Benefits of Leasing Lower monthly payments Lower upfront costs Drive a newer vehicle more often Most vehicles stay under factory warranty Easier to upgrade every few years Possible tax advantages for business use Things to Consider When Leasing Mileage limits apply You don’t build ownership equity Excess wear and tear may result in charges Best for people who like changing vehicles often Leasing May Be Best If You: Prefer lower monthly payments Drive average miles yearly Like driving newer vehicles Want the latest technology and safety features Don’t plan on keeping the vehicle long-term Benefits of Financing You own the vehicle No mileage restrictions Build equity over time Customize the vehicle however you want Keep the vehicle as long as you’d like Things to Consider WHen Financing Higher monthly payments compared to leasing Larger down payments are sometimes required Vehicles may fall out of warranty over time Long-term maintenance costs can increase Financing May Be Best If You Drive a lot every year Plan to keep the vehicle long-term Want ownership Prefer no mileage limits Want to build long-term value