If you are looking for a new Jaguar, you have come to the right place. Jaguar Hinsdale proudly serves luxury car owners throughout the greater Chicago area. Our Jaguar dealership near Chicago is here to provide you will a first-class sales and service experience. As you are shopping for your next 2022 Jaguar, let us help you decide whether to buy or lease your next luxury car or SUV.
Did you know that nearly 50% of all Jaguar models in the United States are leased? Leasing a Jaguar has many inherent advantages. Many luxury car shoppers decide to lease for many reasons including:
Lower Payments: Since you don’t pay for the entire vehicle when you lease, lessees benefit from lower monthly payments, down payments, and sales tax.
If you are looking to get into a new Jaguar, financing might be the best option for you. Our finance team will work with you to get you into the best auto loan for your budget and lifestyle.
When you lease a Jaguar, there are some inherent advantages that many people find appealing. First, when you lease, you avoid having to weather the initial depreciation that occurs the moment you purchase a new Jaguar and drive it off the lot. Leasing allows you to get a new vehicle without paying a large down payment or suffering depreciation since you won’t officially own the car. Instead, you’ll only be paying for the time that you use it, which is attractive to those who like to frequently upgrade to a new model year or change models altogether. Leasing can be far more affordable than buying in the total amount paid and monthly installments because you’re not paying to own the car forever.
Leasing may also allow you to enjoy more luxury and features with a more expensive car than you could buy outright since lease payments are lower than purchase payments. While there is no down payment with a lease, you may have to pay your first month’s lease up-front as well as deposits, taxes, and acquisition fees. You also may owe additional fees at the end of your term, as many leases include mileage restrictions and maintenance requirements. Violation of those terms may result in additional costs assessed at the end of your term. At the end of the lease period, you will not own the car but will rather turn it into our dealership.
When you purchase a Jaguar, you will eventually own the car if you maintain the payments. There are some up-front costs associated with purchases, whether those costs are covered with currency or trade-in value. You’ll likely be required to make a down payment of some kind, though if you’re buying a used Jaguar the terms may be different than the purchase of a new car. The purchase of a car is an investment, though you will have to accept depreciation in value as the car ages. However, once the car is paid for, it is yours to do with as you please.
You also can customize the car to meet your needs. Because you own the car, you will retain some of the value you invest in it if you decide to sell it at a future time. You won’t have to worry about mileage restrictions when you purchase a Jaguar. You can drive it as much or as little as you’d like without penalty.
If you’re considering the lease or purchase of a Jaguar, make sure you understand the relative advantages and disadvantages of each. If you’re interested in leasing or buying a Jaguar, visit Jaguar Hinsdale to get the process started.
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