Choosing between leasing and buying is one of the most important decisions you'll make when getting a new vehicle. Both options offer unique benefits, and the right choice depends on your budget, lifestyle, and driving habits. Whether you need a fuel-efficient vehicle for commuting, a versatile SUV for the family, or a powerful truck for work, Ryan Auto Mall is here to help.
With expert financing teams at our locations in Buffalo and Monticello, MN, we’re proud to serve drivers across Minnesota. After exploring our guide, visit one of our dealerships to find the perfect new or used vehicle from trusted brands like Chevrolet, Cadillac, Chrysler, Dodge, Jeep, and RAM.
Why Buying May Be Right For You
When you buy a vehicle, you're investing in long-term ownership and building equity over time. Buying means no mileage restrictions, no lease-end fees, and complete freedom to customize your vehicle as you wish.
Drivers who plan to keep their vehicle for many years often choose to buy, especially when financing offers are competitive. Whether you're shopping for a Ram truck, a used Jeep SUV, or a new Cadillac, buying gives you full control of your vehicle from day one.
What Makes Leasing a Great Option?
Leasing is ideal for drivers who want lower monthly payments, less money down, and the ability to drive a new vehicle every few years. You can enjoy the latest safety and tech features without the long-term commitment of ownership.
Many lease customers at Ryan Auto Mall choose this option for its flexibility, especially on new models from Chevrolet, Chrysler, Jeep, or Cadillac. Our Buffalo and Monticello dealerships offer a wide range of lease specials to help you save even more.
Our Car Dealerships in Buffalo and Monticello, MN
From flexible lease offers to competitive financing on new and used vehicles, Ryan Auto Mall makes it easy to upgrade your ride. Compare buying vs. leasing in the chart below to see what works best for your needs — then visit one of our Minnesota dealerships to take the next step toward your next car, truck, or SUV.
Your Guide to Buying vs. Leasing a Vehicle
| Leasing Benefits | Buying Benefits | |
|---|---|---|
| Ownership | Pay for use of a new vehicle and upgrade models at the end of your lease term
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Make payments toward full ownership and eventually own the title
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| Mileage Limits | Mileage is capped based on lease agreement
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Drive as much as you want with no mileage limits
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| Down Payment | Typically lower down payment required | Usually requires a higher upfront cost
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| Monthly Payments | Lower monthly payments than traditional auto loans
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Higher monthly payments, but you’re building ownership
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| Maintenance | Must follow manufacturer service schedule
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Responsible for long-term repairs not covered by warranty
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| Customization | Modifications usually not allowed
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Customize freely to match your needs and style
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