Buying vs Leasing at MINI of Glencoe

You no doubt are looking forward to when you can get behind the wheel of a thrilling MINI Cooper car and take it home to drive every day. However, getting to this point means going through the process of financing, which is often a major source of stress for drivers. That’s why at MINI of Glencoe, we strive to take this anxiety off of your shoulders by providing excellent service at our MINI finance department. We will be sure to sit down with you and address any concerns you may have about financing, including whether buying or leasing is the choice for you.

Advantages of Leasing

Leasing a new MINI Cooper makes it easier and quicker to gain access to the latest performance updates and the most modern technology features our cars have to offer. This is because you aren't responsible for the full price of the car and pay less per month and upfront than when you buy. Essentially, you are paying for the depreciation of the car rather than the car itself. When your lease term is up, you can drop off the car and lease another new vehicle if you choose, which is a far easier process than trying to sell on your own.

Advantages of Buying

Many drivers decide to buy when they want to build equity in their vehicle over time, turning their vehicle into an investment. Plus, many drivers enjoy the feeling of owning the car for themselves after paying off the last monthly installment. And when you buy, you have the freedom to drive as many miles as you like on your vehicle and can add aftermarket features to make the vehicle even more your own.

If you have any questions about the financing process, don’t hesitate to call or visit our MINI dealer near Lake Bluff today.

Categories: Finance

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