Explore Buying vs. Leasing in Little River, SC

Pros

• You own the car. When you own your vehicle, you can make personalizations to it without worry!
• No mileage requirements. Drive your vehicle far and wide thanks to North Strand Nissan! You can buy a new vehicle now and drive it everywhere.
• You can make a profit. You can sell your vehicle to a third party or even to our Nissan dealership in Little River, SC.
• Pass it on. If you have children, you can pass your vehicle on to them without worry.

Cons

• You're responsible when things go wrong. When you're leasing a car, you're only technically borrowing it. If major things happen, it's not your problem. When you own the vehicle, you'll be responsible for the upkeep. We recommend getting our Lifetime Powertrain Limited Warranty to protect your peace of mind.
• Higher down payments.
• Monthly payments are higher. When you buy a car, you'll have longer terms, but your payments will be higher. If you don't like the idea of being locked into a loan, look at leasing options.

Pros

• Lower monthly payments. If you need a quick, affordable option, leasing is a fantastic idea.
• Drive new cars often. Anyone who is obsessed with the latest and greatest Nissan technology will benefit from a lease. You have short terms so you'll always be in the newest Nissan model.
• Pay only for the car's cost. You're only financing the value, so you'll save money in the long run.
• Lower down payment options and offers. If you have awesome credit, you will either have a very loan down payment or none at all, depending on the lease deal. Check out our Nissan offers now and see what we have to offer.

• No bad credit financing options. Most lease agreements have higher risks for the lender, so you'll probably need good credit.
• Mileage requirements. Generally, leasing agreements only allow drivers to drive 10-12k miles a year. Unless you live close to work or only want the car for leisure activities, you'll be hit with overage fees at the end of your agreement.
• Wear and tear fees. You are responsible for any internal wear and tear such as stained seats. Be sure to take care of the car!
• Early termination fees. Since this is a short-term rental agreement, you can get hit with a fee.