The process of getting a new car can be tricky. Do you buy, or do you lease? That's a common question we hear, and the honest answer is, the answer is different for every customer, because every customer has different needs and wants in a new car. But the good news is, we can help you find out which decision is right for you, personally.

The Deal With Auto Financing

Overall, buying and leasing are just two different ways to finance a car, where buying leaves you the owner at the end of the process. This sounds great, and maybe even obvious, but the trade-off is higher monthly payments and costs of repair once your warranty expires. If you're the type to buy a new car every few years, there's depreciation and future value to factor into the equation. That being said, when you lease, you have restrictions like those usually set on mileage. If you drive a lot leasing might not be an option. On the flipside, some can't afford to buy a car they like or even need through financing, and must lease due to lower monthly payments. It all comes down to what you need and what you want. If you're not sure, that's no problem at all, either. Here at Morehart Murphy Motors, we want to help you get into the perfect new vehicle for you, and we're willing to walk you through every step of the auto-financing process, including figuring out whether leasing or buying is the right decision for you.