Buy vs Lease

Auto Loans vs Car Leases in Herrin, IL

The auto financing team at Auffenberg Chrysler of Herrin makes it easy to drive off in your favorite car. After you’ve picked your next car, truck, or SUV at our Herrin, Illinois, auto dealership, we’ll help you navigate the different financing options including car leases and auto loans to pair you with a plan that fits your budget. Learn more about the differences below, then contact our team to get started.

Leasing vs Buying from our Herrin, IL Auto Dealership

Which Financing Option is Right for You?

Herrin, IL | Marion, IL | Carbondale, IL

Auto Loans

A traditional auto loan offers plenty of benefits. Whether you’re looking to customize your vehicle with performance upgrades or accessories, an auto loan gives you the freedom to personalize your car as you please. There’s no mileage limit when you pursue an auto loan, so you can tackle long road trips with a carefree attitude. Ultimately, you’re working towards total ownership of your car, so you can sell it when you’re done.

Car Leases

If you’re looking for a smaller down payment and lower monthly payments on your favorite new vehicles, a car lease makes more sense. While you aren’t investing in ownership, you do get to drive your favorite new cars with a more affordable payment plan. Plus, once you’re done with your car lease agreement, you can trade it in easily for a newer car and trim level. Auto leases don’t require the long-term commitment that comes along with traditional car financing.

Get the Financing Process Started

Still not sure which financing plan fits into your lifestyle? Whether you’re from Marion or Carbondale, get in touch with the financing experts at Auffenberg Chrysler of Herrin. We’ll help you evaluate your financial priorities and determine if you should apply for financing or explore leases. We can also review other auto financing tools including current trade-in value, incentives for Chrysler, Dodge, and Ram vehicles, special programs, and lease specials. Get in touch with our car dealership in Herrin, IL today!