Should I Buy or Lease?

Should I Buy or Lease in Opelousas, LA?

If you’ve ever wondered whether you should buy or lease your next vehicle, you’ve come to the right place to find the answer. At Giles Nissan Opelousas, we understand that deciding between buying or leasing your new or Certified Pre-Owned vehicle doesn’t come lightly. That’s why we’ve compiled a list of reasons for you to consider when buying or leasing your next vehicle to help you make the right decision. Let’s take a look.

Why Lease a Nissan Vehicle?

Moderate Monthly Payment

When you decide to lease a new or Certified Pre-Owned Nissan model, you enjoy a more convenient monthly payment for a shorter period of time. These agreements can run for 24 or 36 months and sometimes longer. The longer your lease term, the more likely you are to have a lower monthly payment.1 You may find leasing a vehicle is similar to renting your home. You pay a fixed monthly rate, and when you’re ready to move on to a better or bigger model, you upgrade and start a new leasing agreement. This is an excellent way to get into the exact model you want without the commitment. Most of the time, your lease agreement is less than if you financed the same model. This will allow you to drive the latest and greatest models on the market without paying full price.

Lifestyle Flexibility

Since more and more businesses are offering work-from-home opportunities, we understand that flexibility is key. We also understand more of our customers are working from home than ever before, so offering flexible lease options is important to keep up with the ever-changing workplace demand. So whether you’re working from home or traveling for a hybrid position, our guests are generally driving less miles than before. When you lease a vehicle, you get a set number of miles you can drive within your term. Driving less for work means you can drive more miles for fun during your lease term without worrying about going over your set amount. You can create a tailored agreement to fit your lifestyle — something you can't do when you decide to buy. It’s also easy to get upside down in a loan, but when you lease, you won’t have any concern about owing more than the car is worth. This adds another advantage to leasing over buying. Plus, you no longer have to worry about selling your ride or trading it in because we take care of everything for you. All you have to do is return your Nissan to our dealership once your lease is finished. And if you love it so much you don’t want to part with it, you’ll have the opportunity to buy it instead.

Warranty Protection

Most newly leased Nissan models are protected by their New Vehicle Warranty and some may receive free maintenance coverage throughout a large portion of the lease.1 With lease periods lasting between 24-36 months, we can determine that the most cost-effective option would be to lease your next vehicle. By doing so, you can save time and money by not having to fix defects, make repairs and pay for maintenance that is typically covered by your manufacturer's warranty throughout the lease term. However, if you buy a vehicle instead, you'll only have the benefit of the warranty for a small percentage of the time you drive the vehicle. Once your warranty expires, there’s a lack of coverage for much-needed repairs and maintenance, leaving you stuck with the bill.

Why Purchase a Nissan Vehicle?

No Additional Fees

Although leasing your next vehicle can be an attractive option for most, it can also become costly if you’re not careful. For example, excessive wear and tear on your ride, exceeding the mileage limit or canceling the lease before its end date can put you in a financial bind faster than you originally thought. You could be left with a huge bill for any damage done to the exterior or interior of the vehicle not otherwise covered by the lease. But when you purchase a brand-new Nissan, you no longer have to worry about any additional fees.

Financial Flexibility

Whether you purchase a brand-new Nissan or one of our used models, you will enjoy the flexibility of lower financing opportunities, down payment incentives and even dealer specials on some of your favorite models. You won’t see the same incentives with a lease. Plus, new car specials are available on select models directly through our website, making it more convenient to buy online. This means that buying a vehicle, rather than leasing one, may be a better investment in the long run.

True Freedom

Car buying doesn’t have to be complicated. It is easier now than ever to buy the exact car you want. At Giles Nissan Opelousas, we make it easy to get into the vehicle of your dreams. Start by applying for financing online through our website or by visiting our dealership to have any of our trained experts assist you with your car-buying questions and concerns. Whether you decide to purchase your new vehicle online from our current inventory, place a pre-order for the model that fits your lifestyle or choose a Certified Pre-Owned model, we are here to help you get into the vehicle of your dreams. Enjoy the freedom of driving a Nissan that you can call your own.

If you’re ready to be the proud owner or lessee of one of our new models, feel free to contact us online or visit Giles Nissan Opelousas at 4383 I-49 South Service Road, Opelousas, LA 70570. Remember, a member of our team is just a phone call away if you’d like to talk through your options instead! We look forward to serving customers from Opelousas, LA, near Carencro, Eunice, Port Barre and Central Louisiana.

1Visit Kelley Blue BookⓇ for more information on lease agreements.