Buy vs Lease near Frederick, MD

If you feel that it's time to amplify your trips around Frederick with a fresh vehicle, you can count on the Sheehy Mazda team for assistance. Not only will we help you decide on a car that suits your needs, but we'll also lay out two payment options that you can consider. Continue reading to gain more insight regarding the differences between buying and leasing.

Buying

Also referred to as financing, buying a car means you will be paying to own. When choosing to purchase a Mazda car from our lot, you can pick between a new and used model for your trips to Adventure Park USA. Once you inform us of your preferred down payment, a financial advisor will obtain a loan and concoct a monthly rate that you can factor into your budget. That borrowed amount must be paid off over the course of four to seven years, which will lead to full ownership of the vehicle. 

Leasing

On the other hand, you're welcome to lease a new Mazda! This is a temporary alternative to the previously mentioned option, making it possible to drive down Baltimore National Pike without breaking the bank. That's because what you'll owe during these terms are determined by the depreciation while the car is in your possession. Since leases last for two to four years, you won't be forced to commit to the Mazda CX-90 or Mazda3 Sedan for an extended period of time. Instead, you'll have the choice to trade models at the end of your contract. If you decide the car you've been piloting around town suits you, you're welcome to finance the residual value for permanent ownership.

Which Is Right for Me?

We'll gladly help you out if you're still unsure of which route to choose. If you tend to travel long distances or have your eye on a pre-owned model on our lot, the Sheehy Mazda representatives will recommend buying a car. This is because financing lets you pick between both new and used vehicles while also not being required to abide by a mileage limit that comes with leasing. Cruising around the area in a factory-fresh Mazda CX-5 or Mazda CX-70 might be enticing to some, which is why leasing is a great way to test the waters of a sedan or SUV without making a full commitment. Contact our team if you have any further questions.