Should You Finance or Lease Your Next Ram in Central Michigan?

Finance or Lease Your Next Vehicle with Thelen in Bay City, MI

Looking to get behind the wheel of a new Ram truck in 2024? Are you uncertain about whether or not you should finance or lease it? The team at Thelen Chrysler Dodge Jeep Ram in Bay City is here to help you determine which option is best for you. There are merits to both financing and leasing your next truck in mid-Michigan, and we are here to explain why each method is advisable. No matter which you wind up choosing for your financial needs, we are confident that you’ll love every moment you spend behind the wheel of your new Ram truck in Central Michigan. 

Financing vs. Leasing Your Next Ram Vehicle in Mid-Michigan

Financing Benefits – 

If you are looking to own your next Ram for a long time after you purchase it, financing is the option for you. When you finance your truck, you own the vehicle after your final payment is complete. As such, you’re allowed to do whatever personal alterations to the truck that you’d like. This is also the option to choose if you eventually plan on passing it down to your children as their first truck after your time with it is over. Thanks to the longevity of a modern Ram, we love this reason as an option to consider purchasing your new vehicle. 

Leasing Benefits –

When compared to financing, leasing has its own array of benefits that we recommend you consider. For example, leasing offers better monthly payments on average when compared to financing. As such, this allows you to get behind the wheel of a better-equipped truck for the same price as if you were financing. Leasing also offers you the opportunity to continually drive the latest in performance and technology as you can always get behind the wheel of a new model year Ram after your current lease period expires. Finally, you also get to drive your truck during the least likely time for repairs throughout your lease.  However, the vehicle can not be altered or personalized because it is returned to the company at the end of your lease time unless you choose to purchase it at that point.

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Tags: Bay City, benefits of leasing, Finance, Finance Center, Finance Department, Great Lakes Bay Region, Lease, leasing a vehicle, Michigan, Mid-Michigan, Thelen Chrysler Dodge Jeep Ram, Thelen Ram
Posted in 2024, Bay City Dealer, Thelen Chrysler Dodge Jeep Ram, Vehicle Finance, Vehicle Lease | No Comments »