Strangely enough, plenty of the drivers who visit our Chrysler, Dodge, Jeep®, and RAM dealership are on the fence as to whether to finance a car through an auto loan or sign a lease. Fortunately, our dealers at Northpointe Chrysler Dodge Jeep RAM are well-versed in both and can provide some much-needed guidance.


The first thing you should know is that auto leases are temporary. So, if you’re hoping to own a car for a long period of time, and grow a sentimental attachment to it, leasing may not be the way to go. Auto leases though are often cheaper on a monthly basis than auto loans, and they allow you to drive something brand new every year or two. Although keep in mind, you will be restricted to how much you can drive the car and how much wear you can put on it, at the risk of being charged a fee.


Auto loans are a bit more expensive, but that’s because you’re financing for the entire cost of the vehicle. Fortunately, you can lower this monthly expense through a solid down payment. While you may not drive the latest car on the road or enjoy cheaper pricing, but you do have complete freedom when you finance for a car. This freedom entails things like modifications, road trips, and the privilege of being able to put wear on the vehicle.

So which option is right for you? Well, if you’re still on the fence about leasing or buying one of our Chrysler, Dodge, RAM, or Jeep vehicles, our dealers can provide further guidance. At Northpointe Chrysler Dodge Jeep RAM we never settle, and we believe neither should you.