Our offices will be opening at 10:00 AM on Thursday, December 12.

Connected Credit Union FacebookConnected Credit Union InstagramYouTubeBlog

Verfiie dby Sysnet

Make a payment from an external account using a debit card, credit card or ACH. (an external account is a non-Connected Credit Union account)

One Time Payment

Returning User

Connected CU
Connected CU
Keeping you informed

Blogging with Kerri

Keeping you informed

Home > Should You Lease or Buy Your Next Vehicle?

Buy vs. Lease

7/8/2021

 Should You Lease or Buy Your Next Vehicle?      

Important things to consider when Buying your next vehicle:

  • Are you content with driving the same vehicle for many years?
  • Are you a high-mileage driver?
  • Do you want to take ownership of a vehicle?
  • Do you want the freedom to sell or trade your vehicle at any time?
  • Can you afford a downpayment to keep your payments affordable?

Important things to consider when Leasing your next vehicle:

  • Would you prefer driving a newer vehicle every few years?
  • Are you a low mileage driver? 
  • Will the lease provide you with a considerably "lower payment" than a purchase and is it worth the fees involved to lease?
  • Is a downpayment required?
  • Do you always want a warranty on your vehicle?

Test Out Our Lease vs. Buy Calculator

With Connected Credit Union's Lease vs. Buy Calculator, we will calculate your estimated monthly payments and your total net cost. By comparing these amounts, you can determine whether leasing or buying is the better option for you.

Try It

 

Disclaimer: Any reference made in this blog to a specific product, process, or service does not constitute or imply an endorsement by Connected Credit Union of the product, process, or service, or its producer or provider.



« Return to "Blog"