You don't have any saved vehicles!
Look for this link on your favorites:
Once you've saved some vehicles, you can view them here at any time.
If you prefer to drive newer, safer, more reliable cars, but not commit to a large down payment every few years, and also don’t drive an excessive amount every year, then a new car lease might be the right choice for you. Leasing is ideal for people who prefer to bypass the annoyance of selling and buying every time they want to upgrade to a new car, truck, or SUV.
Conversely, if you want long term automotive relationships with a greater sense of ownership and commitment, then buying may be what’s right for you. Car-buying is typically best for shoppers who don’t mind driving the same car, truck, or SUV for over five years or even until it is no longer fit for the street.
Being aware of the pros, cons, and overall benefits of leasing vs buying a car or truck is imperative. Be sure to consider repair costs, vehicle ownership, monthly payments, and potential savings when considering the best new car or truck financing type for you.
When considering vehicle financing, new car, truck, or SUV ownership certainly comes with many well-known advantages, most associated with outright ownership of the vehicle. You may not realize, but, there are also some great upsides of leasing, as well. It’s essential to consider all financial aspects including term length, down payment, monthly payments, buyout payments, interest rate, depreciation, and maintenance & repair costs, before making a decision. A meticulous audit of your current financial situation, future needs, and your preference for commitment, will likely ensure that you make the optimal choice between leasing and buying a new car.
Vehicle lease payments are often less expensive than car financing and loan payments as the typical lease structure is pretty much renting with the option to buy out at the final payment of your lease term. Remember when leasing that you will need a good credit score, and will be asked to carry comprehensive and collision insurance, though the same can be said for the best rate auto loans. Though it might add to your monthly payments, it is also wise to choose a model with the features you want or need, as personal satisfaction is often priceless.
Auto leases often include regular vehicle maintenance & repair. It’s important to remember this when projecting monthly costs of leasing vs ownership. Regardless of which make and model you choose, mechanic bills are an uncertain cost that can quickly add up. And for those who are not certified mechanics with a hydraulic jack and full toolset in the garage, leasing might be the best option for peace of mind.
In general, a new car or truck lease saves money in the short term with lower monthly payments, while buying earns you a long term investment, meaning full ownership of the value of the car, truck, or SUV at the time it is traded, sold, or paid-off. For best value on a lease, avoid lease return fees for terminating the vehicle lease early, going over mileage, or putting on excessive wear and tear. For maximizing investment on a purchased/financed vehicle, you can pay it off in a shorter term and also avoid excessive wear and mileage.
|Maintenance & Repair Costs||Typically Included||Not Included|
|Down Payment||Smaller Down Payment||Larger Down Payment|
|Monthly Payment||Smaller Monthly Payments||Larger Monthly Payments|
|Ownership||No Ownership||Pride of Ownership|
|Finance Term||Approx. 2-4 Years||Approx. 3-6 Years|
|Savings/Investment||Short Term Savings||Long Term Investment|
|Vehicle Customization||Not Available||Available|
|Pre-Owned Vehicles||Not Available||Available|
|Poor Credit Financing||Not Available||Available|
Mike Smith Chrysler Jeep Dodge Ram knows that choosing the right Chrysler Jeep Dodge Ram car and financing option is never easy. Our team of experienced Chrysler Jeep Dodge Ram lease and finance specialist are on hand to help you make the right choice. Visit us online, by phone, or in-person at our dealership location in Beaumont, TX. We look forward to serving you.
Ask yourself this: do you love changing your car often and hate a huge upfront payment? Customers who love new cars every few years and don’t like paying a significantly high amount every month or hate the idea of a longer finance term may like the idea of leasing a vehicle. Mike Smith CJDR lease deals offer a flexible lease term option, so customers can make an educated decision while choosing a lease deal.
If your answer is “no” to the above question, then purchasing a car is your best option. Once you have settled on the CJDR model you want, check out our specials, lease deals, and all current offers to see what works best for you. We offer a variety of incentives, that are updated monthly, for both leasing and car buying financing option. We recommend customers to contact our local dealers to learn more about the ongoing offers available in their location.
No matter what you choose: lease or buy, our sales experts will assist you all through your new car purchase or leasing journey. Call us or contact us when you are ready and we’ll put our expertise to work for you.
Great group of people to deal with. The don’t try to give you the run around Service, sakes, finance department work hard at getting things done fast and with high quality
Great experience with buying our new Jeep Wrangler! Richard Gipson took care of us! Sales Manager Dayton Goodman helped to make the deal we needed.
A great experience from beginning to end when buying my new ram 3500. Ivey was a pleasure to deal with. I would recommend him to anyone.
Awesome experience buying my 2500 Ram from Mike Smith in Beaumont. I have bought many vehicles but none with such ease. The salesman was easy to deal with and understood my needs and wants on the vehicle. So ask for Dylan as your sales person.
Husband and I came in looking for jeep to tow behind RV. The shopping experience was awesome! Seal the deal and left with our Jeep!