Financing and leasing from Go Nissan South
When you’re ready for a new Nissan or pre-used vehicle, we have a range of flexible finance options designed to make financing or leasing work for you. We work with all kinds of credit scores, good and bad. We’ll work hard to help you get the vehicle you want.
The cost of either financing or leasing will depend on the make, model, and year. Other things that influence the cost are the value of a trade-in, if you have one, or a down payment. Not sure if financing is the right choice. Want to know more about leasing? Here’s an overview of the pros and cons. Contact us today for more information.
Financing
If you want to own your car eventually, financing is probably the right choice. Financing also means you can drive an unlimited number of miles each year and have the freedom to customize your vehicle.
Financing makes sense if you have a stable and predictable lifestyle. You’ll need to take care of any repairs after your warranty has expired.
Leasing
Leasing is a good option if you like to drive a new car every two to three years. You get the latest features, and your car is always under warranty. It’s also a good option if you have life changes ahead, such as moving away from the region.
You’ll need to feel comfortable maintaining the lease vehicle and looking after the interior and exterior as part of the lease agreement.
Do your insurance premiums increase is you lease a vehicle?
No, your insurance premiums don’t increase if you lease. They are the same as when you finance a car. Insurance rates are based on your driving habits, the make and model of your car, and where you live.
When you finance or lease, the lease company or lender hols an interest in the car. So their name must be on your insurance policy. This process means the leaser’s or lender’s interest is protected. Remember to let your insurance company know you’re leasing
If your car’s involved in an accident, or written off, the finance or leasing company will be paid the insured value of the car. After that, you may receive a payment if your car is worth more than what you owe. When you owe more than the vehicle is worth, gap insurance will kick in to pay those costs. Your insurance company can give you full details.
Both financing and leasing have their benefits. Whatever option you choose, our professional finance managers will go through all the details and answer any questions regarding warranties and other financing options to protect your investment. We look forward to meeting with you soon to discuss your needs and options!
