Explore the difference between Leasing and Buying from Passport Auto

Benefits of Leasing

Leasing can be the most financially advantageous way of driving a vehicle. Perhaps that’s why more than half of drivers lease. We are committed to providing the most competitive leasing programs, so you can drive a larger, more powerful, better-equipped vehicle. Leasing does not require the same cash commitment; you only pay for the value of the vehicle you use during its lease. And, at the end of lease term, you have the flexibility to turn in your vehicle for another, re-lease for additional term, buy at set agreement price, or turn in and walk away. Leasing with Financial Services adds the security of keeping it all under one roof. From test drive to lease end, the vehicle family meets all your automotive needs.

Personalize

Why not personalize your lease to fit your calendar, your lifestyle, and the way you drive?

GAP Protection

The benefits of having a lease with us extend far beyond just saving money, with the Ultimate Lease comes a peace of mind at time of total loss.

Payment Options

Our financial products offer exceptionally convenient payment options for your vehicle.

Benefits of Financing

Decide on your dream vehicle and let us provide flexible financing to help you drive it home. We offer options for loan customization, low competitive rates, no down payment (subject to credit approval), terms up to 60 months, and our OwnersChoice program featuring low monthly payments for new and Certified Pre-Owned vehicles.

Financial Services is designed to meet the expectations of drivers, and that’s why you’ll find our performance matches the vehicles we finance.

Ownership

When you finance your new vehicle, your name goes on the title and when the loan period ends, you become the owner. You can sell your vehicle or trade it in at any time. You can even trade it for a leased vehicle, using the value of the vehicle to reduce your monthly payments.

High resale value

You will usually find the resale value is still quite high at the end of your finance period, which makes it especially valuable as a trade-in on a new vehicle

Tags: Buying, Lease, Lease vs buying, Passport Auto, purchase
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