When it's time for a new vehicle, one of the biggest decisions is whether to lease or finance. Both options have several advantages, and the right choice depends on your needs and preferences.
Leasing vs. Financing
Leasing is ideal for those who enjoy driving a new vehicle every few years and want to keep their monthly costs low. Leasing offers several benefits, including:
- Lower monthly payments compared to financing
- Easy trade-ins and upgrades every few years
- Warranty coverage for most repairs
- No long-term commitment
- Ability to drive a new vehicle more frequently
Financing allows you to own the vehicle once the loan is paid off. The benefits of financing include:
- No mileage restrictions, giving you the freedom to drive as much as you need
- Flexibility to sell or trade the vehicle at any time
- Ability to customize the car to your liking
- Building equity in the car as you pay off the loan
Visit John Thornton Buick GMC
Still unsure whether leasing or financing is right for you? Visit John Thornton Buick GMC to speak with our expert sales staff. We'll take the time to understand your needs, budget, and driving habits to recommend the right option.