Land Rover Loan vs Lease

While both loans and leases have their specific advantages, figuring out which option is best for you really comes down to just a few simple questions about your needs, budget, and lifestyle.

Leasing gives you a shorter term and lower monthly payments than traditional financing, but it means you'll have to decide exactly how long you want to drive the vehicle before you take it home. That said, if you don't drive many miles in a given year, and like the idea of upgrading your vehicle to keep up with new model releases, leasing is probably a great option for you.

On the other side of the coin, traditional financing allows you to take ownership of your vehicle, quite literally. Once you're done paying it off, you can keep it without a monthly payment, pass it down to a younger family member, trade it in, or sell it outright. That flexibility is worthwhile for some, especially since this route also removes the mileage limitation that can hinder those who travel for business, have an extended commute, or frequently take long road trips.

Visit Our Dealership Today!

No matter how you decide to finance your new Land Rover SUV, the team at Land Rover Birmingham is here to help! Visit us today to have all of your auto financing and lease questions answered so you can make the best possible decision.