Buying vs. Leasing
at Guaranteed Auto
Search for "buying vs. leasing" in Ohio and the results can often leave you more confounded than when you started. At Guaranteed Auto, we're here to make the used car buying vs. leasing process as straightforward as possible. As one of the only used car dealerships near Toledo, OH, that offers both used car leases and sales, we're experts in both. View our informative buy vs. lease breakdown, then visit any of our convenient used car dealer locations when you're ready to learn more.
What Are the Benefits of Buying a Car?
Browse our used cars for sale online, then stop by our OH dealerships to meet with our auto sales specialists. They'll outline the benefits of purchasing instead of leasing a vehicle, which include:
- Ownership: Perhaps the most important factor in buying instead of leasing is the fact that you'll gain ownership of your vehicle. This means that you'll eventually have the title in your name.
- Mileage Limits: Buy a used truck or SUV and you'll enjoy the freedom to take your vehicle wherever you please without worrying about mileage restrictions.
- Down Payment: While purchasing a car generally comes with higher up-front costs, you can trade in a car near Toledo to lower your down payment.
- Monthly Payments: You'll likely experience higher monthly car payments, but these costs go toward 100% ownership of the vehicle.
- Car Maintenance: Thanks to our exclusive used car service warranty, your vehicle can be covered for up to two years or 30,000 miles, whichever occurs first. Ask our team for more information!
Why Lease a Used Car in Ohio?
Because we strive to provide drivers with plenty of affordable options, we're pleased to offer the exclusive Lease-2-Own program. Program benefits and other perks of starting a used car lease include the following:
- Flexibility: Instead of getting "stuck" with a vehicle, you'll have the ability to upgrade to a different lease in a few years. If you do love your SUV or sedan, we'll be more than happy to help you purchase it once the lease has expired.
- Easy Financing: Perhaps one of the biggest advantages to our Lease-2-Own program is that it requires no credit checks. All that's needed is proof that your monthly payment doesn’t exceed 15% of your gross monthly income.
- Up-Front Costs: Guaranteed Auto leases generally come with lower down payments and less money upfront.
- Lower Monthly Payments: Enjoy lower monthly car payments by leasing a used car.
- Personal Account Manager: We believe in developing relationships with our customers, which is why we'll set you up with a personal account manager who will provide you with the used car lease rates that fit your budget.