Leasing vs Buying

lease vs buy a car

Whether you plan to secure a Buick lease or auto loan to get a new Buick model, the process starts with you applying through our Buick finance center. While that’s easy enough, choosing between leasing and purchasing a vehicle isn’t quite as simple. Both courses of action are viable options to land behind the wheel of a new Buick car, but choosing the one that’s best for you boils down to factors that are unique to you. 

Reasons to Consider a Buick Lease 

Leasing may be the best choice for you if you want to get a new Buick automobile with the latest features every few years. Leasing is similar to a long-term rental contract, so you won’t have to commit to driving the same vehicle for the next decade if you decide to lease. 

Drivers who have a small down payment and individuals who want to keep their monthly payments as low as possible may want to consider a Buick lease. In general, lessees don’t have to put as much down upfront as car buyers do. Most lessees enjoy lower monthly payments as well. With leasing being less expensive than purchasing, you may be able to step up to a higher model or trim at our Fairless Hills, PA Buick dealership without going over your budget. 

Additionally, leased vehicles are normally covered by a factory-backed warranty throughout their terms. That means you won’t have to pay for covered repairs out-of-pocket. 

When Buying Might Be the Right Move 

Every lease has certain requirements and limitations. For example, leases require lessees to maintain their vehicles in good condition. A typical contract also limits the number of miles you can drive every year. If you drive more than average annually, you may prefer to purchase a vehicle from Peruzzi Buick GMC to avoid paying fines at the end of your lease. 

Buying an automobile gives you the freedom to customize your vehicle any way you want, something that’s not permissible for lessees. It also enables you to add a valuable capital asset to your personal financial statement because you’ll own your car outright once you pay off your loan. 

Buick Leases at Peruzzi Buick GMC 

Are you still on the fence about buying vs leasing? Visit our Buick finance department today to get the help you need to decide which option is right for you.