To Finance or To Lease? That is the Question!
| If you're relatively new to the car-shopping process, you've probably heard a lot of the terminology surrounding financing and leasing; you might be wondering what the difference is between the two. Financing is a payment arrangement that is a much more ideal for someone who wishes to own a Buick or GMC model outright. |
As most of us cannot afford to buy a car at its total sales price, financing allows you to
pay the vehicle off at a rate that's affordable using a payment plan spanning over a set period of months. There will be a set amount you put down now and monthly payments you make, which can be tailor made to fit your budget. Once the total cost of the vehicle is paid off, the Buick or GMC model is yours to do with as you like!
Leasing, on the other hand, works similarly to financing in that it involves a down payment and a series of monthly payments over time. However, when you sign a lease, you're effectively renting the vehicle for a set period of time that you and your sales representative can work out. The contract will have your monthly payments, how long you will lease the vehicle, and how many miles you can take it during the course of your contract. Since you're not paying off the total cost of the vehicle, your monthly and down payments will be considerably less and once your contract is up, you can bring the vehicle back to our dealership and pick out another, as long as the leased vehicle is in good condition (minus normal wear and tear). A lease agreement is a great way to enjoy some variety without being tied down to a long-term contract; and you can always drive around in the latest Buick or GMC model with the latest technology!
We're Here to Help Conroe and Beyond!
Our finance center works with a variety of banks and lending services around the area to find people affordable solutions to help them finance their next new or used car, so come see what they can do for you today! Be sure to check out our financing specials and fill out our credit application and get pre-approved for an auto loan or lease arrangement before you even stop by to test drive. We are Wiesner Buick GMC and we're proudly serving Conroe, Spring, The Woodlands, Montgomery, Huntsville TX and beyond! Come see us today!