Should I Buy or Lease my Next Car?

When it’s time to upgrade your vehicle in Indiana, you might wonder, “Should I buy or lease my next car?” And while there’s no right or wrong answer, one financial solution might fit your needs and budget better than the other. In this guide to leasing vs. buying a car, we’ll highlight the key benefits of each option to help you make the best decision possible. Read on for our car buying tips.

Benefits of Buying

• Total Ownership: Feel free to modify your car, customize it, upgrade it, and do whatever you want – it’s yours completely!
• No Mileage Restrictions: While leases may have mileage restrictions, financed cars do not. That means you can take as many road trips outside of New Aleandria as you’d like. Looking for a vehicle with great gas mileage? Check out the Buick Encore MPG here.
• Ability to Sell: You’re not locked into a lease contract, so you can sell your car whenever it’s time for an upgrade – and you can name your own price!
• Financing Options: Car financing is more straightforward than leasing, and you can even refinance down the line to get a better monthly payment.
• Cheaper Over Time: The upfront costs may seem more expensive, but the longer you have the car, the cheaper it is!

Benefits of Leasing

• Lower Payments: Both monthly payments and down payments tend to be less expensive on a lease, which is great for Latrobe drivers on a budget.
• Cheaper Fees: Lower monthly payments also lead to lower sales tax, which means you’ll save even more.
• Trade-Ins: No need to find a buyer for your car after your contract is over. Simply hand your keys over to your dealership and start shopping for your next lease!
• Warranty: Your warranty usually lasts as long as your lease contract, which means that repairs and maintenance are a breeze.
• Options: If you want to experience the latest technology and features, leasing is a great choice. You can easily upgrade every few years and enjoy the best that our inventory has to offer!

Find Your Financing Solution at Tri-Star Chevrolet Buick of Blairsville

If you’re still asking, “should I buy or lease?” our financial team is here to help in Blairsville! Contact us with any questions and we’ll walk you through your options. Ready to start shopping? Our Online Shopper service allows you to find your car, set your lease information, and even schedule a delivery right to your home.