Buy vs Lease near Harrisburg, PA

Buy vs Lease near Harrisburg, PA

Buying and leasing are options that you can take advantage of when shopping for a Buick or GMC vehicle. If you’d like to know about the benefits of each method, we welcome you to read through this Jack Giambalvo Buick GMC guide to learn more. When you’re done, you’ll have more confidence during the next step.

Buying

If you’ve envisioned driving a new or used Buick or GMC model in the Harrisburg area for a long period of time, you should try financing the car. Through this process, you’ll be able to purchase a vehicle without paying out a lump sum of money. In other words, you can split the total cost of a factory fresh vehicle and several installments. The duration of payments depends on the contract you acquire. For example, you can opt for a four-year agreement, which generates higher contributions per month. However, drivers who want to see less expensive payments should pursue a seven-year contract instead. At the end of this journey, you’ll ultimately own the car. From here, you’ll be able to continue cruising with the vehicle in question or simply trade it in for an opportunity to lower the price of another one you’re pursuing.

Leasing

In addition to buying a model from our dealership, you’ll also be able to lease one as well. While our Finance Center handles vehicle ownership, they can also provide a consultation for leasing. This contract involves a temporary possession of a new Buick or GMC car. Typically, a lease will last around two to four years. The duration of your agreement comes with mileage limits, which you must accept before the keys are given to you. Other benefits include powertrain and bumper-to-bumper warranties, which provide little to no cost for maintenance services. Therefore, it’s encouraged to take advantage of these tasks to keep the arrangement valid. As the lease concludes, you’ll have an option to retain the car and commute with it everyday on North 7th Street. By doing so, you’ve effectively switched your contract to a finance plan. If you like the idea of leasing, let us know that you wish to swap out for another new vehicle.

Which Is Better?

Do you like the idea of coasting along Arsenal Boulevard in a fresh car every few years? Leasing allows you to travel in a new vehicle, and it costs less per month than financing. However, there are mileage limits, so you won’t be able to exceed a certain distance without a penalty. Buying a model has no restrictions on how much you can travel. While the monthly payments are more expensive, your installments will eventually lead to full ownership. Purchasing and leasing are equally effective, but it depends on your situation. If you’re looking to gain an asset, we recommend buying a car. For something more short term, go with a lease. Our team is ready to assist you, so visit us during open hours for help!

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