Some basic differences between buying and leasing a new Nissan
When you want to drive home in a Nissan from our new SUV inventory, an auto loan is a very good way to make that happen. When you get a car loan, you borrow enough money to cover the cost and then pay off the loan in equal monthly installments. When you lease a Nissan from our new car inventory, you aren't buying the vehicle, but you're basically renting it for a particular period.
Leasing contracts typically run for 36 months, and then you will return that leased Nissan to our dealership, whether it's a car, SUV, or a Nissan from our new truck inventory. At that point, a Cincinnati, OH lessee can consider one of several options.
Some benefits of getting a Nissan lease
The main reason customers in communities like Hamilton, OH get a lease is that it takes less money up front and requires less at every step after that. When you lease a new Nissan, your monthly car payments will be lower than they would be if you got a car loan for the same Nissan model. What's more, the amount of your down payment for a lease will be lower than the down payment you would need to make on a car loan. If you want to maximize your monthly cash flow, a Nissan lease is a good way to do that.
Who should consider doing a lease?
Anyone in West Chester Township, OH who is focused on increasing monthly cash flow might consider leasing a new Nissan. That's because the monthly payments will be lower than they would be with a car loan. Leasing can be a good choice if you don't have a lot of cash for a down payment, because the amount due at signing required for a lease will be lower than it would be with a car loan. One more advantage is that leasing makes it simple to get the latest Nissan styling, features, and technology every few years.
Here's what happens at the end of your lease contract
Somewhere between 30 and 60 days before the end of your lease contract, you will want to book an appointment with our dealership to have your leased Nissan inspected. One of our factory-trained technicians will examine every part of your Nissan, looking for excess damage or wear-and-tear that goes beyond what's allowed in the lease contract.
You will also be paying for any excess miles that you drove beyond those allowed in the leasing contract. You won't have to be concerned about selling that Nissan because you won't own it. Instead, you will simply return that vehicle to us.
