While you may have already decided you want one of our new 2018 MINI cars as your own, you still have one more decision to make: buy or lease. If you’re unsure about which move is right for you, we can help.
Whether you should buy or lease a new automobile often depends on things like your budget, how often you drive and where, and what kind of lifestyle you live. If you’re planning on sticking to a tight budget and have only a little bit of money to put down, leasing may be the right choice for you. In general, lessees have smaller monthly payments and they don’t have to put as much down right off the bat.
On the other hand, if you commute a far distance and are used to putting a lot of miles on your car, or if you’re traveling with your pets or kids often, buying a vehicle is probably the right choice for you. Leasing a car comes with certain restrictions regarding the number of miles you can put on the car, and at the end of your lease, your vehicle has to be up to a certain standard. If you put too many miles on your odometer or if your vehicle is exposed to excessive wear and tear, you may have to pay costly penalties at the end of your lease.
If you enjoy having a modern car with all the latest features, leasing is a good idea for you. Considering most leases only last about four years, you’ll have the opportunity to get a new car very often. If you’re looking to make an investment to call your own, purchasing a MINI Countryman or MINI Clubman is the best option for you. For more information about leasing or buying a car, contact Orlando MINI today!