Neither option is automatically better for everyone. Financing may make sense if you drive a lot, want to own your vehicle, or plan to keep it for several years. Leasing may be worth considering if you prefer changing vehicles every few years and your driving fits within the lease's mileage allowance. Your budget, driving habits, and plans for the vehicle should all be considered. For details about available programs, contact Laurel Nissan.

Auto loan terms vary by lender, vehicle, credit profile, amount financed, and other factors. Nissan financing programs can offer terms ranging from 12 to 72 months on qualifying vehicles and applicants, while other lenders may offer different terms. A longer loan term can reduce the monthly payment but may increase the total interest paid over the life of the loan. For current terms and programs, please contact us.

Lease terms vary by vehicle, program, lender, and current offers. Many leases are structured for a few years, with the specific term and mileage allowance established in the lease agreement. For current lease terms and available programs, please contact us.

Mileage is an important consideration when leasing. Lease agreements include a predetermined mileage allowance, and exceeding that allowance can result in additional charges at the end of the lease. Nissan notes that leases are generally suited to drivers who travel up to about 15,000 miles per year, although available mileage allowances vary by program. If you regularly drive more than that, financing may be worth considering. Contact us to discuss the options available for your driving habits.

You can still apply for financing and see what options may be available. We work with multiple lenders, and each lender has its own credit requirements, rates, and approval criteria. Completing a credit application allows our Finance Department to review your situation and determine which programs you may qualify for. All financing and leasing are subject to lender approval and are for qualified buyers or lessees.

A down payment is not necessarily required in every financing situation. Requirements vary based on the lender, vehicle, credit profile, amount financed, and other factors. A down payment can reduce the amount financed and may affect your monthly payment. Contact us to discuss the options available to you.

Your credit profile can affect the financing programs, interest rate, loan term, and payment options available to you. Lenders may also consider factors such as the vehicle, amount financed, income, and other information when making a credit decision. Your specific terms will depend on the lender and your individual application.

You can start the financing process by completing our online credit application. Applying in advance can help you begin exploring your financing options before visiting the dealership. Completing an application does not guarantee approval, a specific interest rate, or specific terms. Final financing and leasing decisions are made by the applicable lender and are subject to approval for qualified buyers or lessees.