Lease or Loan | Auto Financing in West Virginia

Should You Choose a Lease or Auto Loan for Your Next Vehicle?

Elkins Chrysler Dodge Jeep Ram is proud to be a trusted location for auto leases and loans in the greater Elkins, Clarksburg, Fairmont, Buckhannon and Bridgeport, WV area. If you're looking to invest in a new or used vehicle, you're also weighting your financing options. We can help you determine if a lease or loan is right for you. Simply stop by our showroom or reach out to our staff at 888-903-8715 to schedule a consult.

In the meantime, here are a few facts to ponder when considering auto financing in Elkins, WV:

The Benefits of Leasing

  • A Chrysler, Dodge, Jeep or Ram lease afford you to opportunity to drive away in your dream car for little to no money down.
  • While you'll be making payments throughout the time that you have the vehicle, monthly payments are much smaller than what you get with a loan.
  • When the lease expires, you have options, such as renewing the lease, trading the car in for a new model, or purchasing your leased vehicle.
  • There's no need to worry about depreciation because when you're ready to turn in the vehicle, you just hand over the keys at our dealership.
  • If you're a business owner, a leased vehicle could also be written off as a tax deduction. Consult your tax advisor for details.

The Benefits of Buying

  • As the owner, you're free to sell or trade your vehicle as you please.
  • When you buy outright, you don't have to worry about the future financial burden of monthly payments.
  • Since only new cars are eligible for leases, opting for an auto loan when investing in a used car is a smart way to be able to avoid paying the full sticker price upfront.
  • And while you do have to keep up with monthly payments, this is only for a short time and not for the entire duration of ownership.
  • If you put a lot of miles on your car, you'll want to opt for an auto loan and forgo the mileage stipulations of leasing.
  • Taking out a loan builds equity.
  • You're also free to personalize you right with MoparĀ® parts and accessories, while you have to keep a leased vehicle as stock.

Contact

Elkins Chrysler Dodge Jeep Ram

1434 Beverly Pike
Directions Elkins, WV 26241

  • Sales: (888) 903-8715
  • Service: (888) 904-2925
  • Parts: (888) 705-3802

Hours

  • Monday 8:00 AM - 7:00 PM
  • Tuesday 8:00 AM - 7:00 PM
  • Wednesday 8:00 AM - 7:00 PM
  • Thursday 8:00 AM - 7:00 PM
  • Friday 8:00 AM - 7:00 PM
  • Saturday 9:00-AM - 5:00 PM
  • Sunday Closed