Buying vs. Leasing

Buying vs. Leasing

Buying vs Leasing

Weigh Your Options

When deciding on a new vehicle, choosing whether to buy vs. lease can be challenging. It varies from individual to individual, depending on the advantages you seek. As your automotive experts, we’re here to assist you in weighing the advantages and differences of buying vs. leasing a vehicle. Keep reading to discover which option best suits you, and visit our Lincoln dealer to start your journey.

Buying vs. Leasing: What’s the Difference?

As a driver, do you find yourself wanting to switch up your car every year or two? If the answer is yes, then leasing a vehicle may be a better-suited option than buying. If you’re looking to invest in your vehicle and build equity, purchasing a vehicle may be your better option. Below you’ll find the key differences between buying vs. leasing to help you make an informed decision.

Buying

Leasing

Ownership  You own your vehicle for as long as you wish on your own terms

Leasing  You are under a lease contract with terms for a designated amount of time

Loan payments  you will pay off the vehicle over time

Lease payments  Lower monthly payments for the vehicle’s depreciation and lower maintenance/service costs (Most automotive brands include the maintenance for 2-3 years)

Reselling  When you decide you want a new car, you will have to either trade-in or sell it

Trading In  At the end of your lease, you simply return it to the dealer without any worry of reselling

Investing  Even though your vehicle’s value will depreciate, you’ll still have equity and cash value

Renting  Although the value of the vehicle you lease has no future effect on you, you will have no equity or investment in it

Unlimited Mileage  Though more miles equals lower trade-in value, when you own your vehicle, there is no cap on the number of miles you can drive

Limited Mileage  A majority of leases limit the number of miles you can drive, and often, you have to pay for surpassing the limit

Ability to Customize  Since you own your car, you can customize any part of your vehicle on your own terms

Lease Restrictions  Having to return your leased vehicle in the same condition limits you from modifying your car in any way

Final Payments  Once you’ve paid off your car loan, you have no further payments to worry about

Renewing Payments  At the end of your lease, you can choose to purchase the car or decide on a new car to lease


The Choice is Yours

Leasing a car is a lot like renting an apartment; buying a car is a serious commitment and investment of your money. There are distinct downsides to both buying vs. leasing a vehicle, but there are also plenty of advantages to both processes. There is no incorrect choice when it comes to buying vs. leasing. It all depends on which process works best for you. Are you still conflicted on whether to buy vs. lease your next vehicle? Speak with our team, and we’ll work with you individually to find the best option for you.

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VIN: 5LMCJ2DA2RUL02266
Stock: R082
Model: J2D
In Stock
Ext.
Int.

Features

  • Adaptive Cruise Control
  • Bluetooth®
  • Remote Start
  • 4WD/AWD
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    $49,380 FINAL PRICE


VIN: 5LMCJ1DA7RUL02242
Stock: R096
Model: J1D
In Stock
Ext.
Int.

Features

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  • 4WD/AWD
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  • Keyless Ignition System

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VIN: 5LMCJ1DA0RUL07332
Stock: R129
Model: J1D
In Stock
Ext.
Int.

Features

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  • Bluetooth®
  • Remote Start
  • 4WD/AWD
  • Keyless Entry
  • Keyless Ignition System

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VIN: 5LM5J6XC7RGL01271
Stock: R141
Model: J6X
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Features

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  • 4WD/AWD
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VIN: 5LM5J7XC1RGL01126
Stock: LZ1
Model: J7X
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Features

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  • Remote Start
  • 3rd Rear Seat

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  • $6,161 SAVINGS
    $68,064 FINAL PRICE


VIN: 5LM5J7XC4RGL01394
Stock: R140
Model: J7X
In Stock
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Features

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  • 3rd Rear Seat
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  • Keyless Entry

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VIN: 5LM5J7XC6RGL01400
Stock: R149
Model: J7X
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Ext.

Features

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VIN: 5LM5J7XC9RGL05487
Stock: R175
Model: J7X
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Features

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  • 3rd Rear Seat
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VIN: 5LM5J6XC2RGL04997
Stock: R179
Model: J6X
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VIN: 5LM5J6XC0RGL06523
Stock: R188
Model: J6X
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Features

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VIN: 5LM5J6XC2RGL08662
Stock: DX193
Model: J6X
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Features

  • Bluetooth®
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  • 3rd Rear Seat
  • 4WD/AWD
  • Android Auto
  • Apple CarPlay

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  • $3,511 SAVINGS
    $58,479 FINAL PRICE


VIN: 5LMCJ1DA4RUL10122
Stock: R249
Model: J1D
In Stock
Ext.
Int.

Features

  • Adaptive Cruise Control
  • Bluetooth®
  • Remote Start
  • 4WD/AWD
  • Keyless Entry
  • Keyless Ignition System

More Details

  • $2,812 SAVINGS
    $44,058 FINAL PRICE



Additional Lincoln rebates may be available to reduce your price further. All prices include freight and destination. Pricing of vehicles on this website does not include options that may have been installed at the Dealership. Pricing includes current Lincoln rebates and manufacturer incentives such as Lincoln Automotive Financial Services Retail Bonus Customer Cash. Manufacturer incentives are subject to residency restrictions. All financing is subject to approved credit. Monthly payment calculator is an estimate and does not include tax, title, license or doc fee of $599. Please contact the Dealership for latest pricing and monthly payment. Published price subject to change without notice to correct errors or omissions or in the event of inventory fluctuations. Price good for 2 days only, please contact store by email or phone for details. While every effort has been made to ensure display of accurate data, the vehicle listings within this website may not reflect all accurate vehicle items. Accessories and color may vary. All Inventory listed is subject to prior sale. Every effort will be made to hold your vehicle of interest but may be sold prior to the time of purchase. In the event your vehicle of interest is sold, we will do our best to find a like model. The vehicle photo displayed may be an example only. Vehicle Photos may not match exact vehicle. Though we make every effort to provide you the most accurate, up-to-date information, occasionally, one or more vehicles on this website may be incorrect due to typographical, photographic, occasional human or technical error. We reserve the right to refuse to honor any incorrect internet prices as we cannot account for the occasional human or technical error. Please confirm vehicle price with Dealership. See Dealership for details.



Boulevard Lincoln

40 Bridgeville Road
Georgetown, DE 19947
Driving Directions
Sales 302-459-6298
Service 302-459-6316
Parts 302-459-6289

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Saturday 8:00AM - 5:00PM
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Tuesday 8:00AM - 6:00PM
Wednesday 8:00AM - 6:00PM
Thursday 8:00AM - 6:00PM
Friday 8:00AM - 6:00PM
Saturday 8:00AM - 5:00PM
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