Alfa

Buying vs. Leasing an Alfa Romeo at Alfa Romeo Larchmont

So you've heard of leasing before but you're not sure what the pros and cons are of leasing vs. buying? Then you've come to the right place. Below we've compared leasing to buying so you can choose which option is best for you.

Who has ownership of the vehicle when you lease an Alfa Romeo?

When you lease an Alfa Romeo you are paying for the vehicle for the duration of the lease. Once the terms of the lease are complete you must return the vehicle to the dealership. In short, the dealership keeps the title of the vehicle along with ownership of the vehicle while you are leasing it. You're only paying to drive and use the vehicle for the duration of the lease. 

When you buy an Alfa Romeo, however, you own the vehicle. If you finance the vehicle you will receive the title when the vehicle is paid off. If you buy the Alfa Romeo outright you'll immediately receive the title. 

What do payments look like for a lease vs. buying an Alfa Romeo?

When you lease a vehicle you are only paying the value of the vehicle while it is in your possession instead of the full value of the vehicle when you purchase an Alfa Romeo. Since you are only paying a portion of the vehicles full value lease payments tend to be cheaper than payments when you purchase a vehicle. 

How does maintenance work when you lease an Alfa Romeo?

When you lease a vehicle you are required to stay on top of the vehicle's regularly scheduled maintenance such as tire rotations and oil changes. Leases tend to end before the manufacturer's warranty expires. When you purchase a vehicle though, the manufacturer's warranty will most likely expire before you decide to sell the vehicle if that is what you decide to do. Unlike leases, you are not required to perform maintenance on your vehicle. It is highly recommended, however, if you wish to keep your Alfa Romeo running in like-new condition. 

Can you customize your Alfa Romeo when you lease it?

You can make slight customizations to your Alfa Romeo when you lease by means of pre-approved accessories at the time of your lease inception. If you buy an Alfa Romeo, however, you are free to customize your vehicle in whatever way you fancy. In accordance with state vehicle inspection laws of course.

Is GAP coverage include when you lease an Alfa Romeo?

Yes! GAP coverage is included in the terms of your Alfa Romeo lease which gives you extra peace of mind in case of a total loss. When you purchase a vehicle you have the option to add GAP coverage and roll it into your monthly payments.

What happens at the end of a lease?

At the end of your lease, you have several different options. You can choose to purchase the vehicle from the dealership, you can simply return the leased vehicle, or you can return your leased Alfa Romeo and lease a new Alfa Romeo. 

Whether you choose to lease or buy a new Alfa Romeo we here at Alfa Romeo Larchmont are happy to help get you into a new vehicle. You can even view our selection of new Alfa Romeo vehicles at your leisure by clicking here. 

Contact

Alfa Romeo Of Larchmont

2050 Boston Post Rd
Directions Larchmont, NY 10538

  • Sales: 914-341-1600
  • Service: 914-341-1600
  • Parts: 914-636-3030

Hours

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

Make an Inquiry

By submitting your contact information, you consent to be contacted by telephone about purchasing a vehicle or obtaining vehicle financing. Clicking on the Submit button above is your electronic signature.