possible just in case of any damage.
You can get money back - Once you buy a vehicle and it’s yours you can sell it later. Say you buy a vehicle for $15,000 and you drive it for 2-3 years, you can probably sell it for just a couple thousand less. When you lease you get all the luxuries of a new vehicle but you will never see any of that money again.
Damage - Are you a new driver or is the car for a younger driver? If so you may really want to consider buying a vehicle. If you damage the car in anyway it is your car. You don’t have to worry about telling the dealership and all that to get it fixed. You can get it fixed when you want and have it just be your problem, not anyone else’s.
No certain mileage - Once you agree to lease a vehicle, there is usually a certain amount of miles that you can put onto your lease. Usually you get agreements for 10,000 miles a year and all different kinds of plans. If you buy your own you don’t have to worry about a charge or penalty against you if you go over on the mileage.
As you can see there are many advantages and benefits of buying your own vehicle. Many first time drivers like to buy a vehicle just because they are new to the road. Leasing is also great, but it seems like there is a lot more freedom when you buy your own vehicle.
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