Buying vs. Leasing
Buying vs. Leasing
Weigh Your Options
When deciding on a new vehicle, choosing whether to buy vs. lease can be challenging. It varies from individual to individual, depending on the advantages you seek. As your automotive experts, we’re here to assist you in weighing the advantages and differences of buying vs. leasing a vehicle. Keep reading to discover which option best suits you, and visit our Chrysler Dodge Jeep Ram dealer to start your journey!
Buying vs. Leasing: What’s the Difference?
As a driver, do you find yourself wanting to switch up your car every year or two? If the answer is yes, then leasing a vehicle may be a better-suited option than buying. If you’re looking to invest in your vehicle and build equity, purchasing a vehicle may be your better option. Below you’ll find the key differences between buying vs. leasing to help you make an informed decision.
Buying |
Leasing |
---|---|
Ownership You own your vehicle for as long as you wish on your own terms |
Leasing You are under a lease contract with terms for a designated amount of time |
Loan payments you will pay off the vehicle over time |
Lease payments Lower monthly payments for the vehicle’s depreciation and lower maintenance/service costs (Most automotive brands include the maintenance for 2-3 years) |
Reselling When you decide you want a new car, you will have to either trade-in or sell it |
Trading In At the end of your lease, you simply return it to the dealer without any worry of reselling |
Investing Even though your vehicle’s value will depreciate, you’ll still have equity and cash value |
Renting Although the value of the vehicle you lease has no future effect on you, you will have no equity or investment in it |
Unlimited Mileage Though more miles equals lower trade-in value, when you own your vehicle, there is no cap on the number of miles you can drive |
Limited Mileage A majority of leases limit the number of miles you can drive, and often, you have to pay for surpassing the limit |
Ability to Customize Since you own your car, you can customize any part of your vehicle on your own terms |
Lease Restrictions Having to return your leased vehicle in the same condition limits you from modifying your car in any way |
Final Payments Once you’ve paid off your car loan, you have no further payments to worry about |
Renewing Payments At the end of your lease, you can choose to purchase the car or decide on a new car to lease |
The Choice is Yours
Leasing a car is a lot like renting an apartment; buying a car is a serious commitment and investment of your money. There are distinct downsides to both buying vs. leasing a vehicle, but there are also plenty of advantages to both processes. There is no incorrect choice when it comes to buying vs. leasing. It all depends on which process works best for you. Are you still conflicted on whether to buy vs. lease your next vehicle? Speak with our team, and we’ll work with you individually to find the best option for you.
321 Results
Features
- Adaptive Cruise Control
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 4WD/AWD
- Android Auto
More Details
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$1,287 SAVINGS$37,528 PRESTON PRICE
- $38,815
- Dealer Discount: -$1,287
- Preston Price: $37,528
-
$1,287 SAVINGS$37,528 PRESTON PRICE
- $38,815
- Dealer Discount: -$1,287
- Preston Price: $37,528
-
$1,287 SAVINGS$37,528 PRESTON PRICE
- $38,815
- Dealer Discount: -$1,287
- Preston Price: $37,528
-
$1,287 SAVINGS$37,528 PRESTON PRICE
- $38,815
- Dealer Discount: -$1,287
- Preston Price: $37,528
- Documentation Fee $599
- Starting Price $38,815
- Down Payment $0
- Documentation Fee $599
- Starting Price $38,815
- Down Payment $0
Features
- Adaptive Cruise Control
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2022 Jeep Wagoneer Series I
4WD 8-Speed Automatic 5.7L V8
-
$2,804 SAVINGS$64,691 PRESTON PRICE
- $67,495
- Dealer Discount: -$2,804
- Preston Price: $64,691
-
$2,804 SAVINGS$64,691 PRESTON PRICE
- $67,495
- Dealer Discount: -$2,804
- Preston Price: $64,691
-
$2,804 SAVINGS$64,691 PRESTON PRICE
- $67,495
- Dealer Discount: -$2,804
- Preston Price: $64,691
-
$2,804 SAVINGS$64,691 PRESTON PRICE
- $67,495
- Dealer Discount: -$2,804
- Preston Price: $64,691
- Documentation Fee $599
- Starting Price $67,495
- Down Payment $0
- Documentation Fee $599
- Starting Price $67,495
- Down Payment $0
Features
- Bluetooth®
- 4WD/AWD
- Android Auto
- Apple CarPlay
- Aux Input
- Keyless Ignition System
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2023 Jeep Gladiator Sport
4WD 8-Speed Automatic 3.6L V6 24V VVT
-
$2,000 SAVINGS$50,890 PRESTON PRICE
- $52,890
- Dealer Discount: -$2,000
- Preston Price: $50,890
-
- -$500
-
$2,000 SAVINGS$50,890 PRESTON PRICE
- $52,890
- Dealer Discount: -$2,000
- Preston Price: $50,890
-
- -$500
-
$2,000 SAVINGS$50,890 PRESTON PRICE
- $52,890
- Dealer Discount: -$2,000
- Preston Price: $50,890
-
- -$500
-
$2,000 SAVINGS$50,890 PRESTON PRICE
- $52,890
- Dealer Discount: -$2,000
- Preston Price: $50,890
-
- -$500
- Documentation Fee $599
- Starting Price $52,890
- Down Payment $0
- Documentation Fee $599
- Starting Price $52,890
- Down Payment $0
- MSRP $52,890
- Documentation Fee $599
- Starting Price $52,890
- Due At Signing $6,182
- MSRP $52,890
- Documentation Fee $599
- Starting Price $52,890
- Due At Signing $6,182
Features
- Adaptive Cruise Control
- Bluetooth®
- 3rd Rear Seat
- 4WD/AWD
- Android Auto
- Apple CarPlay
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2023 Jeep Grand Cherokee L Laredo
4WD 8-Speed Automatic 3.6L V6 24V VVT
-
$2,000 SAVINGS$49,790 PRESTON PRICE
- $51,790
- Dealer Discount: -$2,000
- Preston Price: $49,790
-
- -$500
-
$2,000 SAVINGS$49,790 PRESTON PRICE
- $51,790
- Dealer Discount: -$2,000
- Preston Price: $49,790
-
- -$500
-
$2,000 SAVINGS$49,790 PRESTON PRICE
- $51,790
- Dealer Discount: -$2,000
- Preston Price: $49,790
-
- -$500
-
$2,000 SAVINGS$49,790 PRESTON PRICE
- $51,790
- Dealer Discount: -$2,000
- Preston Price: $49,790
-
- -$500
- Documentation Fee $599
- Starting Price $51,790
- Down Payment $0
- Documentation Fee $599
- Starting Price $51,790
- Down Payment $0
- MSRP $51,790
- Documentation Fee $599
- Starting Price $51,790
- Due At Signing $6,030
- MSRP $51,790
- Documentation Fee $599
- Starting Price $51,790
- Due At Signing $6,030
Features
- Bluetooth®
- 4WD/AWD
- Android Auto
- Apple CarPlay
- Aux Input
- Keyless Ignition System
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2023 Jeep Gladiator Sport
4WD 8-Speed Automatic 3.6L V6 24V VVT
-
$10,656 SAVINGS$45,934 PRESTON PRICE
- $56,590
- Dealer Discount: -$6,695
-
- -$3,961
- Preston Price: $45,934
-
$10,656 SAVINGS$45,934 PRESTON PRICE
- $56,590
- Dealer Discount: -$6,695
-
- -$3,961
- Preston Price: $45,934
-
$10,656 SAVINGS$45,934 PRESTON PRICE
- $56,590
- Dealer Discount: -$6,695
-
- -$3,961
- Preston Price: $45,934
-
$10,656 SAVINGS$45,934 PRESTON PRICE
- $56,590
- Dealer Discount: -$6,695
-
- -$3,961
- Preston Price: $45,934
- Documentation Fee $599
- Starting Price $56,590
- Down Payment $0
- Documentation Fee $599
- Starting Price $56,590
- Down Payment $0
Features
- Bluetooth®
- 4WD/AWD
- Android Auto
- Apple CarPlay
- Aux Input
- Keyless Ignition System
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2023 Jeep Wrangler Sport
4WD 8-Speed Automatic 3.6L V6 24V VVT
-
$4,830 SAVINGS$51,895 PRESTON PRICE
- $56,725
- Dealer Discount: -$4,830
- Preston Price: $51,895
-
$4,830 SAVINGS$51,895 PRESTON PRICE
- $56,725
- Dealer Discount: -$4,830
- Preston Price: $51,895
-
$4,830 SAVINGS$51,895 PRESTON PRICE
- $56,725
- Dealer Discount: -$4,830
- Preston Price: $51,895
-
$4,830 SAVINGS$51,895 PRESTON PRICE
- $56,725
- Dealer Discount: -$4,830
- Preston Price: $51,895
- Documentation Fee $599
- Starting Price $56,725
- Down Payment $0
- Documentation Fee $599
- Starting Price $56,725
- Down Payment $0
Features
- Bluetooth®
- 4WD/AWD
- Android Auto
- Apple CarPlay
- Aux Input
- Keyless Ignition System
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2023 Ram 3500 Tradesman
4WD Aisin 6-Speed Automatic Cummins 6.7L I6 Turbodiesel
-
$7,320 SAVINGS$65,720 PRESTON PRICE
- $73,040
- Dealer Discount: -$7,320
- Preston Price: $65,720
-
$7,320 SAVINGS$65,720 PRESTON PRICE
- $73,040
- Dealer Discount: -$7,320
- Preston Price: $65,720
-
$7,320 SAVINGS$65,720 PRESTON PRICE
- $73,040
- Dealer Discount: -$7,320
- Preston Price: $65,720
-
$7,320 SAVINGS$65,720 PRESTON PRICE
- $73,040
- Dealer Discount: -$7,320
- Preston Price: $65,720
- Documentation Fee $599
- Starting Price $73,040
- Down Payment $0
- Documentation Fee $599
- Starting Price $73,040
- Down Payment $0
Features
- Adaptive Cruise Control
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 3rd Rear Seat
- 4WD/AWD
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2023 Jeep Grand Wagoneer Base
4WD 8-Speed Automatic 6.4L V8
-
$6,381 SAVINGS$86,554 PRESTON PRICE
- $92,935
- Dealer Discount: -$6,381
- Preston Price: $86,554
-
- -$6,750
- -$1,000
- -$500
-
$6,381 SAVINGS$86,554 PRESTON PRICE
- $92,935
- Dealer Discount: -$6,381
- Preston Price: $86,554
-
- -$6,750
- -$1,000
- -$500
-
$6,381 SAVINGS$86,554 PRESTON PRICE
- $92,935
- Dealer Discount: -$6,381
- Preston Price: $86,554
-
- -$6,750
- -$1,000
- -$500
-
$6,381 SAVINGS$86,554 PRESTON PRICE
- $92,935
- Dealer Discount: -$6,381
- Preston Price: $86,554
-
- -$6,750
- -$1,000
- -$500
- Documentation Fee $599
- Starting Price $92,935
- Down Payment $0
- Documentation Fee $599
- Starting Price $92,935
- Down Payment $0
Features
- Adaptive Cruise Control
- Bluetooth®
- Heated Steering Wheel
- Remote Start
- 4WD/AWD
- Android Auto
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2023 Jeep Grand Cherokee Base 4xe
4WD 8-Speed Automatic 2.0L I4 DOHC
-
$9,463 SAVINGS$54,672 PRESTON PRICE
- $64,135
- Dealer Discount: -$963
- -$8,500
- Preston Price: $54,672
-
- -$5,250
- -$3,000
- -$2,000
- -$2,000
- -$500
-
$9,463 SAVINGS$54,672 PRESTON PRICE
- $64,135
- Dealer Discount: -$963
- -$8,500
- Preston Price: $54,672
-
- -$5,250
- -$3,000
- -$2,000
- -$2,000
- -$500
-
$9,463 SAVINGS$54,672 PRESTON PRICE
- $64,135
- Dealer Discount: -$963
- -$8,500
- Preston Price: $54,672
-
- -$5,250
- -$3,000
- -$2,000
- -$2,000
- -$500
-
$9,463 SAVINGS$54,672 PRESTON PRICE
- $64,135
- Dealer Discount: -$963
- -$8,500
- Preston Price: $54,672
-
- -$5,250
- -$3,000
- -$2,000
- -$2,000
- -$500
- Documentation Fee $599
- Starting Price $64,135
- Down Payment $0
- Documentation Fee $599
- Starting Price $64,135
- Down Payment $0
Features
- Bluetooth®
- Android Auto
- Apple CarPlay
- Aux Input
- Keyless Ignition System
- Power Tailgate/Liftgate
More Details
Features
- Adaptive Cruise Control
- Bluetooth®
- 4WD/AWD
- Android Auto
- Apple CarPlay
- Aux Input
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2024 Jeep Wrangler Sport S 4xe
4WD 8-Speed Automatic 2.0L I4 DOHC
-
$11,664 SAVINGS$45,676 PRESTON PRICE
- $57,340
- Dealer Discount: -$1,164
- -$10,500
- Preston Price: $45,676
-
- -$2,500
- -$1,500
- -$500
-
$11,664 SAVINGS$45,676 PRESTON PRICE
- $57,340
- Dealer Discount: -$1,164
- -$10,500
- Preston Price: $45,676
-
- -$2,500
- -$1,500
- -$500
-
$11,664 SAVINGS$45,676 PRESTON PRICE
- $57,340
- Dealer Discount: -$1,164
- -$10,500
- Preston Price: $45,676
-
- -$2,500
- -$1,500
- -$500
-
$11,664 SAVINGS$45,676 PRESTON PRICE
- $57,340
- Dealer Discount: -$1,164
- -$10,500
- Preston Price: $45,676
-
- -$2,500
- -$1,500
- -$500
- Documentation Fee $599
- Starting Price $57,340
- Down Payment $0
- Documentation Fee $599
- Starting Price $57,340
- Down Payment $0
Features
- Adaptive Cruise Control
- Bluetooth®
- 4WD/AWD
- Android Auto
- Apple CarPlay
- Aux Input
More Details
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2024 Jeep Wrangler Sport S 4xe
4WD 8-Speed Automatic 2.0L I4 DOHC
-
$11,535 SAVINGS$44,510 PRESTON PRICE
- $56,045
- Dealer Discount: -$1,035
- -$10,500
- Preston Price: $44,510
-
- -$2,500
- -$1,500
- -$500
-
$11,535 SAVINGS$44,510 PRESTON PRICE
- $56,045
- Dealer Discount: -$1,035
- -$10,500
- Preston Price: $44,510
-
- -$2,500
- -$1,500
- -$500
-
$11,535 SAVINGS$44,510 PRESTON PRICE
- $56,045
- Dealer Discount: -$1,035
- -$10,500
- Preston Price: $44,510
-
- -$2,500
- -$1,500
- -$500
-
$11,535 SAVINGS$44,510 PRESTON PRICE
- $56,045
- Dealer Discount: -$1,035
- -$10,500
- Preston Price: $44,510
-
- -$2,500
- -$1,500
- -$500
- Documentation Fee $599
- Starting Price $56,045
- Down Payment $0
- Documentation Fee $599
- Starting Price $56,045
- Down Payment $0
*ALL PRICES INCLUDE FREIGHT, DESTINATION AND UNIVERSAL QUALIFYING REBATES. *Pricing of vehicles on this web site does not include options that may have been installed at the Dealership. Customer may qualify for additional rebates. Pricing may include current promotions, incentives, conditional offers such as First Responder Bonus Cash and/or additional conditional bonus cash. Prices may include financing with Chrysler Capital. Monthly payment calculator is an estimate and does not include tax, title, license or doc fees of $599.00. Please contact the Dealership for latest pricing and monthly payment. Published price subject to change without notice to correct errors or omissions or in the event of inventory fluctuations. Price good for 2 days only, please contact store by email or phone for details. While every effort has been made to ensure display of accurate data, the vehicle listings within this web site may not reflect all accurate vehicle items. Accessories and color may vary. All Inventory listed is subject to prior sale. Every effort will be made to hold your vehicle of interest but may be sold prior to the time of purchase. In the event your vehicle of interest is sold, we will do our best to find a like model. The vehicle photo displayed may be an example only. Vehicle Photos may not match exact vehicle. Though we make every effort to provide you the most accurate, up-to-date information, occasionally, one or more vehicles on this website may be incorrect due to typographical, photographic, occasional human or technical error. We reserve the right to refuse to honor any incorrect internet prices as we cannot account for the occasional human or technical error. Please confirm vehicle price with Dealership. See Dealership for details. Based on 2018 EPA mileage estimates, reflecting new EPA fuel economy methods beginning with 2008 models. Use for comparison purposes only. Do not compare to models before 2008. Your actual mileage will vary depending on how you drive and maintain your vehicle. 5/2/2024
Max payload/towing estimate ratings shown. Additional options, equipment, passengers, and cargo weight may affect payload/towing weights. See dealer for details.
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Dealer Comments
More Info
Preston Chrysler Dodge Jeep Ram
28380 Dupont Blvd.Millsboro, DE 19966 Driving Directions
Monday | 8:30AM - 8:00PM |
Tuesday | 8:30AM - 8:00PM |
Wednesday | 8:30AM - 8:00PM |
Thursday | 8:30AM - 8:00PM |
Friday | 8:30AM - 8:00PM |
Saturday | 8:30AM - 6:00PM |
Sunday | Closed |
Monday | 8:00AM - 6:00PM |
Tuesday | 8:00AM - 6:00PM |
Wednesday | 8:00AM - 6:00PM |
Thursday | 8:00AM - 6:00PM |
Friday | 8:00AM - 6:00PM |
Saturday | 8:00AM - 5:00PM |
Sunday | Closed |
Monday | 8:00AM - 6:00PM |
Tuesday | 8:00AM - 6:00PM |
Wednesday | 8:00AM - 6:00PM |
Thursday | 8:00AM - 6:00PM |
Friday | 8:00AM - 6:00PM |
Saturday | 8:00AM - 5:00PM |
Sunday | Closed |
Dealer Comments
We make it easier to buy than your local dealer because we will come to you. Cars Cost Less in Preston! Ask us about our Preston For Life Guarantee.
2022 Jeep Compass Limited
4WD 9-Speed 948TE Automatic 2.4L I4
22/30 City/Highway MPG