Exploring your first plug-in hybrid or ready to trade up to a new electrified Jeep SUV or Chrysler minivan? Whether you have your eye on a Jeep Wrangler 4xe, Pacifica Hybrid, Dodge Hornet R/T or Wagoneer S, you might be wondering whether buying or leasing is better for you.
Both routes offer unique advantages depending on how you plan to drive, your budget and if you want to stay on the cutting edge of EV technologies. Read below for answers to the most common buy vs. lease questions we hear from Connecticut drivers at our Jeep dealership near Enfield!
Should I Buy vs. Lease a New Electric Vehicle?
Choosing between buying and leasing one of our new electrified vehicles in Ellington depends entirely on your lifestyle and driving needs. Below, we answer the top FAQs to help you decide which path fits your priorities.
01Is it better to buy or lease an EV?
There is no universal answer -- it depends on your plans. If you like the idea of always upgrading to the latest Jeep Grand Cherokee 4xe or Wagoneer S, leasing may be a great fit. If long-term value, customization and building equity matter more, buying could be the right move.
02Why is leasing an EV a good idea?
Leasing an electric vehicle or plug-in hybrid, like the Hornet R/T or Grand Cherokee 4xe, offers flexibility. You can enjoy the newest tech, battery advancements and safety features every few years. Lease terms usually mean lower monthly payments and less concern about long-term battery maintenance. Plus, leasing keeps your options open if you want to switch vehicles often.
03Is it worth it to buy an electric car?
Buying an EV or PHEV benefits those who plan to keep the vehicle for many years, want to customize or prefer unlimited mileage. Building equity in your vehicle is appealing if you plan to drive your Wrangler 4xe or Pacifica PHEV for the long haul. Ownership means you can modify your ride and enjoy it long after your payments are done.
04Can I finance my EV purchase?
Yes, our Chrysler, Dodge, Jeep and Ram finance experts can help you find the right loan terms for your needs. Whether you are considering a Pacifica Plug-In Hybrid or the latest Jeep PHEV model, our team will walk you through all available financing options.
05Can you still get the EV credit when leasing?
Yes, eligible lessees can still qualify for the federal Clean Vehicle Tax Credit on select EVs and PHEVs through September 30, 2025.1 This incentive can help reduce your upfront costs when you lease a new electrified model from Bolles Motors.
Buy vs. Lease a New Jeep PHEV Near Me
Still comparing your options? Contact Bolles Motors in Ellington to get personalized advice and explore electrified vehicles in our inventory. Whether you're interested in experiencing a new Jeep plug-in hybrid or an all-electric Wagoneer, we're here to help you find the perfect fit for every commute and weekend adventure.
Learn More:Why Buy from Us? | Electric Vehicle FAQ | PHEV Chargers
1 See dealer for complete details. Information accurate at time of publication.