Auto Financing or Leasing West Islip 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

Amilcars Auto Repair
(914) 864-0676
309 N Bedford Rd
Mount Kisco, NY
Joey Auto Collision & Auto Repair
(718) 657-0080
17511 Liberty Ave
Jamaica, NY
Elat Car & Limousine Serv
(718) 627-9191
1602 McDonald Ave
Brooklyn, NY
World Class Floors Inc
(718) 386-8447
7302 Forest Ave
Ridgewood, NY
Mill Basin Car Service
(718) 444-7777
4218 Fillmore Ave
Brooklyn, NY,LLC
Northern Blvd
Roslyn, NY
New Puebla Car & Limo Svc Inc
(718) 458-6464
6935 51st Ave
Woodside, NY
J T Transportation Inc
(718) 439-1999
775 60th St
Brooklyn, NY
Washington Car Svc Inc
(212) 923-2211
500 W 175th St
New York, NY
Inta-Boro Two Way Radio Assn Inc
(718) 845-1771
8819 101st Ave
Ozone Park, 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 Slipping West Islip NY
Need some transmission advice from an honest mechanic? You’ve come to the right place because this Q&A is deals with another car owner’s transmission issues. Here you’ll find a discussion on whether the car owner’s mechanic made mistakes putting the transmission back in the car after fixing a main seal leak.
- Black Transmission Fluid West Islip NY
- Car Engine Low On Oil West Islip NY
- Automatic Transmission Slow to Reverse West Islip NY
- Car Engine Dies While Driving West Islip NY
- Automatic Transmission Problem West Islip NY
- Burned Up Transmission West Islip NY
- Car Engine Dies West Islip NY
- Car Engine Knocking Noise West Islip NY
- Automatic Transmission Flush West Islip NY