Buying vs Leasing
Aside from picking out your new Chrysler, Dodge, Jeep, Ram vehicle from our new inventory, deciding on which financing route you'll take is the next decision you have to make. Once you've picked out your model, our Finance Center professionals will lead the way for vehicle financing. Clients will have two main routes: a loan or a lease. These two major finance choices each have pros and cons, so look at the top considerations before deciding between an auto loan or a lease.
Filling Out an Application Online
Our Finance Center professionals are available to answer any questions you may have and provide guidance for each client based on their individual scenario. When signing the contract for either option, you'll be asked to fill out an application that consists of basic information. It's easy to complete this pre-approval application online from the comfort of your Milton couch. This application will help you get approved for an auto loan or lease option that won't strain you financially. We work with lenders around the Glen Falls area to bring you several competitive financing options.
Benefits of Leasing
Leasing can be an appealing way to finance your new Chrysler, Dodge, Jeep, Ram vehicle. It allows for flexibility and lower monthly payments compared to a traditional auto loan. However, clients, on average, know less about an auto lease compared to an auto loan, so our team can help you identify if this is the right choice for you and your Saratoga Springs lifestyle.
- Lower maintenance costs since leases are available for new model year vehicles.
- Potential coverage under the new vehicle warranty.
- Usually accompanied by complimentary oil changes and other routine maintenance service.
- Access to the latest safety features.
- Affordability of higher trims, packages, or models that would be unattainable through a loan.
- Lack of concern over auto market fluctuations and vehicle value.
- Opportunities for tax advantages for business owners.
- Easy surrender at the end of the lease term.
The benefits of an auto lease are abundant, but it should also be noted that this financing method has some restrictions. Your leased vehicle will be subject to mileage limitations, so consider financing if you drive many miles around Malta and beyond. You may also face excess wear-and-tear charges. These are a few disadvantages of leasing that you could experience.
Learn More About Financing
Financing is a process most buyers are familiar with, yet there are still some details that are not widely understood with this purchasing method. The main advantage of financing a new or used Chrysler, Dodge, Jeep, Ram vehicle is that you'll own the model at the end of the loan term. There are a few more benefits that loans offer, as well:
- Flexible term lengths that range from 12 to 84 months, depending on vehicle characteristics and client finances.
- Ability to sell or trade the vehicle at any time.
- Options for customization without required approval or restrictions.
- Unlimited mileage, wear-and-tear, or maintenance requirements.
- Ownership of vehicle's cash value.
- Built up equity to roll over into a new car purchase.
As with any financial scenario, there can be disadvantages to loans. Longer terms can lead to increased interest payments instead of a lower monthly payment for consumers. Also, financing charges can add up for those individuals who plan to trade out their vehicle every few years for a new or different model. However, whatever your concerns may be, our team can work through them to create the best financing agreement for you.
Contact Us for More Information
Consider our Chrysler, Dodge, Jeep, Ram dealership in Greenwich for your next auto loan or lease. Our new and featured pre-owned inventory pairs nicely with our competitive pricing and ever-changing finance specials. Contact a team member today to get started. We look forward to hearing from you online or over the phone today.
Otto Chrysler Dodge Jeep Ram of Greenwich
2551 State Route 40, Greenwich, NY 12834-2301
Contact UsHours
| Monday | 8:30AM - 6:00PM |
| Tuesday | 8:30AM - 6:00PM |
| Wednesday | 8:30AM - 6:00PM |
| Thursday | 8:30AM - 6:00PM |
| Friday | 8:30AM - 6:00PM |
| Saturday | 8:30AM - 3:00PM |
| Sunday | Closed |
| Monday | 7:30AM - 5:00PM |
| Tuesday | 7:30AM - 5:00PM |
| Wednesday | 7:00AM - 5:00PM |
| Thursday | 7:30AM - 5:00PM |
| Friday | 7:30AM - 5:00PM |
| Saturday | Closed |
| Sunday | Closed |
| Monday | 7:00AM - 5:00PM |
| Tuesday | 7:00AM - 5:00PM |
| Wednesday | 7:00AM - 5:00PM |
| Thursday | 7:00AM - 5:00PM |
| Friday | 7:00AM - 5:00PM |
| Saturday | Closed |
| Sunday | Closed |