Buying vs Leasing in Annapolis, MD

The Benefits of Buying vs. Leasing

If you're in the market for a new car but are unsure whether to buy or lease, we've got you covered. Here at Genesis of Annapolis in Annapolis, MD, we believe that all our customers deserve to make an informed decision about their investments, which is why we've taken the time to compare the benefits of buying vs. leasing. Read on to learn which one is right for you.


Benefits of Buying a Car

  • Long-term cost savings: Although you may have to spend more upfront when purchasing a car, once it is paid off, you'll no longer have to worry about monthly payments.
  • Ownership: When you purchase a car near Edgewater, you are its owner. This means you can customize it to your heart's desire.
  • Equity: When you purchase a vehicle, you can eventually use that equity to trade it in for a new vehicle. Contact us or visit our dealership in the Arnold area to learn about our trade-in program.

Benefits of Leasing a Car

  • Lower monthly payments: Lease payments are often much more affordable than loan payments. Because of this, you'll likely have to spend less when you lease a car near Laurel.
  • Lower maintenance costs: When you lease a vehicle, most services are covered by the manufacturer's warranty. That means if you have to bring it in for a service or repair, you won't have to pay out of pocket.
  • Tax breaks: When you lease a car for business-related reasons, you might be able to enjoy some tax advantages.

    • Explore Our Inventory in the Chesapeake Beach Area

    Leasing or purchasing a new car has never been easier than with Genesis of Annapolis near Severna Park. Simply contact us or visit our state-of-the-art dealership today to check out our exciting inventory and learn more about next steps.

    Hours

    • Monday 9:00 AM - 7:00 PM
    • Tuesday 9:00 AM - 7:00 PM
    • Wednesday 9:00 AM - 7:00 PM
    • Thursday 9:00 AM - 7:00 PM
    • Friday 9:00 AM - 7:00 PM
    • Saturday 9:00 AM - 5:00 PM
    • Sunday Closed

    Contact

    Genesis of Annapolis

    935 West St
    Directions Annapolis, MD 21401

    • Sales: 410-571-3598
    • Service: 410-571-3598
    • Parts: 410-571-3598