CDJR Financing: Get Car Loans at Macdonald Motors

Consult with our finance team to determine which method of financing is most appropriate for your circumstances. However, it can be helpful to first get an overview of the difference between leasing and buying. This can help you to prepare to discuss the topic with thoughtful, prepared questions. Try to think about how you will be using the vehicle daily. For example, if you need a commuter vehicle for driving through Portland, that is a different situation than shopping for a rugged truck that you plan to customize to suit the nature of your work.

Another important consideration is how long you plan to keep your vehicle. If you want to build up equity in the car over time, you might be able to trade it at the end of your contract, for example. However, if you prioritize the lowest monthly payment possible, you might be more inclined to signing onto a lease arrangement. Think of the lease as a kind of long-term rental; many leasing periods are valid for two or three years at a time. This is a better choice if you want to upgrade into a new model every few years. Finally, a lease contract will often include warranty coverage, so you can be sure to maintain or get repairs for your lease vehicle during the period of the contract.