Should I Buy or Lease My New Car?

When you find a great new car, truck, or SUV, one of the first things you need to do is decide whether you want to buy or lease. Both options have their benefits, to guide your choice we have laid out the highlights of each.

What are the benefits of buying a new car in Geneva?

When you choose to finance a new car in Geneva, you can enjoy the following benefits:

  • More flexibility; keep and sell your car when you please.
  • No mileage restrictions, you're free to drive as long and as often as you want.
  • You're free to modify and customize your car as you prefer.
  • Once you pay off the auto loan, you own the vehicle outright.
  • You can use the car as a trade-in on the next vehicle you buy.
  • In the long-run, buying can save you money.

Buying is the right option for you if you want more flexibility and want to own the vehicle.

What are the benefits of leasing a new car in Geneva?

When you choose to get a Chrysler, Dodge, Ram or Jeep brand model lease in Geneva, you can enjoy the following benefits:

  • Enjoy a smaller down payment - some leases even require $0 down.
  • Leasing allows you to drive a newer car with up-to-date features for lower monthly payments.
  • Since you're only paying for a part of the vehicle's full price, your sales tax will be lower.
  • Leases generally last two to three years - getting into a new car is easy, and you have no long-term obligation.
  • Repair costs will be lower and many services are covered under warranty.
  • When your lease ends, you have a number of options including, buying the vehicle, leasing a new model, or simply returning it.

Leasing is the right option for you if you want low initial costs and you want the choice to upgrade every couple of years.

Allow Our Finance Team to Help

Once you have found the perfect Chrysler, Dodge, Jeep or Ram model, weigh your options and reach out to our finance team. If you have any questions about buying or leasing a new car, come on over to our Geneva, NY dealership serving Canandaigua, Auburn, Seneca Falls and Newark. We would be happy to provide all of the information you need to decide which option is right for you; then we'll help you get the auto loan or lease that best suits your needs.

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Privacy Statement

As a valued customer, we want to ensure your private information is kept private and only shared with those companies who are authorized either by yourself or as allowed or required by law. This document explains our privacy policy, gives you reasons why we ask for the type of information we do, and if we do reserve a right to share information with non-affiliated third parties, lets you "opt-out" of our reservation to do so. Please take a moment to read this entire policy.

Collection of Information
The purchase of a motor vehicle requires considerable accumulation of nonpublic personal information. For example, if we sell or lease you a vehicle - extending you credit at your request - we will receive information from you in order to determine your creditworthiness. We may also obtain information from a credit-reporting agency. We may also obtain information from third parties such as employers, references and insurance companies.

Some of the information we obtain from you may be required by state of federal agencies, such as the Department of Motor Vehicles or the Internal Revenue Service. This information may be required even if you were to pay cash for your vehicle. Examples would be a driver's license or social security number.

Protecting Your Information
We safeguard nonpublic personal information according to established industry standards and procedures. We maintain physical and electronic safeguards that comply with state and federal law. We restrict access to nonpublic personal information about you to those employees and outside contractors who need to know the information to provide product or service to you. We prohibit our employees and agents from giving information about you to anyone in a manner that would violate any applicable law or our privacy policy.

Information Sharing
Unless we have indicated our desire to share your nonpublic personal information with non-affiliated third parties (by checking the box in the section below), we share information:

A) For everyday business purposes, such as to process transactions, maintain account(s), respond to court orders and legal investigations, or report to credit bureaus.

B) For purposes of processing a sale or lease transaction as your request or authorize, such as submitting information to third party financial institutions that may be requested to take an assignment of the contract or verifying insurance coverage information.

C) When using outside service providers to help us provide you with products and services. Before providing information to our service providers we enter into contractual agreements prohibiting them from disclosing or using the information other than for the purpose it was disclosed.

D) With "Affiliated" companies. Companies that are affiliated with us include any company that controls us, any company we control, or any company under common control with us.

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I am interested in purchasing or leasing a vehicle and request that my Consumer Credit Report be obtained, at no cost to me, in order to help determine the types and extent of financing which may be available to me.

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Friendly Chrysler Dodge Jeep Ram of Geneva

1051 Rts 5 And 20
Directions Geneva, NY 14456-9543

  • Sales: 3154001898
  • Service: (315) 828-0021
  • Parts: (315) 878-8176

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By submitting your contact information, you consent to be contacted by telephone about purchasing a vehicle or obtaining vehicle financing. Clicking on the Submit button above is your electronic signature.