Buying vs. Leasing

The Sunrise Auto Financing Team Shares Tips About Buying vs. Leasing Your Next Car in Oakdale, New York

We want every one of our valued customers from the Brentwood, NY, Islip, Smithtown and Long Island area to make an informed decision when deciding if they should buy or lease a new Toyota or Scion vehicle from our Oakdale, New York car dealership. There is always the option to get a car loan for a new Toyota or Scion or one of our quality used cars, trucks or SUVs as well. Our professional and patient auto finance team will work closely with you to help you determine which avenue is right for you. Here are a few items to consider:

Pros of Buying Your Next Vehicle

  • You are paying towards something you will own, so whether you choose to purchase it outright or finance it, you won't always be making payments.
  • Taking out a loan to buy builds credit.
  • Since you ultimately become the owner of the car, there are no mileage conditions, so you can travel without keeping an eye on the odometer.
  • You're free to sell the vehicle once you pay it off.
  • It's your car, so you can personalize it to look like your car with genuine OEM car parts from our certified Toyota parts and accessories center.

Pros of Leasing Your Next Toyota on Long Island

  • You can periodically get different vehicles to switch up your style, whether you'd like the redesigned version of your current car, truck, van or crossover or just an entirely new model altogether.
  • You don't have to take out a loan or pay a lump sum of money since you're only paying off a portion of vehicle's full value.
  • There's no concern about your car depreciating in value.
  • Once your lease has expired, you not only have the option of trading in your vehicle for a different model, you can also renew your lease or buy the car.
  • If you're a business owner, a leased vehicle can quite often be claimed as a tax deduction.

We understand that everyone's financial situation is different. If you need a little extra help deciding if you should buy or lease a vehicle from the Brentwood, Islip and Long Island area (or if you should take out a car loan to do it), that's precisely what our auto financing experts are here for! You can even get the process started right from the comfort of your electronic device by filling out this simple finance application, and we'll be in touch with you shortly. Please contact us today if you would like more information on auto financing or car buying and leasing in Oakdale, NY.