Jul 23, 2022

Shopping for Used Cars in Coatesville? Leasing vs. Buying a Used Car

Many people shopping for used cars in Coatesville don’t realize that many used car lots also allow customers to lease a pre-owned vehicle. There are benefits to both leasing and buying from our used car dealership in Coatesville. At Hershey Motors, we’ll be happy to help you determine which choice is right for you in our financing department, but you can also read this blog post to learn more about the pros and cons of leasing and buying used cars.

The Benefits of Buying Used Cars for Sale

There are different benefits to purchasing a pre-owned vehicle. You won’t have to worry about depreciation after purchase, and you can enjoy lower insurance premiums than you would if you were to buy a new vehicle. You can even avoid extra fees often associated with purchasing a brand new vehicle.

Your vehicle will belong to you, and as soon as you complete the paperwork, it will become an asset of yours. When you’re ready for something new, you can apply your trade-in to that new vehicle’s purchase price. If you’d rather own your vehicle, buying a pre-owned car outright will be your best option.

The Benefits of Leasing a Car from Used Car Lots

If you choose to lease a pre-owned vehicle, you’ll not only benefit from lower monthly payments, but you also typically enjoy a newer car. Leasing a pre-owned vehicle also decreases insurance costs because you’re still not leasing a brand-new vehicle.

Many pre-owned leases also come with their manufacturer’s warranty, which will benefit you if something happens to the car during your lease. The pros and cons of leasing a pre-owned vehicle can vary from dealership to dealership, so always be sure to speak with the finance department and do your research to help you better understand if leasing is right for you.

Making the Right Choice: How our Finance Department Can Help

If you’re still unsure whether you would benefit from buying or leasing a used car, the best way to make an informed decision is to meet with a finance expert at your local car dealership. Once you determine your budget and preferred vehicle, an expert will explain the financing process so you can make the right choice.
If you’re in the market for a pre-owned vehicle, we have plenty of options in our inventory of used cars for sale in Coatesville, and our finance department will work with you to create a customized finance package that meets your budget. Whether you’re looking to buy or lease, our experts will explain the details about each option and help determine which finance program will best meet your needs. Contact us today at Hershey Motors to learn more about financing your next new vehicle and to begin the process.