Buy vs Lease in Virginia, MN
Depending on your buying habits, jumping into a new lease or financing a new Chrysler, Dodge, Jeep, or Ram can be a dicey decision. Fortunately for you, Waschke Family CDJR has written this helpful guide. If you're still unsure at the end, take a moment to read our glowing testimonials and contact us with any questions you may have.
Buying
The process of buying a new car is pretty straightforward. You can pay cash up front and simply drive off the lot with your new sedan, SUV, or pickup. However, most choose to finance their vehicle, which means having an easy monthly payment. Most financing options are between four and seven years. When the car is paid off, it’s yours to keep. This is great for those who like one model and prefer to stick with it for the long haul. Buying a new Jeep Wrangler or Dodge Ram can be as easy as speaking to a member of our sales team, who can set you up with all of the information you need to purchase or set up a financing plan.
Leasing
For those worried about commitment or for those who like to try out the features of new models regularly, leasing can be a much more attractive option. For starters, the monthly payments are often lower than financing a vehicle. Plus, most incentives and warranty options that affect newer models are usually available to those who lease. They are also much more flexible with most leases ranging from 24 to 48 months. The terms of the lease are most often affected by the type of the model, the length of the lease, and any mileage limits included in the lease terms. However, leasing is often the quickest way to drive a new model off the lot and down to Olcott Park, where you can have some fun.
Buying vs Leasing
When deciding on whether to buy or lease a vehicle for your commute down Highway 53, it’s best to consult your finances and look at what you can afford. In general, your monthly payment for all auto related expenses should be no more than twenty percent of your pre-tax income. This includes insurance, car payments, gas, service costs, and other factors. Once you have a budget in mind, take a look at your buying habits. If you don’t mind commitment and have the income, buying might be the best option. Alternatively, if you are worried about taking out a loan or would prefer to switch to a new model when it comes out, leasing might be the right choice for you. Either way, it’s a good idea to discover your buying power before making a decision.
What Are the Benefits of Financing?
- Most financing periods last four to seven years.
- The vehicle is yours at the end.
- No mileage limitations.
Dealership Information
Testimonials
Very Professional
Service was Excellent
“ Service was excellent and personal able to us as we considered buying a new vehicle. The purchasing process was easy and quick. Each person we dealt with was wonderful. ”
Great Service!!
“ I recently worked with the service team at Waschke to diagnose and repair a major powertrain issue on my vehicle. My service advisor, Eric went above and beyond to help with my vehicle’s warranty claim. He took the time to communicate with the warranty company, sifted through 5 years worth of service records on my vehicle, and advocated on my behalf until the repair was ultimately covered. Eric's professionalism, persistence, and genuine care made a stressful situation much easier, and I’m incredibly grateful for his efforts. This was my first visit to Waschke after transferring service from another dealership, and to receive this kind of service as a first time customer, I can confidently say that I will be taking my vehicle to Waschke for all service going forward. ”
Service was Excellent!
“ Service was excellent and personal able to us as we considered buying a new vehicle. The purchasing process was easy and quick. Each person we dealt with was wonderful. ”
Thanks Again!
“ Willy Martin went above and beyond to ensure my experience, from beginning to end, was a positive one. Thanks again Willy! ”
Very Professional
“ Waschke was personable and very professional on my recent service experience. I’ll be back next time. ”
Thank You so much!
“ Yesterday we purchased a new truck from Waschke Family CDJR and I have to say we were treated SO very well here throughout the entire process. We had the dream team of Casey, Tyler & Jenn work every angle to get us the best deal possible! Even on the final day when we went to sign papers they found another extra rebate to save us even more $$. Kindest most down to earth group of people to work with! Thank you so much! ”
Good Job!
“ They did a good job ,and done on time. ”
I'll be back Again!
“ Waschke was personable and very professional on my recent service experience. I’ll be back next time ”
Thank You so much!
“ Yesterday we purchased a new truck from Waschke Family CDJR and I have to say we were treated SO very well here throughout the entire process. We had the dream team of Casey, Tyler & Jenn work every angle to get us the best deal possible! Even on the final day when we went to sign papers they found another extra rebate to save us even more $$. Kindest most down to earth group of people to work with! Thank you so much! ”
Great Job!
“ They did a good job ,and done on time. ”
Helpful and knowledgeable!
“ Amanda in parts department was so helpful, and knowledgeable. I needed a battery for fob and she was on it. Thank you Amanda ”
Would not go anywhere else!
“ Tina in service has always been wonderful to work with and she has always taken great care of my wife’s car, as well as both of my children’s cars. Would not go anywhere else! ”
Very Helpful
“ Casey was exceptionally helpful. ”
“ I recently worked with the service team at Waschke to diagnose and repair a major powertrain issue on my vehicle. My service advisor, Eric went above and beyond to help with my vehicle’s warranty claim. He took the time to communicate with the warranty company, sifted through 5 years worth of service records on my vehicle, and advocated on my behalf until the repair was ultimately covered. Eric's professionalism, persistence, and genuine care made a stressful situation much easier, and I’m incredibly grateful for his efforts. This was my first visit to Waschke after transferring service from another dealership, and to receive this kind of service as a first time customer, I can confidently say that I will be taking my vehicle to Waschke for all service going forward. ”