Buying a vehicle can be an overwhelming process. Not only do you need to decide on the type of vehicle, but you also need to determine how you will pay for it. Thankfully, help is available when you visit a local dealership, such as a Nissan dealership, that offers a variety of vehicles and payment options.
If you are considering an SUV, you most likely need space and durability. Of course, finding a sport-utility vehicle that suits each of your needs, such as space, durability, warranty, and affordability, can be challenging. Here are a few factors to help you choose the right SUV for your needs.
Most people know that sport-utility vehicles offer more seating space than a lot of cars. However, you may be surprised to learn that there are different SUVs with a different number of seats.
You will have the option of choosing a compact SUV, which offers a normal design of two rows of seats. There are also midsize sport-utility vehicles that have the same amount of seating space but may have a larger cargo area.
If you need more space for seating and for cargo, opt for a large sport-utility vehicle. In most cases, these SUVs have three rows of seats for up to 8 passengers and a large amount of cargo space.
New Versus Used
Another option you will need to consider is whether you want to buy a new or used SUV. There are pros and cons to each option.
Most dealerships offer a wide selection of both new and used vehicles. Since vehicles depreciate quickly, buying used can be a smart financial decision. If you buy a used vehicle from the dealership, the SUV will most likely come with a long warranty than if you were buying a used SUV from a private seller.
It is also important to note that used vehicles sold at dealerships go through a rigorous inspection, ensuring the vehicle is in excellent used condition.
On the other hand, buying new does have benefits. You will be the first driver and you may receive many incentives and rebates when purchasing a new SUV from the dealership. Many dealerships offer free service packages, and if you are financing, the manufacturer may offer special promotions, such as large rebates and low interest rates.
2WD Versus 4WD
Whether you want and need a 2-wheel drive or 4-wheel drive sport-utility vehicle is also a decision you will need to make.
A 2-wheel drive sport-utility vehicle will be lighter and more fuel efficient. It is also more affordable to purchase, maintain, and insure. However, if you live in an area that experiences a lot of wintry precipitation or you plan to drive your SUV off-road or through harsh terrain, a 2WD is not the ideal option for you.
4-wheel drive vehicles are designed for driving in normal road conditions, but it can also be beneficial when driving through slippery, muddy, icy, wet, and rough terrain. While they are more expensive to purchase, insure, and maintain, 4-wheel drive vehicles are also considered a better investment because they tend to hold their value more so than a 2-wheel drive SUV.
Finance or Lease
If you have the cash to purchase a sport-utility vehicle, you are part of the lucky few, since most people will need to finance their vehicle.
Fortunately, there are many options to consider when you are buying a SUV. Most people purchase through financing, which allows you to make monthly payments for a period of time. The monthly payments depend on the price of the vehicle and your credit score, which helps determine the amount of interest you need to pay. At the end of your term, you will own the vehicle.
If you qualify and are able to drive within a specific mileage range, you can lease your vehicle. The main benefit of a lease is a lower monthly payment. In addition, you can trade the SUV in at the end of your lease agreement for a new vehicle that you can either lease or finance to purchase. If you do want to purchase the vehicle at the end of the lease agreement, you have that option as well.