Shop New Chrysler Dodge Jeep Ram Vehicles in Gilroy
Drop by Gilroy Chrysler Dodge Jeep Ram in Gilroy CA, near Hollister and Watsonville, to see our exciting new lineup. Choose from over 110 brand new vehicles with your favorite features including Uconnect® with wireless Apple CarPlay® and Android Auto™, Harman Kardon® premium audio systems, and more.
Be sure to ask our friendly sales associates about our Free Lifetime Powertrain Warranty on any vehicle you purchase from us. Enjoy service at our certified Service Center for any covered services and a free lifetime powertrain warranty.
How to Lease a Car, How to Finance a Car
When it comes time for a new vehicle, many drivers aren’t sure whether buying or leasing a new vehicle is the right move for them. If you’re not sure, stop by our certified CDJR dealership and our knowledgeable sales staff will go over the pros and cons of leasing and financing with you.
Financing a new vehicle means taking out a car loan and making monthly payments plus interest until the car is paid off. Leasing a vehicle is like a long term rental, so you make monthly lease payments for an agreed upon leasing period, and then turn the car in when the lease contract ends.
The Benefits of Leasing a Car vs Buying
There are a lot of good reasons that drivers choose to lease a vehicle rather than purchase it. The best perk is that monthly lease payments are much lower than monthly car loan payments. That’s because payments are based on the car’s depreciation during the lease term and not the car’s total cost.
Leasing is also great for drivers who like to change up their vehicles often and upgrade to the latest performance, technology, and safety features. If your monthly payments are lower, you can also upgrade to a fancier model or higher trim level. Of course, when your lease is up, you have to turn the vehicle back in and decide what to do next.
The Benefits of Buying a Car vs Leasing
The benefits of buying a new car are many. For one thing, as soon as you make your last payment, you own the vehicle outright. You can drive the car payment-free or sell it. Another perk is that while you’re paying off your auto loan, you’re building equity in the vehicle and improving your credit score.
When you own your vehicle you also don’t have to worry about the number of miles you drive or accruing excessive wear and tear on the car. Of course, one big reason drivers choose to lease rather than purchase is that monthly payments for a car loan are typically bigger than for a car lease.
Test Drive a New Chrysler, Dodge, Jeep, or Ram Today
Learn more about leasing vs financing when you talk to the experts at Gilroy Chrysler Dodge Jeep Ram in Gilroy, CA. We’ll be happy to go over both options with you and show you around our new inventory. When you find a vehicle you like, we’ll get you behind the steering wheel for a test drive.