Should I Buy or Lease A New Car?

Is a Car Loan or a Car Lease Right for Me?

There is no right or wrong answer -it's really dependent on what option works best for you, your future financial goals, and your budget. That's why the team of auto finance and lease professionals here at Somerset Chrysler Jeep Dodge RAM take the time to carefully go over each option to get you on the path to success -in a sparkling new vehicle. Interested in what automotive financing route is best for you? Contact us or stop by our showroom today to learn more.

Advantages of Buying

  • It's yours! When your schedule of payments ends on your financed vehicle, you own the vehicle outright -meaning you're free to recoup the value of your investment or use it's resale value in trade to get behind the wheel of another vehicle.
  • Fewer restrictions. Financiers have no obligation to mileage or cross-border travel restrictions that are common in most lease agreements.
  • Since financing allows you to pay off a larger amount of money over a longer period of time, you may be able to include additional features and accessory upgrades not available in a lease packages.

Advantages of Leasing

  • The greatest advantage to leasing your new car, truck or SUV? It won't be new for long! That's because leasing gives you the opportunity to trade it in for a newer model upon the expiry of your lease agreement.
  • You'll save on maintenance. That's because our lease programs each include routine service checkups built in to your monthly payment, so there's more dipping into your monthly budget or savings for an oil change or new tires.
  • You'll pay less in taxes. Lessee's only pay sales tax on the portion of the car's overall cost that's included in your lease package.


Somerset Chrysler Jeep Dodge Ram

1491 Brayton Point Road
Directions Somerset, MA 02725

  • Sales: (508) 974-3989
  • Service: (508) 689-4188
  • Parts: 508-675-1106

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  • Monday 9:00am-8:00pm
  • Tuesday 9:00am-8:00pm
  • Wednesday 9:00am-8:00pm
  • Thursday 9:00am-8:00pm
  • Friday 9:00am-6:00pm
  • Saturday 9:00am-5:00pm
  • Sunday 12:00pm-5:00pm