Leasing vs Buying a New Nissan in Denver, CO

Lease or buy? We want to help you make the decision that's best for you!

To start: You need to look at your lifestyle. Leasing is often a lifestyle or work choice. Consider the following questions for a moment:

  • Do I prefer to drive a new or late model car and keep up with the latest trends, technology, and safety enhancements?
  • What can I afford for my monthly cash outlay, and how does that equate to the type of car I would like to be driving?

What is the Difference Between Buying and Leasing a vehicle in Denver?
When you purchase a brand new Nissan you will end up paying for the entire vehicle. It doesn't matter how much you drive it, you'll still have to pay for all of it. 

Typically, your monthly payment will be higher when you buy compared to leasing, you'll also have to make a down payment, pay sales tax and your interest rate is based on your credit score. You'll have to make your first payment usually a month after you decide to buy. 

If you lease a new Nissan in Denver, you'll only have to pay a portion of the vehicle's total cost, which is the part that you will use up while you are driving it during your lease agreement. Leasing is not the same as renting. Leasing is a form of financing. Sometimes you will have the choice to make a down payment and you'll only pay sales tax on your monthly payments (in most states). There also may be additional fees and a security deposit that you won't pay if you were to purchase a new car. When you lease, you'll make your first payment when you sign your least contract for the upcoming month. There also may be fees to pay when you return your vehicle at the end of your lease period.

Leasing a new Nissan in Denver, at Larry H. Miller Nissan 104th, typically allows you to get more bang for your buck and there is always a chance that you'll have the option of no money down. Also, when you lease you'll only have to be concerned with routine maintenance on the vehicle and you won't have to worry about selling your car when you are done with it. Every new Nissan comes with a 36-month/60,000-mile powertrain warranty (engine, transmission/transaxle, front-wheel drive system, rear-wheel drive, seat belts and airbags).

The benefit to a Denver business owner is leasing payments are written off as a business expense on your tax return, as well as lease obligations do not show up as a debt on a credit report. Click here to read the IRS publication regarding leasing for small businesses.

So as you can see, leasing or buying can be a difficult decision to make. It all comes down to identifying your priorities, and what is important to you. Everyone has different styles, priorities and goals in life. Whether you want to lease or buy is your decision and it should be thought over carefully before you buy. Keep your own priorities in mind. Save time and Click here to get Pre-Approved to lease or buy a car in Denver!

Make an appointment today with one of our leasing specialists, at Larry H. Miller Nissan 104th in Denver to find out more about leasing a new Nissan. Whether you live in Denver, Arvada, Boulder, Greeley or somewehere else in Colorado we can offer you the most competitive rates on a new Nissan car.

Questions About Leasing or Buying?

Contact

Larry H. Miller Nissan 104th

2400 West 104th Avenue
Directions Denver, CO 80234

  • Sales: (888) 529-4016
  • Service: (888) 536-6808
  • Parts: (888) 566-0621

Hours

  • Monday 8:30AM-8:00PM
  • Tuesday 8:30AM-8:00PM
  • Wednesday 8:30AM-8:00PM
  • Thursday 8:30AM-8:00PM
  • Friday 8:30AM-8:00PM
  • Saturday 8:30AM-8:00PM
  • Sunday Closed