Lease VS Buy

Should You Buy or Lease Your Next New Mazda?

If you're thinking about adding a brand-new Mazda to your driveway, you've likely spent some time thinking about whether it's best to buy or lease your new ride. While both options have their fair share of benefits, choosing the best route can be tricky. Luckily, our team here at Hodges Mazda at the Avenues is here to help!

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Buying vs. Leasing a New Mazda in Jacksonville

When it comes down to deciding on whether you should buy or lease your next new Mazda Mazda3 or Mazda CX-5 in the Jacksonville Beach and Saint Augustine areas, there isn't a right or wrong answer. The best path for you depends largely on your personal preferences and driving habits.

Here's a breakdown of what to expect from each option:

Buying a New Mazda

When you choose to finance a vehicle, it's yours to do with as you please as soon as your loan is paid off. You're free to keep it for as long as you like, drive it as hard as you want around the Ponte Vedra Beach and Saint Johns areas, and make the customizations you desire without fear of incurring extra fees.

  • No mileage restrictions
  • No penalties for excessive wear and tear
  • No monthly payments after your loan is paid off
  • Freedom to trade towards another new car in the future

Leasing a New Mazda

Leasing a new car is a bit like borrowing it from our dealership with the intent to drive it for a few years and return it in roughly the same condition in which you found it (with allowances for expected wear and tear). You have a few options at lease-end such as starting the process anew with another new car.

  • Monthly payments are typically less expensive than buying
  • Car is under warranty for the duration of the lease, leading to savings on service
  • No need to navigate trade-in hassles
  • Limitations on mileage, customization, and wear

If you're ready to get started or you're still on the fence about buying or leasing a new Mazda near Lakeside, stop by out dealership today to meet with our financing team. We'll be happy to help!

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