• Sales: (888) 484-7210
  • Service: (888) 453-2163
  • Parts: (888) 543-6141

6060 Mayfield Rd. Directions Mayfield Heights, OH 44124

You've Gotta Get a Car... Gotta Get it at Ganley's Mayfield Nissan!

Info

Lease vs Finance

Ask Us For More Information

Contact

Ganley's Mayfield Nissan

6060 Mayfield Rd.
Directions Mayfield Heights, OH 44124

  • Sales: (888) 484-7210
  • Service: (888) 453-2163
  • Parts: (888) 543-6141

Hours

  • Monday 9:00 am - 8:00 pm
  • Tuesday 9:00 am - 7:00 pm
  • Wednesday 9:00 am - 7:00 pm
  • Thursday 9:00 am - 8:00 pm
  • Friday 9:00 am - 6:00 pm
  • Saturday 9:00 am - 5:00 pm
  • Sunday Closed
 

Should You Finance or Lease Your New Nissan

When it comes to taking your new Nissan home from our Mayfield Heights, OH dealership, you'll have the option to either buy or lease. There's a lot to consider when it comes to financing your car that you'll find at our Nissan dealership serving the Lyndhurst, Cleveland Heights, Shaker Heights and South Euclid, OH areas. If you need some help figuring out leasing or buying, take a quick look at these tips.

There's really no clear cut answer. Instead, deciding between leasing and financing your next car is a matter of determining what best fits your needs.

Leases are best for those who drive 15,000 or fewer miles per year, take excellent care of their vehicles, and want a new car every 2-4 years. Leases allow you to get a better-equipped car that might be more than you can afford to purchase. The best part? With a lease, you only have to pay for the portion of the car's life that you use.

On the other hand, financing is most ideal for those who drive more than 15,000 miles per year, put their vehicle through heavy use, and want to build equity through vehicle ownership. When you finance your car, you have the freedom to treat it as you please: sell, customize, trade, etc.  Leased cars and financed cars have no difference when it comes to maintenance and operating costs.

Of course this is just a quick overview, and we're happy to give you a better idea of what works best. So come on over to Ganley's Mayfield Nissan today and take a test drive and learn more about your financing options.




Credit

Good credit is an important asset to have in today's world. Credit allows you to purchase important things that would be inconvenient or impossible to pay for in full - think cars, homes, and tuition. Additionally, you often need credit cards to serve as collateral for car rentals, hotel rooms, etc.

Creditors look favorably on solid credit histories; they will no consider you a risk and are more likely to approve your request even if they haven't done business with you before.

Buying a vehicle

It's important to asses your income and expenses through a monthly budget to determine how much you can afford when buying a vehicle. Take into account all of your monthly expenses - like rent or mortgage payments, utilities, insurance, food, clothing, credit card payments, and entertainment.

Use the money left over in your budget to figure out what kind of monthly payment you can afford. As a side note, make sure to get an insurance quote on the vehicle you're considering and include that in your estimation.