Land Rover Buying vs Leasing

You have made the incredibly exciting decision to drive home a new Land Rover model but now, you need to decide whether or not you will be buying or leasing. These two financing options are both great for different reasons, and which one you choose can be determined by a few different things from your financial situation to your lifestyle. To help you decide which financing route you will be driving down, we are going over them in detail below, so keep reading!

The first of the two financing options offered when purchasing a new Land Rover model is buying. With this option, you own the vehicle and you can keep it as long as you want or maybe hand it down to one of your kids. Another great benefit of buying is the ability to sell or trade in your Land Rover model at any time, a great thing to know if you unexpectedly need to downsize or move. There are also no mileage limits when you buy your Land Rover model, you can drive across the country three times and nothing can stop you. You also don’t have to worry about excessive wear and tear when you own the vehicle because it is yours and yours alone. Buying also opens the doors to customization! You can add all the aftermarket accessories, but watch out because some could void your warranty.

The second of the two financing options is leasing! There are also a ton of benefits to choosing this option including lower monthly payments. This is because, instead of paying for the entire value of the vehicle, you are only paying for the depreciation of the vehicle during your lease. One of the biggest benefits of leasing is the ability to drive around town in a new car every 3 years. Once your lease term is up, you’ll give your vehicle back to the dealership and you can embark on a whole new leasing deal with the latest model. This also means that your Land Rover model is almost always under warranty which can include things like free oil changes and more.

Whether you are looking to hop behind the wheel of a Land Rover Discovery or a Range Rover Sport, we have a model on our lot for you. If you still aren’t sure which of these financing options works best for you, , our finance team can help you dive into the choices in more detail and help you decide. They are here to help you get the best deal possible. To make the process move along faster, take the time and get pre-approved for financing with our secure application on our website. We look forward to helping you buy or lease your next Land Rover model!