lease or finance

Should You Lease or Finance?


Should I Lease or Buy?

When it comes to leasing or buying, you have the freedom to decide between the two. Each option has its benefits, and we know it can be difficult to choose. That's why, we here at Trent Cadillac Buick GMC put together some information to help you determine the best financing option for you and your lifestyle.

Does Financing Fit Your Lifestyle?

Drive as little or as much as you want, and handle the maintenance on your terms and timeline. When you buy a vehicle, the freedom is yours. We offer financing across the full credit spectrum for customers who are looking to buy a vehicle and enjoy complete ownership.

Benefits of Buying

Apply your personal touch
If you're the type who needs to put your own personal stamp on your vehicle with cosmetic alterations, then buying might be your best route. Make sure to check your contract before making any modifications.

Drive without limits
Mileage limits of varying levels exist on all leases. Some drivers don't worry about keeping track of how far they travel. For those drivers, buying might make more sense.

Worry less about wear and use
Depending on your lease agreement, you may need to make repairs if you have excess wear and use. If you're buying your vehicle, many repairs are optional.

Build equity
Building equity and eventually owning a vehicle outright are part of the financial plan for many drivers. Once you cross the finish line of your contract, you're able to cruise payment free or trade it in.


Is leasing right for you?

When you lease, you're not as constrained by the overall price of the vehicle because you only pay for the portion that you use. You can consider vehicles with more options, trade in your vehicle for the latest model more frequently and align the lease term to the vehicle warranty period for greater peace of mind.

Benefits of Leasing

Experience "new" more often
Many contracts to buy a vehicle can last from 4-7 years, but lease contracts typically run only 2-3 years. Get access to the newest in technology, styling and performance more often.

Pay for the best miles
By getting a monthly payment that is in tune with how much you drive, you're paying for mileage in the best part of the vehicle's life: when it's still new and usually under warranty. Remember to always mind your lease mileage limit.

Potentially save money
Because you're only paying to drive a leased vehicle for a fixed period of time, the payments are typically lower than with buying. Have your dealer walk you through the cost difference.

Worry less about depreciation
There is some truth to the old adage that a vehicle decreases in value as soon as it leaves the lot. If you lease and drive to the end of your agreement, you can enjoy driving without worrying about the decrease in value.

Make an Inquiry

  1. TRENT BUICK GMC

    1707 HWY 70 E
    NEW BERN, NC 28560

    • Sales: 252-497-8653
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Contact

TRENT BUICK GMC

1707 HWY 70 E
Directions NEW BERN, NC 28560

  • Contact: 252-497-8653

Hours

  • Monday 8:30 am - 7:00 pm
  • Tuesday 8:30 am - 7:00 pm
  • Wednesday 8:30 am - 7:00 pm
  • Thursday 8:30 am - 7:00 pm
  • Friday 8:30 am - 7:00 pm
  • Saturday 9:00 am - 6:00 pm
  • Sunday Closed