Is Leasing a Nissan Right for You? Pros and Cons

Leasing Costs Less Than Buying

Leasing is almost always the cheaper way to drive. As you’re not keeping the car, you’re not expected to pay anywhere near to its full value. This means your starting costs will be lower, and sometimes without any down payment at all. Your monthly leasing payments will also be significantly below those expected with a car loan. 

Higher-End Nissans Become More Affordable

The exciting thing about leasing is that you can get more Nissan for your buck. Brand-new premium Nissan models and trims with superior comfort features, performance specs, and technology come within your grasp. Have you been considering buying a Nissan Kicks or LEAF? Perhaps you can lease a higher-end ARIYA, Murano, or Armada instead. 

Trading Up Is Effortless With a Lease

If you think about leasing as a sort of long-term rental that lasts for two or three years, then you’ll see how easy the process is. Once the lease term is up, it’s so easy to return the leased vehicle before driving away in a newer model that’s filled with the very latest features and tech. Trading up with a fully owned car is rarely as smooth and quick. 

You Avoid the Stress of Depreciation  

All new cars lose value once they leave the lot. This is a somewhat stressful fact that new-car buyers have to deal with. When leasing, the market value of the vehicle doesn’t need to bother you at all. If depreciation is more than expected, you just need to continue paying the same amount and return the car when the lease is over, with no financial loss. 

Advantages of Buying a Nissan Instead

Leasing tends to come with mileage restrictions, which means you can’t drive more than a certain number of miles each year without incurring a fee. This is something you should discuss before signing the lease; if you drive more miles every year than most, it might make more sense to buy the car. 

You also build no equity in the car when you lease it, which bothers some drivers. Having said that, if you really love the vehicle, you can typically buy out the lease to keep the car; in this case, the buyout price will have been laid out in the terms of the lease. 

Let’s Discuss Your Nissan Leasing Options in Detail

If you’re curious about leasing, let’s discuss it further. You’re welcome to test drive whichever Nissan you’re interested in and find out how much you could save with a lease, rather than buying. 

Visit Coughlin Nissan of Heath in Heath, OH, to get started. 

Tags: Coughlin Nissan of Heath, Nissan Financing, Nissan Leasing
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