Buying vs. Leasing at LaFontaine Buick GMC Lansing

When you find the new car that offers everything you want in a vehicle, you have two choices. You can buy it or you can lease it.

It’s important to take your time and carefully evaluate whether a car loan or a Buick lease is better for you. So at LaFontaine Buick GMC Lansing we always do our best to help drivers learn more each option so that they can decide on the best path forward.

When to Lease

Leasing a car is generally less expensive and offers some flexibility, but that doesn’t mean that it’s the best idea for everyone. When you lease a car, you put money down and make monthly payments for two or three years. When your lease is done, you have a few options.

You can turn in your car and lease a new Buick vehicle. This is one reason why leasing is a great idea for drivers who love getting the latest tech and upgrades. You can drive off in a brand new model every few years with minimal hassle. You can also choose to extend your lease or buy the car that you’ve been leasing.

Lease agreements have some stipulations to be aware of though. There are often mileage limits, which means that driving too much can cost you extra. You also can’t customize your car with a new paint job or accessories, because it is not technically yours.

When to Buy

Buying a car can cost more, but it’s the best option if you plan to keep a vehicle for a long time. That’s because, once your loan is paid off, costs of ownership drop significantly and you only have to worry about costs like insurance and upkeep.

Opting for Buick financing is also a wise idea if you drive a lot. As we mentioned, leases limit how far you can drive each year. Think about your commute, your summer road trips, and other journeys you take in your car, and if you think that you’ll go over a lease’s limit buying is a smart move.

So now that you know more about financing and leasing, visit our Buick dealers in Lansing and check out our selection of new vehicles. We’ll make it easy to find the right model for you and your family!