What is the difference between a loan and a lease?

When you obtain a loan, your down payment and monthly payments go toward the total purchase price of the vehicle. When the term of the loan is complete and the loan is paid in full, you own the vehicle. With a lease, you make monthly payments for the term of that lease. Once the term of the lease is complete, the vehicle is returned to the lessor.

How do I choose between a loan or a lease?

The correct financing option largely depends on three factors:

  1. What you want to drive
  2. How much you plan to drive it
  3. How long you want to keep it

It might be preferable to lease rather than obtain a loan if:

  1. You want more vehicle for your monthly payment
  2. You drive a pre-determined number of miles per year
  3. You prefer to trade in your car every three years or less
  4. Owning a car outright is not important to you

If these considerations do not apply to you, it might be better for you to get a loan if:

  1. You want your monthly payment to apply to ownership
  2. You plan to enjoy your vehicle for a long time
  3. You want to customize your vehicle
  4. You want the maximum flexibility regarding the number of miles you drive.
  5. You want control of the length of time the vehicle is in your possession.

MSRP is the Manufacturer's Suggested Retail Price (MSRP) of the vehicle. MSRP may not represent actual sales price. Price does not include applicable tax, title, license, and service charges. Pricing and availability may vary based on a variety of factors, including options, dealer, specials, fees, and financing qualifications. Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

* The estimated selling price that appears after calculating dealer offers is for informational purposes, only. You may not qualify for the offers, incentives, discounts, or financing. Offers, incentives, discounts, or financing are subject to expiration and other restrictions. See dealer for qualifications and complete details.

* Images, prices, and options shown, including vehicle color, trim, options, pricing and other specifications are subject to availability, incentive offerings, current pricing and credit worthiness.

* In transit means that vehicles have been built, but have not yet arrived at your dealer. Images shown may not necessarily represent identical vehicles in transit to your dealership. See your dealer for actual price, payments and complete details.

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Rudig Jensen

1000 Progress Rd
Directions New Lisbon, WI 53950

  • Sales: (608) 562-3100


  • Monday 8:00am - 7:00pm
  • Tuesday 8:00am - 6:00pm
  • Wednesday 8:00am - 6:00pm
  • Thursday 8:00am - 7:00pm
  • Friday 8:00am - 6:00pm
  • Saturday 8:00am - 4:00pm
  • Sunday Closed