When you lease a vehicle, you are paying a portion of the model in question during the period of your contract. The balance is the residual. You have the option to buy the vehicle at the end of the contract by paying this residual value, or you can also give back the vehicle and buy another.
When you finance, you buy the entire vehicle over a period of time. You, therefore, own your vehicle at the end of the contact. Each option has different considerations and we can help you find the right option for today at O’Neill Nissan in Mount Pearl, Newfoundland.
Come in today and speak with our financing and leasing experts.