Buying Versus Leasing

Pros and Cons of Financing and Leasing

Financing

Buying your vehicle through financing will mean the vehicle is yours for as long as you want it, and you can drive it as far as you want. You'll be able to sell the vehicle when you are done with it, which might help you towards the next vehicle that you are interested in. Simply put, buying gives you more freedom with your vehicle.

This freedom comes with a higher down payment, higher overall cost, and makes you responsible for servicing once the warranty runs out. A higher price tag upfront can make buying difficult for many drivers, but our team is here to help you find a plan that suits your needs.

Leasing

The monthly payments are lower for leasing a new Buick near Nashville than the monthly payments for financing. The down payment for a lease is usually very low or nonexistent, making it easier if you don't have much money saved. You'll also be able to upgrade to a new vehicle once your lease expires.

Leasing comes with a contract that limits how far you can drive, determines how long you have the vehicle, and ensures you take care of parts that face normal wear-and-tear. If you don't follow your lease terms, you might end up having a large fine at the end of it. While some dealerships make their lease terms confusing, our team will help you through every step of the process so that you can feel confident if this is the path you choose.

Financing vs Leasing FAQ

• Do I Own the Car I Lease? No, leasing means you are paying to drive the car during your lease term.
• Should I Finance or Lease? Each driver is different, meaning there is no clear answer to this. Our team will work with you and your needs to decide which option will be best for your lifestyle.
• Why Does Leasing Have a Lower Monthly Cost? You are only paying for the value of the vehicle while you are driving it during your lease, but buying is paying for the entire value since you will own it once payments end.
• What Do I Do at the End of My Lease? You have two options at the end of your lease: buy the vehicle or return it to our dealership. Unlike financing a vehicle, you cannot sell it whenever you want because you do not own it.

Learn More About Financing and Leasing Near Nashville by Contacting Our Team

We want to keep you smiling whenever you get behind the wheel, which means helping you find a lease or financing plan that suits your needs. Our experts will take the time to hear what you are looking for and make recommendations that they think might be best for you. We look forward to hearing from you so that we can help you find a new Buick near Nashville that you will love!