Should You Lease or Buy an INEOS Grenadier?

The differences between leasing or buying an automobile inevitably lead to questions about the best route. Truth is, there's no wrong answer. Whether to get an INEOS Grenadier lease or choose financing depends on your budget, lifestyle, and personal preference. MileOne INEOS Grenadier can help you understand the differences and make the best choice.  

When Should You Lease? 

A very appealing reason to lease is that your required down payment will be lower, as will your monthly payments. This is because instead of financing the full value of the vehicle over a period of, say, five years, a lease requires you to only "pay" for the partial value of the vehicle over a three-year period. Plus, when you buy a car, some of what you're paying for is the vehicle's depreciation. This is much less of a factor when you lease.   

Another reason to lease a new INEOS Grenadier is if you like the idea of driving a different vehicle every few years instead of driving the same car for several years straight. Leasing is also beneficial because you don't have to worry about trying to sell the vehicle. When your lease ends, you can buy the car, extend the lease, or drop the keys off and walk away.  

When Should You Buy? 

If you prefer to pay off and own a vehicle without worrying about a car payment, consider purchasing at our Silver Spring, MD, INEOS dealership. Moreover, buying a car allows you to build equity in it. So when the time comes to sell it, you can expect a strong return. On the other hand, there's no opportunity for equity with a leased car. Another reason to buy is if you want the flexibility to customize the car, whether with manufacturer options or aftermarket parts.  

Buying a car also means not having to worry about the mileage limitations that come with leased vehicles. Additionally, excess damage to a leased car will be charged to you at the end of the lease. On the contrary, when you own a car, you can drive as much, as often, and as hard as you want.  

Explore INEOS Grenadier Lease and Finance Options in Silver Spring, MD 

Shopping for a new car is exciting, and it's nice to know that there are two great options to consider for ownership. Visit MileOne INEOS Grenadier today so you can get to know our selection and we can talk further about lease and finance options and any available INEOS Grenadier finance offers.