New Car Lease vs Buy

Lease vs Buy

Why Should You Lease a New Car?

If you like to drive newer, safer, more reliable cars or trucks, but prefer not commit to a big down payment every 3-4 years, and also do not drive an exorbitant amount of miles every year, then a new car lease may be best for you. Leasing is intended for those who would prefer to avert the annoyance of selling and buying each time they want to drive a new car.

Why Buy a New Car?

On the other hand, if you prefer long term automotive relationships with a larger sense of commitment and ownership, then buying should be what’s right for you. Car-buying is typically best for consumers who won’t mind driving the same car for over five years or even until it is no longer suitable for the road.

Lease vs Buy: Which One Is Right for You?

Knowing the pros, cons, and overall benefits of buying vs leasing a car is imperative. Be sure to acknowledge factors such as potential savings, vehicle ownership, monthly payments, and repair costs when calculating the best new car, truck or SUV financing type for you.

Leasing vs Buying: Ownership

When weighing the value of vehicle financing, new car ownership absolutely comes along with many well-known advantages, most associated with absolute ownership of the car. You may not realize, but, there are also a few nice advantages to leasing, as well. It’s imperative to consider all financial aspects including interest rate, down payment, monthly payments, term length, buyout payments, depreciation, and maintenance & repair costs, before making a decision. A precise inspection of your current financial situation, future needs, and your preference for commitment, will likely ensure that you make the best choice between leasing and buying a new car.

leasing vs buying a new car benefits

Monthly Payments

Car, truck, or SUV lease payments are often less expensive than auto loan and car financing payments as the standard lease format is pretty much renting with the option to buy out near the final payment of your lease term. Remember when leasing that you will need a higher credit score, and will be required to carry collision and comprehensive insurance, though the same can be said for the better rate auto loans. Though it can add to monthly payments, it is also wise to get a model with the features you want or need, as personal satisfaction is often priceless.

is it better to lease or finance a car

Maintenance & Repair

Auto leasing often includes regular vehicle maintenance & repair. It is important to remember this when calculating monthly costs of ownership vs leasing. Regardless of what make and model you buy, mechanic bills are an unpredictable cost that can quickly add up. And for those who are not certified auto mechanics with a hydraulic jack and full toolset in the garage, leasing might be the best option for peace of mind.

is leasing better than buying

Savings vs Investment

In general, a new vehicle lease saves money in the short term with lower monthly payments, while buying gets you a long term investment, meaning outright ownership of the value of the car or truck at the time it is traded, sold, or paid-off. For best savings on a lease, avoid lease return fees for terminating the vehicle lease early, going over mileage, or putting on excessive wear and tear. For your best investment on a financed/purchased vehicle, you can pay it off in a shorter term and also avoid excessive wear and mileage.


Lease Buy
New Vehicles Available Available
Pre-Owned Vehicles Not Available Available
Vehicle Customization Not Available Available
Poor Credit Financing Not Available Available
APR % Credit-Based Credit-Based
Ownership No Ownership Pride of Ownership
Down Payment Smaller Down Payment Larger Down Payment
Monthly Payment Smaller Monthly Payments Larger Monthly Payments
Savings/Investment Short Term Savings Long Term Investment
Finance Term Approx. 2-4 Years Approx. 3-6 Years
Maintenance & Repair Costs Typically Included Not Included


Acura Lease and Finance Offers In Houston TX

Sterling McCall Acura knows that choosing the right Acura car and financing option is never easy. Our team of experienced Acura lease and finance specialist are on hand to help you make the right choice. Visit us online, by phone, or in-person at our dealership location in Houston, TX. We look forward to serving you.


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Cars Sep 17, 2021

It was very easy to schedule the appointment online and the service advisor was friendly and helpful. Have been using this dealership for almost 15 years for my two Acura’s. Thanks for the service!

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Cars Sep 11, 2021

I’ve been dealing with Sterling McCall Acura for nearly 15 years. They have the best customer service. There real nice and they get the job done in a timely matter. 👍🏾

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DealerRater Sep 3, 2021

Never met a more patient group of guys. Even the GM Kim was really patient. They give a care about consumers and not about jerking people around

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Cars Sep 1, 2021

Best experience in purchasing a car. My sales guy Rigo was amazing. The staff there went out of their way to help us. Awesome dealership.

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Cars Sep 1, 2021

My service consultant, Christian Gonzalez is very professional. He explained in writing what needed to be done to my vehicle and got the job done promptly.

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Cars Aug 21, 2021

Since I've owned my 2013 Acura TL, I haven't been anywhere else for service; even tires. Juan is professional and an overall AWESOME service advisor! I always trust he will take care of any maintenance or mechanical issues I have with my car. Through Sterling McCall Acura, I always receive GREAT service at a reasonable price.

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Cars Aug 19, 2021

Great service Brandy was professional, courteous and awesome . I would gladly recommend this place to others. The place was clean and the staff made sure we were well informed about the car maintenance.

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DealerRater Aug 12, 2021

I want personally thank Darrell Babineaux for ALL He did for me. My experience didn't feel like I was in a typical car dealership. Darrell Babineaux is a calm, professional, and caring person. My situation was challenging. I was very upside on a car that had a lot of miles. My credit was not that great because I had been trying other dealerships, refinance companies, and payday loans to try to get out of my bad car loan. It was a mess. I told Darrell I didn't feel safe in my car because I didn't know when ...

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DealerRater Aug 8, 2021

Im so happy working with Darrell Babineaux. He has helped me in ways I can’t explain and I thank you so much for your service with purchasing a car. This my first time financing a car and he helped me with a great deal and a amazing car

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DealerRater Jul 27, 2021

Mr. Darrell B. is the best salesman!! He went OVER and BEYOND to get me into the SUV I wanted. I also received top dollar for my trade in. My husband and I traveled from Louisiana to Texas, and that was the best decision ever. We were taken care of from the moment we walked in, until we drove off in our new Acura!! Mr. Darrell B. also called to make sure we made it home safely. If you are in the market for a new vehicle, Mr. Darrell B. is definitely your guy!!

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(713) 596-2300

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10455 Southwest Freeway • Houston, TX 77074

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Sterling McCall Acura 29.6687311, -95.5480537.