Advice From An Expert: Leasing Vs Buying A Car

You’ve found the perfect BM for you. Now it’s time to pay… You can’t figure out whether you should lease it or buy it. Which one is better? 🤔🚗⁣⁠

Leasing vs Buying a car

The benefits of buying a car

Both leasing and buying have their benefits. The benefit of buying your BM is that it becomes a lot easier to resell it at a later stage. Buying also ensures it will eventually be paid off and you’ll own it. This is a little more financially freeing as you have versatility in your means of payment. ⁣⁠

The benefits of leasing a car

The benefit of leasing your BM is that you can turn in your car for newer models at the end of your lease (within mileage) with no extra cost. Another benefit is that you do not own the car which means all the non-visible problems aren’t yours to fix once you return it. It’s also the cheaper option. ⁣⁠

Both options have their downsides too. Buying means you pay a lot more and all repairs are entirely from your pocket. Leasing has a mileage restriction that restricts your free maintenance and you’ll always be making car payments because you’ll never actually own the car. ⁣⁠

🚗 We do all vehicle brands’ mechanical repairs, services, troubleshooting, and electrical repairs in our workshop in Bellville, Cape Town. Contact us to book your service/ repair today! www.3servicecentre.co.za/contact-us 🚙

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>