MAZDA CX-5 Lease vs Financing: Which is Right for You?

The first step to getting a great deal on an outstanding SUV is determining whether a Mazda CX-5 lease or loan is right for you. There are many differences between leasing and financing, and each route has different benefits for different drivers. Bakersfield Mazda covers the details behind each option so you can find the right choice.

MAZDA CX-5 Lease Benefits

Many drivers opt for a Mazda CX-5 lease for financial reasons. When you lease a vehicle, your upfront expenses include a security deposit, the first month’s payment, and some basic taxes and fees. Your monthly payments will be based on the car’s anticipated depreciation during the life of your lease, which is usually two or three years. That means monthly payments will usually be lower than if you finance. At the end of the lease, you can either return your SUV and get into a brand-new model or decide to purchase the one you’ve been driving.

MAZDA CX-5 Financing Benefits

Financing your Mazda CX-5 is typically the more expensive option. In addition to your down payment (usually 10 to 20 percent of the sticker price), monthly loan payments tend to be higher. That’s because your loan payments are calculated using the vehicle’s value plus interest. Although it may be more expensive in the long run, some people choose a loan over a Mazda CX-5 lease because they eventually want to own the car outright. You also won’t have mileage limits and other restrictions that come along with a lease.

Get a Custom MAZDA CX-5 Lease in Bakersfield, CA

We proudly offer financing terms to drivers of all credit scores and histories. Visit our Mazda dealership in Bakersfield, CA, to learn more. We’ll create a Mazda CX-5 lease or loan offer that works for your budget, lifestyle, and goals!