Buy vs Lease near Edgewater, FL

Those in the market to obtain a new vehicle have likely come across the crossroads that is choosing to purchase or lease. While the end result may seem similar, the way in which these two avenues are expressed greatly differs. That’s why we here at New Smyrna Chrysler Jeep Dodge Ram would like to further explain both to you.

Leasing

To start off, it would be best to start off with leasing. That is because this kind of contract has become increasingly popular within recent years, and for good reason. These plans typically last for two to four years, which is significantly less time when compared with its counterpart. And rather than affording monthly installments of the total sticker price, you are only paying for its average rate of depreciation. This makes it a more cost-effective plan within the short term. Once the contract comes to a close, you will have the option to choose between purchasing the vehicle, leasing a new one, or simply walking away if you no longer require a model to drive around the Edgewater area.

Purchasing

If you would like to one day own the vehicle you are piloting along I-95, then you will likely want to spring for a purchasing plan. This can be done with the help of our Finance Department, who will provide a loan to you that you will pay off over the course of four to seven years. While this may be harsher on your wallet than a leasing contract, you will one day be free of monthly payments once this timeline has come to an end. At this point, the car will be under your complete possession and you will be able to make any alterations you please.

Which Is Best For You?

There are many factors to consider when it comes to which plan best serves you. For example, leasing agreements come with mileage limits which can restrict how much you drive this model. If you plan on making many trips to Wilbur Beach, then a financing contract may serve you better. On the other hand, for those who may eventually move out of the area, a lease may prove to be superior as you won’t be bound to it and you can eventually drop it once you make your move away. And of course, you should always consider your own finances when choosing between these two deals. If you would like further information, please feel free to direct any of your questions toward our helpful staff!

Leasing:

Purchasing:

Lasts two to four years
Paying for the average depreciation rate
Essentially renting the vehicle

Lasts four to seven years
Affording the total sticker price
Leads to eventual ownership

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Buy vs Lease near Edgewater, FL

Dealership Information

Testimonials

My service advisor Kristen was amazing

Kenny Peterson

12-2-2022

“ My service advisor Kristen was amazing she kept me Informed through the whole experience. Will be returning. ”

Everyone was super helpful and friendly!

Lizzie Coleman

12-1-2022

“ Everyone was super helpful and friendly! I felt welcome as soon as I came in for service. Joey and Kyle helped me and they were very professional, kind, and helpful. Definitely will be coming back and recommending this dealership to others! ”

Great place!

Julie Barcomb

12-6-2022

“ Great place! Very clean and everyone knowledgeable. Kyle in service was very helpful! ”

This is the place to go

Donald Hansen

12-4-2022

“ If your looking for a Dodge, Jeep or Ram this is the place to go ”

Thank you always for everything

JACOB SNYDER

12-8-2022

“ Joey Maldonado and Bruce Holcomb in the service department are awesome! Always take great care of me! Always treated like a longtime friend, or best friend! Anytime I need an appointment they are extremely flexible and get me in at my convenience. Thank you always for everything. ”

I am always in and out quickly

Courtney Fraine

12-9-2022

“ My husband and I purchased our used Kia Sorento from here and the service was top notch. Fry and Patrick were super helpful and let me drive so many vehicles until I figured out what I wanted. I get routine services there as well, Bruce always lets me know what is important to update/fix and I am always in and out quickly. ”

New Smyrna Chrysler Jeep Dodge RAM’s service department is top notch!

Laura Konters

12-9-2022

“ From the service clerks, to the mechanics, New Smyrna Chrysler Jeep Dodge RAM’s service department is top notch! ”

Great team at this dealership

victor konters

12-5-2022

“ Great team at this dealership. Sales staff friendly and knowledgeable. Service team rocks. Every time or vehicles have been in ( for general service or repairs) repairs done in timely fashion and folks have been a joy to deal with. I'd recommend them to friends ”

Can not speak enough praises for this dealer

Jenny Saylor

12-8-2022

“ Can not speak enough praises for this dealer. Recently moved from out of state and felt like I would never find a dealer I could feel comfortable with again. I was wrong. From the second I pulled in with my car. I felt welcomed and safe. Didn't feel like I was gonna be taken advantage of because I was a women. Felt like they were treating me like I was their own sister or daughter. This will be the only place I bring my car from now on. ”

They always do an amazing job

Chris Lehmann

12-6-2022

“ We service all of our vehicles here, they always do an amazing job. Diane Selvester & Joey Maldonado always take great care of us. ”

Excellent customer experience

Bob Johnson

12-14-2022

“ The CSR, Sierra, provided an excellent customer experience. Thanks to her a potentially bad experience turned out well. ”

Service was great

August Urban

12-22-2022

“ Service was great as always. ”

I had a great delivery experience

Kevin Anderson

12-22-2022

“ I had a great delivery experience, thank you for the delivery to my home! ”

Always a great experience

gary lamb

12-24-2022

“ Always a great experience and the best service advisors you could ask for. ”

I want to commend the Service staff here for their excellent customer service.

Audrey Viglione (AJ)

8-4-2022

“ I want to commend the Service staff here for their excellent customer service. My service contact was Scott K, and he was so pleasant and helpful, knows a lot about cars! great on communications. I'm confident he really looked out for me and my PT Cruiser repair. I also want to praise the service technicians: I overheard one talking to Scott about a repair issue (not mine). He had questions about a customer's extended warranty coverage, which he felt could possible apply to the repair. How's that for caring about the customer? I also met another technician when I picked up my car. So friendly and personable. Really, the employees here are exceptional. I will not hesitate to come back for regular maintenance from now on. Thank you New Smyrna CJDRam! ”