financing lease vs buy? | Genesis of Westlake Explains

Should I Lease or Buy?

The decision of whether to lease or buy a new Genesis requires weighing a number of factors to determine the best course of action. Just as no two Calabasas Genesis customers are alike, there isn't a standard answer that will work for every situation. So, the question is, which is right for you?

The Advantages of Buying a New Genesis Near Westlake Village

In general, purchasing a new vehicle will require fewer out-of-pocket expenses than leasing, and you will eventually build up equity in the car. With no mileage limits in Agoura Hills, you can drive it as often and for as long as you like, with the option to sell it at any time. You are also free to accessorize, install aftermarket performance parts, paint it hot pink, or alter the vehicle in any way you see fit.

The Advantages of Leasing from Genesis of Westlake

The financial benefit of leasing a new vehicle is that your monthly payments are typically lower than in a purchase situation. Because you are, by definition, driving a new car, your vehicle will be covered by the Genesis warranty. The other benefit is that, unlike with a purchase, you'll never be "underwater" by owing more than the car is worth because you're only paying for the depreciation of the vehicle during your lease period.

Contact a Finance Specialist at Genesis of Westlake, Serving Oak Park

At Genesis of Westlake, our finance specialists have years of experience advising customers from Thousand Oaks to Simi Valley on the decision of whether to buy or lease their new vehicle. Contact a finance specialist today to discuss your options, and be sure to check our specials page to be sure you are seeing the most recent deals available for your new Genesis.

Use our easy and secure online credit application to get your journey started, regardless of whether you decide to purchase or lease from Genesis of Westlake.