Auto Financing or Leasing East Northport NY

Learning the differences between auto financing and leasing will help you decide which option is best for you. Read this article and know more.

Local Companies

Big Apple Car Inc
(718) 236-8765
169 Bay 17th St
Brooklyn, NY
Prs Transportation
(516) 931-4999
53 Kingston Ave
Hicksville, NY
Paladium Car Service
(718) 376-8811
367 Avenue X
Brooklyn, NY
Marc's Auto Repair
(914) 968-0530
23 Spruce St
Yonkers, NY
All Boro Car Service
(718) 266-5500
2869 Harway Ave
Brooklyn, NY,LLC
Northern Blvd
Roslyn, NY
Blu-White Car Service
(718) 324-2222
708 Nereid Ave
Bronx, NY
American Dream Car & Limo Service Inc
(212) 426-1010
163 E 92nd St
New York, NY
Bohemia Auto Center Inc
(631) 738-7018
4173 Veterans Memorial Hw
Ronkonkoma, NY
Apple Express Car Svce
(718) 836-8200
377 Bay Ridge Ave
Brooklyn, NY

Provided by:

It's like buying a new pair of shoes. Everyone has an opinion on the topic, but the best advice is to scope out which is the right fit for you.


Leasing: You do not own the vehicle. You get to use it but you have to return it when your lease ends. If your lease vehicle has a purchase option, you may be able to purchase your vehicle during the term of the lease or at lease end.

Buying: You own the vehicle and you get to keep it when you pay off the amount owed under the financing contract.

Up-front costs

Leasing: The money you pay before you take possession of the car may include the first month's payment, a refundable security deposit, a capitalized cost reduction (like a down payment), taxes, registration and other fees, and other charges.

Buying: Up-front costs include the cash price or a down payment (if you finance), taxes, registration and other fees, and other charges.

Monthly payments

Leasing: When you lease a car, you are paying only for the vehicle's depreciation during the lease term plus rent charges (like interest), taxes, and fees and charges that may be owed during the lease. This usually makes monthly lease payments lower than monthly loan or other finance contract payments.

Buying: When you finance your purchase, you are paying for the entire purchase price of the vehicle, plus interest and other finance charges, taxes, and fees. This means that you're probably going to end up spending more on a finance monthly payment than on a lease monthly payment.

Click here to read the rest of the article at

Related Articles
- Automatic Transmission Slow to Reverse East Northport NY
I have a 2000 GMC safari 2wd. It is a bit slow to engage into drive or reverse, from any other gear (including P or neutral) cold or hot. Otherwise functions normally. Is my transmission gonna blow up? Find out what the problem is with this car owner’s transmission and see if the information in this article can help you with your car problems.
- Automatic Transmission Flush East Northport NY
- Car Engine Dies East Northport NY
- Automatic Transmission Slipping East Northport NY
- Car Engine Dies While Driving East Northport NY
- Black Transmission Fluid East Northport NY
- Automatic Transmission Problem East Northport NY
- Burned Up Transmission East Northport NY
- Car Engine Low On Oil East Northport NY
- Car Engine Knocking Noise East Northport NY