Buy vs Lease in Chicago, IL

Buy vs Lease in Chicago, IL

What is the Difference Between Buying and Leasing a Car?


Are you trying to decide between buying and leasing a vehicle? You’re not alone! Here at Western Avenue Nissan, we often get customers who aren’t quite sure which financing option is right for them or what each one really entails. To learn more, keep reading this quick overview and give our friendly team a call at 877-283-0833.

Buying 

Often the method that first comes to mind when looking at getting a vehicle, purchasing allows you to work towards owning the car. Depending on your budget and your savings, this could include paying for the entire sticker price of the model outright or breaking the cost into monthly payments over a set period of time. This financing timeframe can vary greatly, since you’ll be able to choose from both new and used vehicles. For most buyers however, it’s usually at least five years, possibly more for a new vehicle. As you can imagine, the main benefit with buying is that at the end, the car is yours! You can feel free to drive it for as many years as you desire, travel as many miles as it will take you, pass it down to your kids, or sell it.

Leasing

With leasing, you’ll have a shorter contract but more restrictions when it comes to mileage and other factors. Since it’s essentially a borrowing situation, leasing qualifies for new vehicles only. You will get to enjoy smaller monthly payments compared to financing a purchase, since the amount due is based on the depreciation, not its current cost. For this reason, most leasing contracts last around two or three years. You’ll also be asked to follow a mileage cap, usually around 12,000 miles per year and any damage you accrue on the vehicle will be calculated when the lease is up. The main benefit with leasing is that you’ll get to enjoy all the latest features and the ease of a new vehicle without straining your budget or committing to a long-term contract.

Your Lifestyle

How can you decide which option is right for you? Take a few moments to think about your lifestyle. Are you the kind of person who loves changing up your ride every few years and doesn’t want to deal with mechanical issues? Leasing is probably the right choice! Would you prefer to have the same vehicle for an extended period of time and know that you can drive across the country? We would recommend buying or financing a purchase!

Meet with our Finance Department here at Western Avenue Nissan and let us help you choose between buy vs lease in Chicago, IL. We look forward to seeing you soon!  


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Sales Hours

(877) 283-0833

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Dealership Information

Testimonials

Amazing!

Kathy Jones
6-11-2020
Full Star Full Star Full Star Full Star Full Star

The guys who checked me in was absolutely amazing! Personable! Professional and was attentive to all my questions! A great experience.

Everything went perfect!

Shantel Thomas
6-4-2020
Full Star Full Star Full Star Full Star Full Star

Everything went perfect and Kevin was an awesome sales person. I told him about my credit background since I have a bankruptcy and he assured me not to worry and I would be walking out with a car. I loved that I was in and out in under three hours. Plus, I was approved for a brand new car with no miles. I recommend Nissan to anyone looking to purchase a reliable vehicle with limited options. I would definitely go back.

Amazing!

Lisette Morales
6-1-2020
Full Star Full Star Full Star Full Star Full Star

Nothing, our Salesmen Jose Q. Was amazing, very knowledgeable and really friendly. Made us feel welcomed and very comfortable.

Staff is very Friendly

Lillie Wallace
5-28-2020
Full Star Full Star Full Star Full Star Full Star

I've been coming to this place for 5 years now. They do great work on the cars. Prices are reasonable. Staff members very friendly. And they do get u in and out..

Great Experience

Robneka jefferson
5-20-2020
Full Star Full Star Full Star Full Star Full Star

GREAT SALESMAN HE WORKED WITH US TO THE BEST OF HIS ABILITY... I MEAN WE DIDN’T HAVR LITTLE TO NOTHING OF A DOWN PAYMENT HE WORKED WITH WHAT WE HAD GAVE US A GREAT DEAL.. I GAVE HIM SO MUCH ATTITUDE WHEN HE CAME BACK WITH SOME BANK INFORMATION AN HE STILL WORKED WITH ME LET ME TEST DRIVE SOME CARS LET ME PICK WHICH ONES WAS BEST FOR ME AND MY BOYFRIEND REAL MAN RIGHT THERE DEFINITELY GO TO WESTERN NISSAN AN ASK FOR JOSHUA

Great Experience

Robneka jefferson
5-15-2020
Full Star Full Star Full Star Full Star Full Star

GREAT SALESMAN HE WORKED WITH US TO THE BEST OF HIS ABILITY... I MEAN WE DIDN’T HAVR LITTLE TO NOTHING OF A DOWN PAYMENT HE WORKED WITH WHAT WE HAD GAVE US A GREAT DEAL.. I GAVE HIM SO MUCH ATTITUDE WHEN HE CAME BACK WITH SOME BANK INFORMATION AN HE STILL WORKED WITH ME LET ME TEST DRIVE SOME CARS LET ME PICK WHICH ONES WAS BEST FOR ME AND MY BOYFRIEND REAL MAN RIGHT THERE DEFINITELY GO TO WESTERN NISSAN AN ASK FOR JOSHUA

Impressed

Diane Robinson
5-14-2020
Full Star Full Star Full Star Full Star Full Star

I was impressed with the quick service I received and the staff was very professional and friendly. I would say they need to address the waiting room area. It needs a bit of sprucing up. Because of the neighborhood it's in, I found it to be s bit offensive compared to other Nissan dealers. Just keeping it real.

Above n beyond!

Danielle Hoy
5-8-2020
Full Star Full Star Full Star Full Star Full Star

Want to Thank Josh for taking care of us . He went above n beyond! Thanks! We will definitely refer people to him Like

My experience was very nice.

Cheryl Allison
5-1-2020
Full Star Full Star Full Star Full Star Full Star

My experience was very nice. The people were very nice and friendly. Will come again

Super Nice!

Briana Chick
4-28-2020
Full Star Full Star Full Star Full Star Full Star

I’ve always had trouble looking for the right car for me. I went to this dealership and asked Nathan Anderson for some help. Now, you want a guy who can tell you about cars, and actually knows what he’s talking about, this is the place to go. Nathan is super nice and charismatic with his customers. He is easy to talk to and knows how to make you feel comfortable being there. He didn’t try to sell me a car out of my price range either. He kept it real with me and that’s what I appreciate. 5/5 stars recommend going here and talking to Nathan for help.

Appreciated

Camille Walker
4-16-2020
Full Star Full Star Full Star Full Star Full Star

I usually don’t write reviews as most companies don’t even go beyond or above anymore when it comes to customer service. I recently had a positive experience with Western Avenue Nissan, specifically with a Manager at that location Brenda Watts. I was inquiring about a vehicle I saw online and Brenda was first articulate, patient and knowledgeable about the vehicle at hand. That type of customer service goes far especially with customers who are contemplating buying from your dealership. I want to make sure Brendais recognizes for going over and beyond for this customer as it was appreciated and made me confident in top notch customer service again where the customer is top of mind not just the deal. Owners hopefully you’re taking care of your employees especially this one when you have a gem such as her you want to make sure that they continue to shine.

Very Pleased!

Zoraima Cruz
4-2-2020
Full Star Full Star Full Star Full Star Full Star

he establishment was official. The woman that works there, Maria, assisted me with my car search. She answered my questions honestly and effectively and was very pleased with Maria's customer service skills. She was also very easy on the eyes. I didn't end up purchasing a car as I was unprepared, but I will definitely return here when I'm ready.

Sending more People Your Way!

Francisco Leon
3-26-2020
Full Star Full Star Full Star Full Star Full Star

I went in there just to look around and wound up driving away in a great truck. The salesman Mr. Lopez was very nice and helpful. He went above and beyond to make sure I got the best deal before I left and I did. Thank you Mr.Lopez your awesome!!! Sending more people your way!!!

Excellent Service Department!

Devon Mack McPherson
3-5-2020
Full Star Full Star Full Star Full Star Full Star

Excellent service department. I have bought 2 Altimas and the service department keeps my vehicles riding like new. Life customer.

Thanks you so much!

Jennifer Garcia
3-1-2020
Full Star Full Star Full Star Full Star Full Star

My husband and I were struggling to be qualified for a car. I was told by a family member that Nissan gave them an opportunity so we took the chance. I met Maria and she hooked us up. She worked hard to meet our criteria, answering all our concerns and making us feel comfortable. Her dedication was superb. I am grateful every time I don't have to walk in the cold. Thank you so much!

I love this dealership!

Mylinda Stubblefield
2-20-2020
Full Star Full Star Full Star Full Star Full Star

I loved this dealership! I had been to numerous dealers in the city and in the suburbs of Chicago when looking to buy a car. I came to this one, and they were all so attentive. A man named Julian Outly helped me from start to finish. I told him what I was looking for in a car, but I also explained to him that my budget was limited because I’m a college student with an hourly job. Julian helped me find a car that helped with the weather conditions of where I attend school. He also found the car that was in my price range. I still wanted my father’s approval before I bought the car, but when my dad came a week later, Julian was ready for him. He convinced him why the car was a great purchase for me, and why the purchase would be lasting. So now, I’m the proud owner of a Nissan Rogue :-). The car is impeccable, and I drive all over the country in it. Julian was polite, professional, courteous of our time, and genuinely wanted to help me find a car that worked for my lifestyle without making me go bankrupt. If I get another car (years from now), I’ll definitely be back here as my first choice!

Customer Testimonials

Juan Gomez,
Chicago
2-28-2020
Full Star Full Star Full Star Full Star Full Star

I was fortunate to find a dealership that was able to get my car the exact way I wanted it. I was sick of hearing everyone say no. These guys at the Kingdom really treat you right. I'll be back again.

Customer Testimonials

Matt Shields,
Burbank
2-6-2020
Full Star Full Star Full Star Full Star Full Star

The $7 life time oil change is the greatest deal I ever heard of. The service was quick and cheap, the way I like it. Thank You

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