Learn About Your Chrysler, Dodge, Jeep and Ram Financing Options in Fergus Falls

Are you ready to buy a new vehicle but concerned about the financing? Here at Nelson Auto Center, we get several questions about the different types of financing we offer for customers near Morris and Hawley, MN. Many of our customers wonder which is best for them: buying or leasing. The answer depends on many factors and is unique for each person or family. Check out over financing overview below to learn more about the difference between buying versus leasing.

Buying

A conventional car loan is what most people are familiar with regarding vehicle financing. When you buy a car, you pay a substantial down payment, make a set number of monthly payments, and then you own it. There are numerous advantages to buying. You'll feel a great sense of pride as you work toward making that last payment. You can also modify your vehicle to suit your style and drive as many miles as you please when you're buying it.

Leasing

Leasing comes with some restrictions not found when you buy, but it also offers many advantages for a certain segment of St. Cloud, MN drivers. It costs less to lease a car because you're only paying for the depreciation of its value over the time of your lease term, usually about three years. You also aren't likely to encounter many maintenance costs during that period. You get to drive a new car for less money, drive it for a few years, then return it.

Chances are, you may now have a better idea of which financing option best fits your needs. Our dealership's finance experts are ready to answer your questions and the sales staff are always available to help you to find a new or used car, truck, SUV, or van to suit your lifestyle and budget. Stop in for a test drive.