Leasing Your Buick or GMC
Pros of Leasing:
Leasing is an excellent option for those who want to drive newer vehicles with fantastic features! The payments will be lower when you lease a Buick compared to purchasing the car. You typically drive this car for a few years and get the option at the end to buy it or trade it in for a new one! Some people like this option because they will get to drive modern vehicles at a lower cost. Likewise, you will less likely have to deal with your vehicle breaking down or needing repairs. If it does, it will typically be covered by the warranty. Furthermore, you can trade in your Buick and walk away without having to worry about selling the car.
Cons with Leasing: When you lease a car, you'll have to abide by annual mileage limits. If you go over mileage requested by the dealer, you'll have to pay for exceeding the mileage. You'll also be responsible for any wear and tear that occurs to the car. To prevent these damages, make sure you take good care of your GMC or this could be an additional charge once it comes time to turn your vehicle in. In addition, you cannot perform any modifications or customize anything on the vehicle. The vehicle needs to be in the same condition as you purchased it. While leasing offers a great opportunity to lease a new vehicle in a few years, you will not be able to use a vehicle towards a down payment.