Buying vs. Leasing

Chrysler, Dodge, Jeep, RAM, and FIAT all offer a unique take on vehicles and appeal to different personalities. From a practical sedan to a family-filled SUV, you'll find just what you're looking for from one of these brands. To own your one of these brands, you have two financing options: leasing or buying. Both of these offer advantages and disadvantages. Below, we have broken down both sides of owning and leasing. If you are still unsure which payment method makes the most sense for you, discuss your questions with our Tom Ahl Dodge financing department near Delphos and Lima.

Pros of Leasing

  • Usually lower payments/down payment may not be required
  • Driving a new car with advanced technology
  • Repairs are typically covered by warranty
  • Easy return process
  • Options to always drive the newest cars on market

Cons of Leasing

  • Mileage restrictions. If you go over, you'll have to pay fees
  • Cannot make modifications to vehicle
  • Vehicle needs to be free of dents or damages to car or you will be charged for repairs
  • Not building equity on car while leasing
  • Challenging to get a lease with a bad credit score

Pros of Buying

  • Do not have to be worried about wear and tear
  • No mileage restrictions
  • Can make any modifications on car
  • Gain equity
  • Own the vehicle as long as you want

Cons of Buying

  • Typically higher payments than leasing
  • Not getting newer models with advanced technologies
  • Can be a hassle to sell it
  • Can develop negative equity
  • If you stretch the loan, you could accrue interest

When deciding which plan works for you, it's important to remember a few things. Consider how long you would like to keep the car, how personalized you'd like to make it, and what conditions it will be under a daily basis. For instance, if you plan on getting a Jeep SUV and plan on going off the road, putting it under harsh conditions, then it'd be best for you to buy it. On the other hand, if making modifications on the vehicle is not important and you don't see yourself driving long distances or rough terrain, leasing might be suitable. Think about how much ownership you want with your Jeep.

Come down to our dealership and we'll help find out which option is best for you. If you would like more information, please contact us at (888) 706-4856.


Tom Ahl Chrysler Dodge Jeep RAM Fiat

617 King Avenue
Directions Lima, OH 45805

  • Sales: 419-227-0202
  • Service: 419-227-0202
  • Parts: 419-227-0202


  • Monday 9:00am-8:00pm
  • Tuesday 9:00am-6:00pm
  • Wednesday 9:00am-6:00pm
  • Thursday 9:00am-8:00pm
  • Friday 9:00am-6:00pm
  • Saturday 9:00am-3:00pm
  • Sunday Closed

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