Car Financing vs Auto Leasing in Louisville, KY

Lease a Car in Louisville, KY


Whether you’ve opted to drive off our Louisville, Kentucky lot in a Ford F-150, Toyota Camry, or Hyundai Elantra, choosing the right financial option for your lifestyle is critical. The auto finance experts at Oxmoor Auto Group are committed to your holistic dealership experience. Below we’ve curated a helpful guide to differentiate the various benefits between leasing and buying a vehicle, but we also offer plenty of other financing options like valuing your trade-in vehicle, bad credit financing, buy here pay here alternative financing, military financing, and more. Let’s explore options that work within your budget. Contact our car finance professionals at Oxmoor Auto Group, serving Elizabethtown, KY and Jeffersonville, IN today!


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Finance Department

Leasing vs Buying a Car from our Louisville, KY Car Dealership

Benefits Leasing Buying
Ownership x
Lower Down Payment x
Lower Monthly Payment x
No Mileage Limit x
Vehicle Customization x
Easier Trade-In x

Leasing or Financing; What’s Right for You?
Louisville, KY | Elizabethtown, KY | Jeffersonville, IN

Auto Leasing:

Why lease a vehicle? Typically, a lease will offer lower monthly payments alongside a lower down payment. So, if the cost is at the top of your list when considering a vehicle, this may be the route for you. If you choose to lease a vehicle from Oxmoor Auto Group, you have the fluid option of selecting another vehicle once your term is finished, or you could be on track toward ownership. An auto lease also allows you more flexibility in your lifestyle, as you can experience the latest and greatest updates without the hassle of trading in your vehicle. However, there are a few important things to note before selecting a lease. You’ll have to abide by a mileage limit, complete payments during the duration of the contract, and limit customizations, as you aren’t working towards ownership. If you break the lease agreement in any way, you might be subject to hefty fines.


Auto Financing:

Auto financing is when you take out a loan with an agreement to pay it off over a set period of time. Auto financing gives you the freedom to customize the color, tires, body, and parts of your Jeep Cherokee, Mazda CX-5, or Ram 1500 as you drive the streets of Louisville, KY. Since you’re working towards ownership, you can personalize your experience any way you see fit, whether you opt for performance parts or upgrade the interior. You’ll never have a set mileage limit, allowing you to drive anywhere you want without the worry of breaking a contract. Although monthly payment and down payment amounts are generally higher, this is ultimately a track that leads you to car ownership.


Auto Financing Solutions for All Types of Credit

Whether you’re taking a trip down to the Louisville Zoo, Freeman Lake Park, or the Muhammad Ali Center, Oxmoor Auto Group wants you to drive the roads of Louisville, KY confidently knowing that you’ve made the right financial decision for your needs and your budget. On top of our competitive auto lease and loan solutions, we also have special financing options available. Visit our auto finance department to explore financial options. Our dedicated finance team is ready for all of your questions. Stop by Oxmoor Auto Group today!

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Dealership Hours
Mon – Sat 9:00am – 8:00pm
Sunday 12:00pm – 6:00pm