Benefits of Buying Vs. Benefits of Leasing: Which is Right for You?

If you are in the market for a brand-new MINI have two choices: to buy or lease. Luckily, the experts at MINI of Knoxville are here to help you make that decision. If you’re not sure which option is best for you, our team would be more than happy to discuss the benefits to both.

Advantages of Purchasing a new MINI

If you plan on keeping your MINI for longer than three years or you drive more than 10,000 miles per year, you may want to consider buying. Another reason you may want to consider buying your MINI is if you’d like to customize it to your liking. You can add on accessories such as graphics, new rims, or a rear spoiler.

Advantages of Leasing a new MINI

Leasing is great for those who may want to switch up their vehicle options every few years. If you know you don’t drive far distances very often, leasing may also be in your favor. Leases also tend to have lower monthly payments since you are only driving the vehicle for the length of your term. Of course, if you have fallen in love with your MINI, you could always choose to buy when the lease is up.

As you can see, there are benefits to buying and leasing a new MINI. If you’d like to explore your options further, please reach out to our team of professionals. We can’t wait to hear from you soon!

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