Buying vs. Leasing a New Genesis Vehicle in Annapolis, MD
Are you looking for a new luxury vehicle to drive in Edgewater? When you visit Genesis of Annapolis, you can find an exciting selection of brand-new Genesis vehicles, one of which might be ideal for you. Once you know which new vehicle you want from our inventory, you can buy it or lease it.
What's the Difference Between Buying and Leasing?
Buying and leasing are the primary ways of paying for a new vehicle to drive in Laurel. When you buy a vehicle, you typically take out a loan to be able to pay for it immediately. You then pay off the loan over time with interest added. When you lease a vehicle, you pay the dealership a monthly fee to be able to drive the vehicle for the duration of the leasing period. The lease usually lasts 36 months. At the end of the lease, you can return the vehicle, trade it in for a new model to lease, or buy the leased vehicle.
