At Harper Jeep Ram Chrysler Dodge, we go above and beyond to ensure that our customers' financing and leasing process is as streamlined and stress-free as possible. Deciding between an auto lease or loan can be difficult if you do not have the help or resources you need. That's why we make it our top priority to ensure that you drive off our lot feeling confident in your decision. When you visit our Alcoa, Tennessee dealership, our knowledgeable finance professionals will help you determine whether a lease or loan makes the most sense for your lifestyle and budget. After reviewing some of the key differences between a lease versus a loan below, take the next step and call the auto financing experts at our dealership!
(865) 658-4125
Finance Department
Benefits of Leasing vs Buying from our Alcoa, TN Dealership
| Benefits | Leasing | Buying |
| Ownership | Â | x |
| Lower Down Payment | x | Â |
| Lower Monthly Payment | x | Â |
| No Mileage Limit | Â | x |
| Vehicle Customization | Â | x |
| Easier Trade In | x | Â |
Find a Model to Lease
Alcoa, TN | Knoxville, TN | Maryville, TN
Leasing
If you are the type of driver who prefers driving a new vehicle every few years, a lease from Harper Jeep Ram Chrysler Dodge may be the right choice for you. When you choose to lease, you can either trade in your leased vehicle for a different model, buy the car, or turn it in and walk away once you have reached the end of your lease. In addition to being less of a commitment than ownership, leasing also requires little upfront money! Down payments and monthly lease payments will typically be less than that of an auto loan. With the savings from leasing, you can even elect to upgrade to a more expensive vehicle or trim option. When you lease your vehicle, you will make monthly car payments to the lender based on a predetermined value. However, ending your lease terms early, exceeding your mileage limit, or modifying your vehicle can result in additional fines. If the flexibility of leasing sounds like a good fit for you, our team suggests exploring the competitive lease options available at Harper Jeep Ram Chrysler Dodge in Alcoa, TN, today!
Loans
When you choose an auto loan, you are working towards vehicle ownership, meaning you get to keep your vehicle for as long as you want. With no lease terms to abide by, you have the freedom to customize your car and drive as many miles as your heart desires. If you love taking long road trips, an auto loan is your best option. While the down payment and loan payments are usually higher than lease payments, you get the freedom to sell or trade-in your vehicle at any point in time without a set deadline. Additionally, you don't have to worry about getting fined for excessive wear and tear on your vehicle. If the idea of long-term ownership with no limitations sounds right for you, Harper Jeep Ram Chrysler Dodge makes it easy to finance your next vehicle in Alcoa, TN. Call or visit us to learn more about the finance process and our current low-APR offers!
Choose the Right Lease for You
If you are still unsure whether a lease or loan is the best option for you, the friendly team at Harper Jeep Ram Chrysler Dodge is here to help. When you visit us in Alcoa, TN, we will take the time to ask about your needs and find a solution that checks all your boxes. Get started now by using our easy online tools. Quickly estimate the value of your trade-in or apply for financing through our website now! If you have any questions along the way, don't hesitate to call Harper Jeep Ram Chrysler Dodge for assistance. We look forward to helping you on your financing or leasing journey!
Apply for Financing
