Leasing vs Buying: What’s the Difference?

When it comes to getting behind the wheel of a Mazda, you can either buy to own or take out a Mazda lease, but what’s the difference? We’re here to break it down for you so that you’re able to assess which option is best for your lifestyle.

If you want even more detailed information on financing, come into Medlin Mazda to talk to a specialized staff member. In the meantime, let’s go over the basics.

Leasing

Leasing a car is kind of like renting that car from our dealership. Your ownership of the car is only temporary, meaning you’ll have to give it back at some point. First, you’ll want to consider how long you’ll need the vehicle. Then, you make monthly payments corresponding to that timeline.

Some perks to leasing include:

• No commitment to the car
• Lower monthly payments
• You won’t have to worry about depreciation in value

After your lease term is over, you return the car to the dealership.

However, there are some restrictions when you sign a lease. You usually can’t go over a certain mileage or customize the vehicle, but leasing is a perfect option for people who want to drive the newest vehicles. If this sounds like the option for you, our Mazda payment calculator can help you find out just how much you’ll be paying month-to-month so that you can start budgeting right away.

Buying

Buying is a commitment to your Mazda. For this option, you may pay more month-to-month, but you’ll never have to make another payment once you’ve paid the full price of the car.

Benefits to buying include:

• Keeping the vehicle as long as it lasts
• Can customize your vehicle
• Option to resell down the line

If you already own a car but are looking for a new one, you can sell it to us through our trade in program and use that value toward your new Mazda!

Regardless of which new Mazda vehicle you choose from our expansive lot, Medlin Mazda offers a wide range of payment options to make it your own. We’re eager to see you drive off in the car of your dreams!