Bob-Boyd Chrysler Jeep Dodge

Should I Lease or Finance My Vehicle?

CDJR Lineup

Should I Lease or Finance My Vehicle?

At our Jeep dealership near Gahanna, we understand that purchasing a new vehicle is a significant investment, and we are here to provide you with the best options to suit your needs. Whether you are considering leasing a Jeep or financing a Ram, we have the expertise to guide you through the decision-making process. Below, we discuss the primary benefits of each option.

Whether you appreciate the flexibility of a Dodge lease plan or the stability of a Chrysler financing option, we can get you behind the wheel in no time at Bob-Boyd Chrysler Jeep Dodge Ram!

2022 Mopar Grand Cherokee (WL) Trailhawk 4xe in Bright White parked at the top of a rocky trail, with cloudy blue skies overhead and valley, lake, and mountains in the distance. View of a Mopar professional giving advice to a customer. Mopar professionals

What Are the Benefits of Leasing a Jeep?

Flexibility and Variety

Leasing a new Jeep allows you to drive the latest models without committing to long-term ownership. Enjoy the newest technological and performance features and stay up-to-date with the ever-evolving automotive industry. With a lease, you can choose a new Jeep in Lancaster every few years, giving you the freedom to explore new models and options.

Lower Monthly Payments

Leasing typically results in lower monthly payments compared to financing, making it a more affordable option for those who want to drive a brand like Jeep. Your payments cover the cost of depreciation for the period of the lease rather than the entire value of the vehicle, leaving you with more money in your pocket.

Warranty Coverage

Jeep vehicles come with a comprehensive factory warranty that often extends throughout the lease period. This means you can enjoy worry-free driving, with repairs and maintenance fully covered under the warranty. 

Minimal Upfront Costs

Leasing a Jeep often requires a smaller down payment, or sometimes none at all. This makes getting behind the wheel of this iconic vehicle brand more accessible to a wider range of customers.

Should I Finance a Ram Truck?

Ownership

When you finance a new Ram near Gahanna, the truck becomes yours at the end of the loan term. Owning a Ram provides you with the freedom to customize the vehicle to your tastes, and you can keep the truck as long as you desire. 

No Mileage Restrictions

Financing a Ram allows you to drive as many miles as you need without being subject to potential lease mileage penalties, making it suitable for those with long commutes or a greater reliance on their vehicle. 

Trade-In Value 

When you decide it's time to upgrade your Ram, the truck's trade-in value can be applied toward your next purchase, providing you with financial flexibility and options. 

Build Equity 

With each monthly payment, you build equity in your Ram, which can be advantageous regarding future financing options or personal asset management.

2022 1500 Limited 10th Anniversary Edition in Patriot Blue parked outside of house on curved driveway, cloudy skies and trees visible in the distance. buying new car from dealership