Buy vs Lease near Hartford, CT
There are two ways you can secure a new car at Watertown Mitsubishi and that is through buying or leasing. While some believe that these methods are the same, we’re here to explain how they’re different. Let’s continue reading this guide to identify how they work and which one may fit your situation.
Buying
The most common route to getting a new vehicle is simply by purchasing the model from our lot. Drivers have the option to buy the car through a lump sum payment, but it’s more practical to apply for financing. This path allows you to spread out your earnings while commuting through the Hartford region every day and provides long-term benefits like building credit. Additionally, you’ll get to enjoy the advantages of a powertrain and vehicle warranties. These declarations are designed to ensure the quality of the car and come with little to no-cost services. Once you’ve fulfilled your agreement and paid off the total balance, you’ll have a choice to sell your model to us as a trade-in and use it to buy another vehicle.
Leasing
Are you interested in cruising around Asylum Avenue in a new vehicle every few years? It may be best to invest in a lease. The short-term contract is designed to give the same benefits as if you’re buying a factory-fresh car, but there are mileage restrictions you must agree to before the keys are transferred to your possession. After accepting the conditions of the arrangement, you’ll have an opportunity to complete registration requirements as well as acquiring the appropriate insurance policy. As you get closer to the expiration date, the lease servicer will give you an option to keep the car and switch to financing or exchange your lease to get another vehicle. If you want to go another route, simply allow the agreement to end. For more details, speak to our Finance Department team.
Which Is Better for You?
Buying and leasing really depends on the driver. If you want an asset that can be utilized at a later date, then purchasing a car may be better. However, shoppers who rather not have the responsibility of ownership should go with a lease. One of the major differences between these two methods is duration. Financing usually takes up to seven years, while the rental arrangement has a maximum length of four years. Plus, a lease has less expensive installments because the amount generated by contract is based on the depreciated value of the car. Meanwhile, the financing method is determined by the retail price. Whichever option you choose, you’ll be behind the wheel of a new model while traveling on Interstate 84. For a comprehensive consultation, visit our location during business hours.
Can You Buy a Car After Leasing It?
- Yes, one of the benefits to leasing a car is being able to finance it after the previous contract expires.
Dealership Information
Testimonials
“ Great all around service. Cristian was a great help. I recommend to everyone looking for a new car, you’ll be happy!!! ”
“ Excellent service ”
“ (Translated by Google) I was helped by Najei Irizarry, excellent customer service, honest, she explains everything and helps you with everything! I loved it! 100% recommended (Original) Me atendió Najei irizarry, excelente atención al cliente , honesta, te explica y te ayuda en todo! Me encantó ! 100% recomendable ”
“ I can’t thank my sales assistant enough. I had an amazing experience working with Najei Irizarry. She went above and beyond from the moment I walked in patient, knowledgeable, and truly invested in helping me with my dream car and explained everything well. She made the entire process smooth. I’m so grateful for her help in getting me into my new vehicle. Highly recommend! ”
“ Great experience working with Nano. The staff was friendly and helpful. We were able to get my daughter her fist car with their help and she is thrilled! Thanks Nano for making her dream come true! ”
“ (Translated by Google) Najel Irizarry and Jael were great, very friendly and attentive to everything, and above all, did an excellent job. Thank you so much for my new car and for your kindness. Excellent team! (Original) Najel Irizarry y jael buen trato buen servicion muy a mables bien a tentos a todo y sobre todo un exelente trabajo muchas gracias por mi Nuevo auto y por su buena amabilidad exelente team ”
“ The best seller najei ”
“ This Was A Great Experience Thanks To Najei For Helping Every Step Of The Way…. She Definitely Was A Pleasure Working With Her ”
“ (Translated by Google) Excellent customer service, Nano, thank you very much! (Original) Excelente servicio al cliente Nano muchas gracias! ”
“ It was a really great dealership if you want great service and help go here jailel is the best 100% recommend coming here I will for the rest of my life ”
“ Went to Watertown Mitsubishi after coming from another dealership and having horrible customer service. Received wonderful customer service at Watertown Mitsubishi. Everyone was friendly and accommodating and answered all my questions and Najei made my experience wonderful. ”
“ (Translated by Google) Miss Najei provided us with excellent service, accurate information, answered all our questions, and always with a smile and respect. (Original) La señorita Najei nos brindo un excelente servicio, información correcta, nos despejo todas inquietudes y siempre con una sonrisa y respeto ”
“ (Translated by Google) Nano, the seller, was very attentive and kind. He took great care of us and answered all our questions politely. I'm very happy with his service, thanks again! 😀 (Original) Nano, el vendedor fue muy atento y muy amable, nos supo atender de la mejor manera y respondía a toda nuestras preguntas con amabilidad, muy contenta con su atención, gracias nuevamente!😀 ”
“ (Translated by Google) Thank you for being so kind, you gave it your all, thank you for the help and for making my dream come true, you are number one (Original) Gracias por ser tan amable bregaron al 100 gracias por la ayuda y cumplir mi sueño son los números uno ”
“ (Translated by Google) Najei, thank you for being so kind and helping me and making my dream come true, you guys are number one. #1 (Original) Najei, Gracias por ser muy amable por brindarme la ayuda y hacer q mi sueño se cumpla realidad, son los números uno. #1 ”
“ (Translated by Google) Thank you for everything, today was a very special day. You are the best and very kind. Thank you so much. (Original) Gracias por todo hoy fue un dia muy especial heres la mejor y muy amble muchimas gracias ”
“ (Translated by Google) Many thanks to Joal for the excellent service on my new purchase! Highly recommended!! (Original) Muchas gracias a Joal por él excelente servicio en mi nueva compra recomendado!! ”
“ I had a great experience. Everything went so fast. I’m in shock Five stars !!! thank you Joal and the team in Watertown Mitsubishi ”
“ Experience was awesome. Najei took care of me and everything was smooth. In and out! ”
“ (Translated by Google) I bought my new car today at the Mitsubishi dealership with this lovely lady, very friendly, great service, I left the store super satisfied, thank you so much for helping me.. Najei (Original) Comprei meu carro novo hoje na loja da mitsubishi com essa moça adorável, muito simpática ótimo atendimento, sair da loja surpe satisfeita, muito obrigada por me ajudar.. Najei ”
“ Nano was the best! Absolutely exceptional service. Very fast process and friendly staff. I will recommend friends and family to Watertown Mitsubishi! ”
“ (Translated by Google) The best salesperson helped me, answered all my questions and doubts, was patient with me, and I left with a new car. Thank you for everything. (Original) El mejor vendedor me atendio, me contesto todas MIs preguntas y dudas me tuvo paciencia y sali con un auto Nuevo gracias por todo ”
“ Nano has been very helpful in answering all our questions and concern . Very kind and pleasant. Walking in today and coming out with my husband dream car has been an amazing experience. Recommend this place come see our guy nano . ”
“ (Translated by Google) Excellent customer service, above and beyond, thank you very much! (Original) Excellent Customer Service above and beyond thank you very much ....servicio al cliente excelente dedication y esfuerzo gracias!!! ”
“ (Translated by Google) The experience is great, and they give us excellent service and are very friendly. I would come back a thousand times! 👍🤝⭐️⭐️⭐️ (Original) La experiencia es genial , y nos da una buena atención y muy amables , volvería una y mil veces 👍🤝⭐️⭐️⭐️ ”
“ (Translated by Google) They are such good people 🤩⭐️⭐️⭐️ It's a place I would definitely return to. (Original) Son muy buenas personas 🤩⭐️⭐️⭐️ Es un lugar donde volvería ”
“ (Translated by Google) Excellent service. Very good advice and they made everything easy for us. Very happy with the purchase of the vehicle. (Original) Excelente atención. Muy buen asesoramiento y nos facilitaron todo. Muy contento en la adquisición del vehículo. ”
“ One of the best dealer I been to got approved with no problem with bad credit and the people there are the best ”
“ Great place, great people. Najei was a great help! ”
“ My first time buying a car and it was the best experience ever. Nano and Kevin helped me get into a car I’m totally in love with. Muchas gracias Nano!!! ”
“ Nano was great was super helpful and resourceful helped me and my significant other lower our insurance for a great deal and they lowered our payments for the car of our dreams ”
“ Super helpful and made us feel comfortable ”
“ Thank you so much for helping me El goldo Nano Got me into a car I would recommend him 10 out ”
“ It was a good experience working with “El Gordo Nano”. He helped me get into an updated car! Would recommend! Thank to Kevin for being a sweet heart. ”
“ (Translated by Google) undefined (Original) They were fantastic to work with! Very helpful! ”
“ Gracias el goldo Nano por la ayuda. Lo recomiendo ”
“ El Gordo nano fue excellent en el servicio busca una manera de areglar las cosas gracias ”
“ Gracias a Joen por ayudarme nuevamente a consguir in auto. Ya somos familia Mitsubishi. ”
“ Excelente ”
“ They helped us get into exactly what we wanted in the same day and smoothly ”
“ Tuvimos muy buena experiencia con Joal que nos atendió muy bien, nos sentimos en confianza y quedamos satisfechos con el. ”
“ Very friendly and helpful. Also technically capable ”
“ El gordo Nano me ayudó a con truck! Lo recomiendo. ”
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“ I am very pleased with how my purchase was handled. Nano is very informative, patient and knowledgeable. I highly recommend Mitsubishi in Watertown! Ask for Nano! ”