INFINITI of Modesto

4130 McHenry Avenue
Directions Modesto, CA 95356

  • Sales: (209) 225-2705
  • Service: (209) 225-2706

Lease vs. Buy at INFINITI of Modesto

Is leasing a car right for you?
This question is hard to answer. It really depends on your lifestyle and your preferences.

Certain lifestyles may work better with leasing than others. For instance, if you entertain business clients, leasing allows you to drive a luxury vehicle for less money (and there may be a tax write-off for certain professions). Other people just like to drive a brand-new car every two or three years. So ultimately, leasing isn't only a dollars-and-cents question - it's about personal tastes and priorities.

Pros and Cons of Leasing a Car
The lists below summarize the pros and cons of leasing vs. buying.

Advantages of Car Leasing
 - Lower monthly payments
 - Lower down payment
 - You can drive a better car for less money each month.
 - Lower repair costs (With a three-year lease, the factory warranty covers most repairs.)
 - You can more easily drive a new car every two or three years.
 - No trade-in hassles at the end of the lease
 - You pay sales tax only on the portion of the car you finance.

Disadvantages of Car Leasing
 - You don't own the car at the end of the lease.
 - Your mileage is limited to a set amount, typically 12,000-15,000 miles a year (excess
   miles are paid for at the lease termination).
 - Leasing may be more expensive in the long run (as opposed to buying and driving until
   the wheels fall off).
 - Wear-and-tear charges can add up (paid at lease termination).
 - It's costly to terminate a lease early if your driving needs change.

Advantages of Car Buying
 - Pride of ownership - you can modify your car as you please.
 - Car buying is more economical in the long run unless you buy and trade-in regularly.
 - No penalty for driving excess mileage
 - Increased flexibility - you can easily sell the car whenever you want.

Disadvantages of Car Buying
 - Higher down payment is generally required.
 - Higher monthly payments
 - You're responsible for maintenance costs once the warranty expires.
 - Trade-in or selling hassles when you're ready to get rid of your car
 - More of your ready cash is tied up in a car, which depreciates, rather than an
   investment that appreciates.

Leasing makes it easier to get more car for less money. You are essentially paying for a portion of the car, instead of buying the entire vehicle. So, like many things, leasing looks great in the short run. But if you take the long view of economics, you will see that leasing will eventually be more expensive.

Now consider the person who buys a car. At the end of five years of car payments, the car now belongs to him or her. It might not have much value on the open market, but if you're willing to drive it for several more years, it may become very inexpensive to own once all the payments have been made.

It is ultimately up to the smart car buyer to weigh the pros and cons, determine what their needs are, and what best suits their lifestyle.
 Updated: 05/05/2015  - by Philip Reed, Senior Consumer Advice Editor

Modesto Infiniti Leases, Loans & Auto Financing, Serving Fresno, Tracy, Merced & Turlock - Learn More

Now that you've learned more about leases and loans at our Modesto dealership, perhaps you have an idea of how you'd like to finance a new Infiniti or quality used car. But if you're still not sure, feel free to visit our finance department and discuss your options with the experts. Infiniti of Modesto operates with a dedication to customer service that you'll find across all departments, including auto financing. Our personable, knowledgeable team members are ready to work with Fresno, Tracy, Merced, and Turlock Infiniti drivers of all experience levels to make the financing process as easy and enjoyable as possible.

Apply for Infiniti Car Financing in Modesto

Found the perfect new Infiniti to lease, or a quality used car to take home to Modesto, Merced, Tracy, Fresno, or Turlock? Now that you're heard about the different options we have available at our Infiniti dealership, you're ready to take the next step and get started with auto financing! To save time in the dealership, you can get started on you auto finance application on your own time. Just fill out our online Finance Application, and you'll be well on your way to the new Infiniti you've been dreaming of.

To complete the auto financing process and get behind the wheel of your new Infiniti in Modesto, visit the dealership at 4130 McHenry Avenue. Our auto financing team is prepared to help you seal the deal.


INFINITI of Modesto

4130 McHenry Avenue
Directions Modesto, CA 95356

  • Sales: (209) 225-2705
  • Service: (209) 225-2706
  • Parts: (209) 557-9990


  • Monday 8:00 am - 7:00 pm
  • Tuesday 8:00 am - 7:00 pm
  • Wednesday 8:00 am - 7:00 pm
  • Thursday 8:00 am - 7:00 pm
  • Friday 8:00 am - 7:00 pm
  • Saturday 8:00 am - 7:00 pm
  • Sunday 9:00 am - 6:00 pm