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Don Miller Dodge Chrysler Jeep Ram FIAT

5802 Odana Rd
Directions Madison, WI 53719-1212

  • Sales: 608-957-8621
  • Service: 608-957-8619
  • Parts: 608-571-6481


  • Monday 09:00AM - 07:00PM
  • Tuesday 09:00AM - 07:00PM
  • Wednesday 09:00AM - 07:00PM
  • Thursday 09:00AM - 07:00PM
  • Friday 09:00AM - 06:00PM
  • Saturday 09:00AM - 05:00PM
  • Sunday Closed

Should I Lease or Loan my New Car, Truck, Van or SUV? Don Miller Dodge Chrysler Jeep Ram Answers the Buy-vs-Lease Debate

There's a lot to consider when investing in a new vehicle. After settling on all of the car's bells and whistles, you still need to decide the best way to invest your money. Is a Chrysler, Dodge, Jeep or Ram lease right for you? Our team of financing experts can help you determine the best way to invest in the vehicle of your dreams. Feel free to drop by the dealership for a consultation with one of our finance specialists.

We want our customers to be well-informed about their options, so we've included a quick buy-vs-lease comparison below for more insight:

The Benefits of Leasing

  • Leasing typically requires little to no money down at signing.
  • With a small down payment, you can afford to invest in a more expensive model -- or just pocket the savings for a rainy day.
  • Since you're only paying off the car's depreciation, monthly payments are much smaller with a lease than a loan.
  • Leasing is often a tax deduction for business owners.
  • When your lease expires, you have options, such as trading in your current lease for the latest model.
  • Since you don't own the vehicle, you don't have to worry about the vehicle losing value and trying to sell it. When the lease expires, you can simply return it to the dealership.

The Benefits of Buying

  • When you buy outright, you don't have to worry about a future financial burden from monthly payments.
  • If you do opt for an auto loan, monthly payments only last until you've paid off the agreed-upon price and interest. Unlike leasing, you won't necessarily be making payments for the entire time you have the vehicle.
  • Even with a loan, you will eventually be the owner of the vehicle, which means you're free to sell or trade the vehicle as you please.
  • As opposed to leasing, financing a vehicle doesn't come with mileage stipulations.
  • As the owner, you're free to modify your vehicle with Mopar® parts and accessories.
  • Buying builds equity.

For more information on financing opportunities or our lease deals in Madison, please reach out to our staff at 888-466-1138 or visit our showroom at your leisure.