If you're ready to get behind the wheel of a new Jaguar in Solon, Cleveland, or Hudson, OH, you'll need to think about how you're going to finance it. That may leave you wondering if leasing is better than buying.

At Jaguar Solon, we know both financial routes have their perks. That's why we've created this guide to leasing vs. buying a Jaguar. Let's see which option is better for you!

Leasing

Buying

Possibility of Lower Monthly Payments

Possibly Less Money in the Long Term

Easy Upgrades

Keep the Car for Its Lifetime

Warranty-Backed for Entire Term

Make All the Customizations You Want

No Need to Sell the Car

Great Investment


The Difference Between Buying and Leasing a Jaguar

Once you find the Jaguar you want to drive home, you'll need to finance your ride. Leasing and buying are two different ways to do just that.

If you choose to buy the car, you'll likely take out a loan. How does that work? Once you apply for financing, you'll be able to examine different offers from banks and lenders and choose the one that works best for you. After you provide a down payment, you'll make monthly payments until the full value of the vehicle is covered.

Leasing is different. It's like renting the car for an extended period. You'll only pay for the value of the vehicle while you're using it. Jaguar lease deals are usually based on the number of miles you drive in a year. You may also have the option to buy the vehicle at the end of the lease.


Why Should I Lease a Jaguar?

Leasing is a great financial option for many drivers. It comes with unique perks that may be a perfect fit for your lifestyle. The advantages could include:

  • Lower monthly payments
  • No down payment
  • Easy upgrade
  • Manufacturer-backed warranty

If you're a driver who always likes to have the most up-to-date technologies at your fingertips, leasing a new Jaguar could be the best option for you. The typical lease only lasts for about three years. Once that term ends, all you need to do is return the vehicle to our dealership and take the wheel of the latest model year.

All new Jaguar vehicles come with a manufacturer's warranty. It may help cover the cost of some service repairs so you can keep your vehicle performing at its best for the entirety of the lease.


Benefits of Buying

Buying is the ideal long-term solution. If you're looking to keep your new car by your side for its lifetime, buying is the way to go. You'll be able to enjoy some of the following benefits:

  • Less money in the long run
  • No mileage limitations
  • Great investment opportunity
  • All the customizations you want

When you buy a Jaguar, the car is yours to keep. That means you'll be able to clock as many miles as you need to-so go ahead, take that road trip. You can also make all the customizations you want, so you can make the vehicle uniquely yours.

Buying is a great investment opportunity. When you're ready to get behind the wheel of a new car, you can sell your vehicle to our dealership, and we'll cut a check or give you trade-in credit. Taking good care of your car will help boost its value so you can make the most out of your purchase.


Is It Better to Lease or Buy a Jaguar?

When it comes to buying vs. leasing a new Jaguar near Solon, Cleveland, or Hudson, Ohio, the choice you make all depends on your personal needs. If you're looking for the possibility of having lower monthly payments and easy upgrades, a lease is the way to go. If you're ready for a long-term commitment, make the move to buy your next Jaguar.

Contact our team at Jaguar Solon to learn more!


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Contact Us

Jaguar Solon

6137 Kruse Drive
Directions Solon, OH 44139

  • Sales: (440) 542-0601
  • Service: (440) 542-0601
  • Parts: (440) 542-0601

Hours

  • Monday 9a-8p
  • Tuesday 9a-6p
  • Wednesday 9a-6p
  • Thursday 9a-8p
  • Friday 9a-6p
  • Saturday 9a-5p
  • Sunday Closed