Should I Buy or Lease a Dodge Vehicle?

Car buying is a tricky process. There isn’t a one-size-fits-all option. But with our Dodge lease guide, you can get all the information you need and get on the right financing program that best fits your driving as well as budgetary needs.

When You Should Choose a Dodge Lease

Leasing allows you to switch to a new Dodge vehicle after a couple of years. It gives you the flexibility to experience a variety of models without having to feel like you’re losing money through depreciation.

Because if you didn’t already know, the moment you buy (not lease) a new car, it immediately loses approximately 10 percent on depreciation. By the following year, it will lose another 10 percent. This type of loss is what hurts your resale value the most.

Another reason to lease is the prospect of a lower down payment, lower monthly payments, and warranty coverage on most repairs.

When You Should Buy?

Buying allows you to modify vehicles and helps you build equity. This buying option serves those who prefer to – one day – own their car entirely, and not need to make any monthly payments.

But the biggest downfall, of course, is the loss of money through depreciation.

Financing a Dodge Vehicle

At Woodhouse Chrysler Jeep Dodge RAM, you can apply for financing online saving you precious time and effort. You can get pre-approved on the spot and even get a chance to calculate your monthly payments. Our financial experts will help craft the right financing program specifically for your budgetary needs.

So, whether you buy or lease, rest assured that we’re here to guide you through the whole process. You’ll be sitting behind the wheel of a Dodge vehicle in no time. We hope to hear from you soon!