When you're in the market for a new vehicle, there are a lot of choices to make. From deciding which model is right for you to finding the best trim to suit your driving needs, a lot of choices have to be made before you get behind the wheel. However, one of the most important decisions is whether to finance or lease your dream car.

To help drivers in Flemington, Rowland Mills, and East Amwell Township, Fred Beans Nissan of Flemington has created this finance vs. leasing guide. With our help and a team of experts on your side, you'll be able to drive away feeling confident about your choice.

What Is a Vehicle Lease?

Leasing a new model can be foreign to a lot of drivers, but it might be the right choice for you. Leasing is similar to a long-term rental. Instead of purchasing the vehicle, you'll essentially be paying to drive it for a few years.

Leasing entails creating a tailored contract that includes all of your leasing terms, such as annual mileage limits and the amount of time you'll be leasing the model. Even though you'll have complete use of the vehicle for a set amount of time, you won't own the vehicle. There are typically two main types of leasing programs to choose from:

  • Closed-End Lease: This is the most popular choice for drivers and allows you to return your vehicle at the end of your contract. However, if you wish to purchase the vehicle at this time, you'll have the chance to do so.
  • Open-End Lease: With this option, you may be required to purchase the vehicle after your lease is complete. It's a great choice for those who want to commit to a vehicle for several years.

Check out our finance center today!

Financing a Vehicle

The next option is financing that involves taking out a loan to pay for your chosen model. Financing is fairly straightforward, and you'll get to call the car your own. Financing professionals will review your credit history and speak with lenders to create a plan with monthly payments and interest rates that work for you. Once the vehicle is paid off, it's yours!

Fill out our secure online finance application.

Benefits of Leasing

There are a lot of perks that come with leasing a model. First of all, monthly payments generally tend to be lower than with financing. This is because, instead of paying off the full value of the model, you're only paying for the depreciation while it's in your possession. Down payments and taxes are usually lower as well.

Leasing also often comes with warranty coverage, allowing you to change up your vehicle every few years. There are also possible tax benefits for drivers who lease vehicles for business purposes.

Benefits of Financing

The biggest benefit to financing a model is that the vehicle is completely yours to do with as you please. This means you'll have no mileage limits and can customize the vehicle to your heart's content. Additionally, a secured loan may also help elevate your credit, and you can sell your vehicle anytime you choose.

Is it Better to Finance or Lease?   

It's clear that drivers in Flemington, Rowland Mills, and East Amwell Township can benefit from both leasing and buying. To find out which choice is better for you, contact our finance department today. Our team is happy to help you explore your options and see which plan will fit into your lifestyle.

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Fred Beans Nissan of Flemington

172 Us Highway 202
Directions Flemington, NJ 08822

  • Sales: 8554903922
  • Service: 908 905 5151
  • Parts: 908 905 5151


  • Monday 8:30 am-8pm
  • Tuesday 8:30 am-8pm
  • Wednesday 8:30 am-8pm
  • Thursday 8:30 am-8pm
  • Friday 8:30 am-8pm
  • Saturday 9:00 am-5pm
  • Sunday Closed