Buy vs. Lease

finance a FIAT near Alexandria

 When it comes to putting a new vehicle in your driveway, there are many decisions that you have to make first. You'll have to narrow down the make and model that you're interested in, and then decide whether you want to buy it or lease it. There are pros and cons to each option, but to figure out which option will best suit you, you'll have to think about what you want out of your new vehicle. If you're unsure whether buying or leasing is the best right option for you, the experts at our FIAT finance center serving Alexandria can help you with your decision.

How much driving are you planning to do behind the wheel of your new vehicle? With leasing, there are mileage limits to adhere to and if you go over those limits, you could be subject to additional charges. When you buy a vehicle, you don't have any mileage limits to worry about. Quite obviously, when you choose to buy a vehicle as opposed to leasing one, you own the vehicle outright, which means that you're free to make any customizations that you want. You can modify the vehicle as you please. Plus, you have the ability to trade the vehicle in whenever you want!

The downside to buying a vehicle is that you'll be subject to a larger down payment than you would have if you chose to lease. It's also important to keep in mind that although buying a new vehicle gains equity for you, the vehicle also loses its resale value rather quickly. When you buy a car, you'll also be subject to higher monthly payments than you would with a lease, and you'll be responsible for paying for all needed repairs and maintenance services.

The Pros & Cons of Buying or Leasing a FIAT Near Alexandria

If you don't plan on doing extensive driving in your new car, a lease may be the best option for you. With a lease, you'll have a lower down payment than you would if you had chosen to buy the vehicle. You'll also have lower monthly payments and all car repairs will be covered under warranty. What's more, you'll get a new car every two to three years. The downside to leasing is that, like we mentioned earlier, you have the potential to incur extra fees if you exceed mileage restrictions. You can't modify the vehicle to your liking, and you have to maintain the vehicle in like-new quality or you could be subject to fees when it comes time to turn it in.

buying vs leasing a car

Whether you choose to buy or leasing comes down to the type of driving that you plan to do, and what you need from a vehicle. Think of a lease as a long-term rental. Sure, you have to keep it in tiptop shape, but at the end of the lease period, you'll find yourself behind the wheel of a brand new car.

If you prefer to have more freedom with a vehicle, buying is definitely your best bet. When you purchase a vehicle outright, you can customize it to fit your specific needs and reflect your personal style. Purchasing a car can also help improve your credit score.

If you've got a specific vehicle in mind, you can use our Alexandria area dealership's FIAT payment calculator to estimate potential finance or lease payments on the FIAT vehicle of your dreams. Our convenient online payment calculator will help you to better determine which FIAT model works best for your lifestyle and budget.

If you still have questions, a member of our friendly and knowledgeable finance staff will be more than happy to assist you. Please contact us at (888) 904-4977. Whether you've decided if buying or leasing is the right option for you, you can get a jump start on putting a new vehicle in your driveway by filling out our convenient online finance application below.


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Safford FIAT of Fredericksburg

4535 Lafayette Blvd Unit A
Directions Fredericksburg, VA 22408

  • Studio: (540) 369-3877
  • Service: (540) 898-7200
  • Parts: (540) 898-7200


  • Monday 9AM-9PM
  • Tuesday 9AM-9PM
  • Wednesday 9AM-9PM
  • Thursday 9AM-9PM
  • Friday 9AM-9PM
  • Saturday 9AM-6PM
  • Sunday 12PM-5PM