MAZDA Lease vs. Loan

Whether you’re looking to sign a Mazda lease or you want to explore loan options, our dealership is standing by to assist you. It helps to know the difference between these services and which suits your financial situation. If you want to learn more about a Mazda lease compared to a loan, let the North Penn Mazda experts guide you.

What Is Leasing?

Leasing a car lets you drive a modern Mazda model for a set period. When you sign a lease, you’ll be expected to return the vehicle after several months (typically 36, 48, or 60 months). Your monthly payments will overall be lower, and you’ll enjoy discounts on routine service and maintenance.

What Is Financing?

If you’re sticking with Mazda loan options, you’ll want to consider vehicle financing. This is the standard option when you buy a vehicle, as our dealership will set up a payment plan for you to pay off the model’s value. Though you’ll have higher monthly payments and longer terms, you won’t need to return the car, and you’ll build equity as you pay.

Which Is Right for Me?

Leasing is an excellent option for many drivers if you want to reduce your monthly payments and don’t mind returning the car after the lease term expires. It also lets you keep up with newer models without worrying about resale value. However, if you want more flexibility in driving the vehicle, including eliminating mileage restrictions, a loan might be better for you.

Explore MAZDA Lease Options in Colmar, PA

When you’re ready to apply for a Mazda lease, we’ll be ready to help you get started. Contact North Penn Mazda today to get started on a lease or learn more about financing.