SHOULD YOU BUY OR LEASE YOUR NEXT NEW LINCOLN MODEL IN ATLANTA?


Choosing the right new Lincoln model is undoubtedly a major accomplishment, but you must first decide whether you want to purchase or lease your future car before you can drive it home. We have a wide array of new Lincoln models available for sale or lease here at Hennessy Lincoln Atlanta, but the path you take towards making the final leap is ultimately determined by your personal preferences and financial needs. 
Having trouble deciding whether to buy or lease your next new Lincoln vehicle or SUV? Do not fret! You can choose the best option for you with the assistance of our finance specialists. It helps to weigh the advantages and disadvantages of both choices to choose which one best suits your needs. We'll be pleased to help you choose the best option for your way of life.

Want to learn more about the advantages of purchasing and leasing a new Lincoln vehicle close to Atlanta? An overview of both choices is provided below to assist you in making your decision. 

BUYING A NEW LINCOLN MODEL

Our financing department can assist you in obtaining an auto loan so you may buy your ideal vehicle and drive it happily home. The car is yours after your loan is paid in full. Period. The world is your oyster, as they say, and you are free to drive it as much as you want, alter it, work hard on it, sell it, and trade it in for a brand-new vehicle.

Buying Pros

  • No monthly payments once your loan is paid off
  • No penalties for customization or excess wear
  • No restrictions on how many miles you can drive
  • Freedom to sell or trade towards another vehicle

Buying Cons

  • New cars tend to take a sizable depreciation hit when they leave the lot
  • Monthly payments are typically larger than lease payments
Conclusion: The option of purchasing your next new Lincoln model close to Atlanta may appeal to you if you wish to keep your automobile for a very long time and do anything you want with it while you are its owner. 

LEASING A NEW LINCOLN MODEL

Leasing an automobile means simply returning it to our dealership in nearly the same condition that you found it, with the exception of some minor signs of wear and tear. Every few years, drivers who lease have the chance to drive a brand-new car and take advantage of its benefits—often at a much more appealing price.

Leasing Pros

  • Lower monthly payments
  • No need to fret about trade-ins; simply bring your car back at lease-end and start the process anew
  • Always up to date on technology and safety features
  • Car is under warranty for the duration of the lease, helping you save on service

Leasing Cons

  • Mileage restrictions
  • Fees for excess wear and tear
  • Value of the car cannot be put towards a new car
Conclusion: If you enjoy driving brand-new cars in Atlanta, Georgia and you don't often accumulate many miles in a year, leasing can end up being the more appealing option. This route gives several options, whether you decide to continue the leasing process with another brand-new car or you decide you want to buy a car that you've leased. 


STOP BY OUR DEALERSHIP TO LEARN MORE

If you're still undecided, we encourage you to visit our Lincoln dealership close to Atlanta, Georgia right away to speak with our finance staff. We'll be pleased to provide you with further information and assist you in making your choice.

We hope to see you very soon!Â