Search

Should I Buy or Lease a Car?

Person Saving Money in Piggy Bank

Whether you’re acquiring your first new Mazda or it’s been a while since you bought a car, you might be wondering, “Should I buy or lease a car?” The answer to this question depends on your financial situation. In leasing vs. buying, there’s no one correct answer. Both options have plenty of pros. Join Enchanted Mazda as we break down the differences between leasing vs. buying so you can decide which is the best option for the way you drive in Santa Fe.

The Benefits of Leasing

If you choose to lease a car for your Los Alamos drives, you’ll essentially be contracting a long-term rental. Enchanted Mazda will own your vehicle, and you’ll make a monthly lease payment for the term of the lease, which is usually a few years. While you won’t accrue equity in your vehicles, lease payments are generally lower than the payments on a financed car. When your lease term ends, it’s easy to return the car to Enchanted Mazda. As long as you’ve adhered to the mileage limits and wear restrictions, you’ll be able to return the car, purchase it, or move on to another lease or vehicle purchase.

The Benefits of Financing

If you like to drive a vehicle for the long haul, buying/financing a car is likely going to be your best choice. When you finance a car, your payments might be higher but you’ll be able to keep your car as long as you’d like. Plus, you’ll get money back when you sell or trade your car. In the long run, it’s usually more cost-effective to purchase your Espanola vehicle. You’re also free to customize your car however you please with accessories or decor. You also won’t be limited on how many miles you put on the car.

Explore Leasing vs. Buying With the Enchanted Mazda

Now that you have the basic information to answer, “Should I buy or lease a car?” you can go deeper and learn more about vehicle leasing, buying, and ownership with Enchanted Mazda. Pay a visit to our car-buying information hub for informative articles about all things related to acquiring your next vehicle. Then, when you’re ready to make the leap, browse our inventory of new Mazda vehicles.

 

More from Enchanted Mazda

  • Introducing the 2023 Mazda Vehicle Lineup

    Every year, new Mazda vehicles showcase why this manufacturer is a favorite of many Santa Fe drivers. Features like i-ACTIVE AWD ®, sleek styling, and luxurious interior amenities contribute to the totally unique feeling anyone gets when driving a Mazda. We’re excited to announce the 2023 Mazda lineup at Enchanted Mazda! Read about Mazda 2023 models below….

  • 2022 MAZDA CX-30 Specs

    The 2022 Mazda CX-30 is a bit larger than the Mazda CX-3 and not quite so large as the Mazda CX-5. It offers you the maneuverability you need for your Santa Fe commute, but it also features truly impressing Mazda CX-30 engine options, as well as standard i-ACTIV AWD®. Learn about the Mazda specs for this…

  • The Affordable 2022 MAZDA Miata Price

    Santa Fe customers love a bargain. Who can blame them? Starting at $27,650 MSRP for the base model, the 2022 Mazda Miata is a great bargain. This gorgeously stylish car looks like a million bucks. And, once you throw in upscale features like heated leather-trimmed seats, the Bose 9-speaker audio system, and the sport-tuned suspension with…

Search
Contact
Chat
Saved

Saved Vehicles

You don't have any saved vehicles!

Look for this Save icon

Once you've saved some vehicles, you can view them here at any time.

Search
Saved

Saved Vehicles

You don't have any saved vehicles!

Look for this Save icon

Once you've saved some vehicles, you can view them here at any time.

Contact
Chat
Vehicle Specials
Enchanted Mazda 35.660930, -105.975165.