Differences Between Leasing and Buying a New Nissan
At Nissan of North Olmsted, we understand that choosing between leasing and purchasing a vehicle is a big decision. Each option offers unique advantages, depending on your lifestyle, financial goals, and driving habits. Here, we break down the benefits of leasing versus buying to help you decide which path is best for you.
Benefits of Leasing a Nissan
Leasing is an excellent choice for drivers who love staying behind the wheel of the latest models with advanced features. Here’s why leasing might be the right fit for you:
- Lower Monthly Payments: Leasing typically offers lower monthly payments compared to financing, allowing you to drive a newer model for less. Your favorite Nissan models are in stock like the popular Nissan Rogue, the fuel efficient Sentra, or third-row SUV Pathfinder.
- Access to Newer Vehicles: Lease agreements are usually 2-3 years, meaning you can upgrade to the latest Nissan models with cutting-edge technology and safety features.You can view our entire new Nissan inventory online.
- Fewer Maintenance Worries: Nissan's standard bumper-to-bumper warranty is 3 years, 36,000 miles (whichever occurs first), so you don’t have to worry about major repair costs during your lease. In the event that you do need service for your vehicle, you can easily schedule service using our online service scheduling tool.
- Flexibility: At the end of your lease, you can return the vehicle, purchase it, or lease another model – no long-term commitment.
Benefits of Buying a Nissan
Buying a vehicle is ideal for those who want long-term ownership and the freedom to customize their ride. Here’s why purchasing might be the way to go:
- Full Ownership: When you finance or pay in full, the vehicle is yours to keep without mileage restrictions. You can even apply for financing using our secure online finance application
- No Ongoing Payments: Once the loan is paid off, you’ll enjoy payment-free driving.
- Freedom to Modify: Add accessories or customize your vehicle however you like without worrying about lease terms or restrictions.
- Resale Value: When you own your car, you can sell or trade it in at your convenience, potentially recouping some of your investment. If you're looking to trade in your current vehicle you can check the trade-in value using our online trade-in tool.

Is Leasing or Purchasing Right For You?
- Choose Leasing If: You drive fewer miles annually, want to stay up-to-date with the latest Nissan models, and prefer lower monthly payments. View our just-announced Nissan lease offers.
- Choose Buying If: You plan to drive your vehicle for many years, drive high mileage, or want the freedom to customize your car. Financing rates are as low as 0% APR. Check out all of our Nissan Finance offers.
Discover Your Options at Nissan of North Olmsted
Whether you’re interested in our Nissan lease offers or our Nissan Finance offers, our friendly team at Nissan of North Olmsted is here to guide you every step of the way. Explore our wide selection of new Nissan vehicles, flexible lease offers, and financing options tailored to your needs.
Nissan of North Olmsted: Your local award-winning Cleveland Ohio area Nissan dealership serving Lakewood, Berea, Westlake, Rocky River and all of Northeast Ohio!
- Main:440-734-6900
- Sales:440-734-6900
- Service:440-734-6900
- Parts:440-734-6900
- Mon - Thu9:00 AM - 8:00 PM
- Fri9:00 AM - 6:00 PM
- Sat9:00 AM - 5:00 PM
- Sun12:00 PM - 5:00 PM