Loan vs Lease


Performance Dodge

555 Mantua Pike
Directions Woodbury, NJ 08096

  • Sales: (856) 848-5008
  • Service: (844) 728-0608
  • Parts: (856) 345-9298


  • Monday 9:00am-9:00pm
  • Tuesday 9:00am-9:00pm
  • Wednesday 9:00am-9:00pm
  • Thursday 9:00am-9:00pm
  • Friday 9:00am-9:00pm
  • Saturday 9:00am-6:00pm
  • Sunday Closed

Financial Options at Performance Dodge: Loan vs. Lease


You've found your dream car.  Now that you're ready to drive off into the sunset, there's only one step left.  How will you finance your new ride?  Our on-site Finance Center will gladly walk you through all of your potential payment options.  But first, let's take a quick look at the benefits of taking out an auto-loan (to eventually buy) and the benefits of the alternative option: leasing.  When it comes down to it, there's no right or wrong answer.  Rather, it's simply a matter of your unique driving priorities, lifestyle and immediate financial needs.


Benefits of an Auto-Loan/Buying

  • Eventual Ownership
  • You can modify and alter the vehicle
  • No penalty for driving mileage
  • Long term investment
  • Flexibility - the car is yours to keep or sell, as you wish

Benefits of Leasing

  • Lower monthly payment
  • Lower down payment
  • Drive a newer vehicle every two or three years
  • Lower repair costs with a factory warranty
  • No trade-in hassles at the end of the lease

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As you can see, each option has its respective benefits.  Come by Performance Dodge of Woodbury, NJ to test drive a new or pre-owned vehicle and to discuss your financial options today!