Buying vs. Leasing
Buying vs. Leasing A Car: Which is Best For You?
Shopping with Cavender Chevy Buick GMC in Weimar, Texas makes the vehicle hunt seamless, especially with the endless number of vehicles to choose from. For buyers, the more challenging decision is usually deciding between buying or leasing their fresh set of wheels. While you will be in great hands with either option, depending on your long-term plan for the vehicle, your overall budget, and current financial state, there will be one option that is better fit for you. Our team at Cavender Chevy Buick GMC in Weimar, Texas is here to assist you every step of the way, so let's compare and contrast buying versus leasing.
Buying vs. Leasing
Wondering the key difference in buying versus leasing? While there are many premium benefits to both, the main difference is buying offers ownership, while leasing is like a long-term rental. If your goal is to eventually pay off a vehicle and no longer have a car payment, buying may be the way to go. On the other hand, if you enjoy stunting the road with the latest models, leasing terms make that dream a reality. Also consider the following factors:
- If you are looking to build your credit, making on-time, monthly car payments when buying will do so.
- Interest rates are typically lower with leasing, rather than buying.
- If you want to customize the vehicle, you must buy it, as when you lease, you do not hold ownership, so you cannot make changes.
- There is no sales tax expense with leasing because you are not making a purchase.
- If you choose to lease, once your agreement is up, all you have to do is bring it back to the dealership, rather than go through the process of trying to sell it.
Buy or Lease at Cavender Chevy Buick GMC
No matter what you decide, you are in excellent hands with our professional staff and incredible vehicle inventory at Cavender Chevy Buick GMC in Weimar, Texas. Once you browse our selection online, pay us a visit in store so you can get behind the wheel for a test drive. If you have any questions about buying or leasing, please contact us. We look forward to assisting you!