What are the benefits of Leasing vs. Buying a vehicle?

Dec 10, 2019

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 vehicles . 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 an additional term, buy at set agreement price, or turn in and walk away. Leasing with Passport Auto Group adds the security of keeping it all under one roof. From test drive to lease end, the Passport Auto Group 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
When you finance your vehicle through Passport Auto Group, you benefit from the fact that we love vehicles as much as you do.

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.

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.