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You've made the decision that it's time for a new Audi, and now you're asking yourself, "should I buy or lease?" Both routes have their advantages and your ultimate decision will be determined by your current financial situation and driving needs throughout Hampton. Below, we'll discuss the perks of both signing on a lease vs. buying so you can better see which option is optimal for you!

Why Opt for a Lease vs. Buying

Leasing is a common choice for Williamsburg drivers for many reasons. Enjoy the following benefits of choosing an Audi lease vs. buying a new vehicle. 

  • Low monthly payments. If you're working within a strict monthly budget, leasing is advantageous because the payments are typically lower than loan payments. 
  • Stress-free maintenance. Leasing a vehicle comes with great warranty coverage. If you need repairs or routine maintenance, schedule your service appointment, and relax. 
  • Simple trade-in. At the conclusion of your lease term, simply bring the vehicle back and trade it in for a new model. No need to haggle trying to resell your vehicle. 
  • Enjoy the latest features. Simple trade-ins also mean staying in the latest models with the most advanced features.

Lease vs. Buying: Why Buy

Upgrading your daily drives across Virginia Beach by choosing to buy your next car has its own perks. Here's what you can look forward to when you buy your vehicle: 

  • You're building equity.  When you buy your vehicle, it's yours, meaning its value is considered an asset. Leasing means you do not technically own the vehicle. 
  • Ability to customize. With total ownership of the vehicle, you can personalize it as you please. Outfit it with accessories, new parts, or add stylistic flair- your choice. 
  • No mileage limits. Lease benefits only apply if you stay within your predetermined mileage limits. Buy your vehicle and rack up miles around and far beyond Norfolk with no penalty. If long hauls are in your future, buying is your best bet. 
  • Resell at your convenience. Whenever you're ready to sell, you can.

Get Financing Advice From Audi Hampton 

Our Audi Hampton finance team is here to guide you through questioning, "should I buy or lease?" Contact us today and we'll start the conversation about whether a lease vs. buying is best for your current lifestyle, financial circumstances, and driving needs! Additionally, be sure to browse our offers, incentives, and new vehicle specials to make the most of your budget.

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