Better to Buy or Lease
Is it Better to Buy or Lease a Car near Owensboro?
When you have decided to buy a car, there are so many different things to think about. You have to think about the type, make, and model. You'll also have to take the paint color and extra features under consideration. And once you've finally found your perfect vehicle, there's still one more decision to make: buy or lease? If you're having trouble figuring this out, then our Buick dealership is here to help.
Come check out our Buick GMC dealer serving Madisonville to get more information about both buying and leasing.
Benefits of Buying a Car
In short, it's yours. But in addition to having complete ownership, there are other perks. First, you can modify your Chevy Silverado, or whatever your choice of vehicle, however you like. When you lease a vehicle, you are unable to make major changes because it's not your property. But, when you own a car, if you want to put in a new stereo or paint it lime green, then you can. You can also put as many miles on it as you like. With a leased vehicle, there are mileage restrictions you need to adhere to and you'll be charged a fee if you exceed them. But when you buy a car, you can feel free to drive it wherever your heart desires!
Benefits of Leasing a Car
There may be just as many reasons to lease a car as there is to buy. First of all, you can try out different vehicles. Once your lease is up, you get the option to hang on to your car or try out something else. Let's say you're interested in an SUV. You could start by leasing a GMC Terrain. When your lease expires, you could then turn that in and pick up a Buick Enclave. And if the Buick Enclave suits your lifestyle, then once the lease is up you'll have the option to buy it. Leasing is also typically more cost-effective than buying for two reasons. The first, you don't have to supply a big down payment. And the second, your monthly payments are usually lower.