What Are the Benefits of Financing Over Leasing?

Posted: Saturday, March 26th, 2016

Car financing or leasing isn’t for everyone. The choice between the two is dependent on a number of factors such as your personal financial status, your approach to payments, and retaining your overall standard of living. When it comes to quality car financing, Green Light Auto Credit is here to help borrowers make an informed decision.

The Advantages of Financing

Financing means paying towards the eventual purchase and ownership of a vehicle through incremental monthly payments. Leasing differs in that it amounts to the conditional ownership of a vehicle over the course of several months, meaning fewer and lesser payments. But while financing is a means of paying towards ownership, leasing is merely the equivalent of renting.
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The merits of each option is dependent on your needs. You’ll have to consider things like whether you’re using the car for personal use or to entertain business clients, or if your budget would be better served by the practicality of long-term ownership. Ultimately, leasing is less advantageous than financing because you won’t own your vehicle at the end of the term.

Let Green Light Auto Credit Set You Up With the Perfect Contract

When you sign a contract with Green Light Auto Credit, you know that you are entering into a relationship with a credit lender that cares for your well-being and the establishment of a secure and reliable credit history. We work with you to secure a car loan or mortgage that suits your financial needs, offering advice every step of the way. Simply fill out one of our online financial applications to get started on the road to affordable financing.

Count On Green Light Auto Credit for Help with Car Financing

Green Light Auto Credit is ready to set you on the road to affordable car financing. Feel free to contact us at 866-845-1603 to learn more about financing today.

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