Making the decision to buy or lease a car can be difficult and confusing. That's why we've provided the information below to
 help you decide which option is best suited for your needs.

Whether you finance the car and make monthly payments or pay with cash, either way, it's yours. If you are financing it, you will have to meet the obligations the lender requires, like a certain down payment amount, and timely monthly payments. If you do not meet these obligations, the lender has the right to repossess the car.
If you choose to finance your vehicle, it is likely the bank will request a down payment. You can also trade-in another vehicle and use any equity towards your down payment. The amount of the down payment is typically based on the lender's requirements and your credit score.

Your vehicle will be worth whatever you can sell it for in the future, and that depends on how well you maintain it. Scheduling regular maintenance with a factory-authorized facility is a smart way to protect your vehicle's future value.
When you lease, you do not own the vehicle. You are simply paying for the use of the vehicle, and the financial institution used to lease through is actually the owner of the vehicle. This is why you typically pay less per month in a lease than if you were to buy the car.
Often times, leases don't require a down payment. All that is typically owed is the first month's payment, a security deposit, the acquisition fee and other fees and taxes. As with a purchase, if you want to lower your monthly payment, you can always pay more upfront if desired.
In most leases, you do not end up owning it, thus you do not end up selling it. This is the job of the financial institution. Although you may have mileage limits and wear and tear guidelines that, when exceeded, could cost you extra when you turn your vehicle back in.
More often than not, people choose to return the vehicle at the end of the lease term rather than purchase it. However, some people do purchase their vehicle during their lease or when it ends. Others like to trade it in before their lease is over. Ask us about these different options and we'll make sure you have your lease set up the way you want it.


Marthaler Chrysler Dodge Jeep Ram Fiat

1660 N. Humiston Ave.
Directions Worthington, MN 56187-1756

  • Sales: (507) 343-5337
  • Service: (507) 343-5337
  • Parts: (507) 343-5337

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