Leasing vs Financing a Car

So, you’ve found a great luxury vehicle in the new Genesis of Doylestown inventory. Congratulations! Our team is thrilled to put another driver behind the wheel of a model they love. However, your adventure isn’t over yet! To make things official, you’ll have to secure an accommodating payment plan—but will you purchase or lease?

To help you decide, our team has created this guide on leasing vs. buying a car, providing the information you need to make an educated decision. No matter which option is best for you, our team is here to help you rule the roads of Doylestown, Chalfont, and Warrington, Pennsylvania, in style.  

Financing a Car

Purchasing a vehicle is a pretty straightforward process, but you still have decisions to make.

After you select the Genesis of your choice, you’ll meet with the experts in our finance center. One of them will work with you to find the best plan for your needs. To find an accommodating solution for your lifestyle, you’ll need to complete our credit application, which you can do online!

One of our team members will then connect with lenders throughout the region. They’ve built strong ties with these companies, allowing them to negotiate your terms and rates. After everything is agreed upon, they’ll put everything into a personalized contract. Then, the vehicle is yours!

Along with tailored auto loan assistance, buying a car offers lots of benefits, including:

  • Warranty coverage for new vehicles
  • Endless personalization options
  • No mileage limitations
  • Option to sell car at any point
  • No payments after loan is paid off
Leasing a Car

Leasing a Genesis is a bit different than financing. This type of payment package is often thought of as a long-term rental due to contracts that typically only last around three years. This is an excellent option for drivers who love to switch up their vehicles often.

Leasing begins the same way, by completing our online application. Then, one of our leasing professionals will learn more about your driving style and what you’re looking for in a vehicle lease and use that information to customize your contract.

When the lease term is up, you can return your vehicle and lease another one or buy the model!

Great flexibility isn’t the only benefit of leasing a car, either. Others include:

  • Warranty coverage
  • Lower monthly payments/down payments
  • Short-term and long-term leases
  • Easy end-of-lease process
  • New Genesis model every few years
Leasing vs Financing a Car: Which Is Right for You?

At Genesis of Doylestown, we strive to ensure every driver leaves our dealership with a car they love and a payment plan that works for them. From helping you select the suitable luxury ride to assisting through the leasing or financing process, you can count on our team throughout the entire journey.

To start your adventure, visit our Genesis dealership or schedule an appointment with our financing team. We look forward to helping you elevate your Doylestown, Chalfont, and Warrington, PA, travels soon.