Leasing vs. buying is an age-old debate for many Trumansburg, Watkins Glen, and Cortland drivers. If you're searching for a car, you need to make a decision not just about which one you'll drive, but how you'll enjoy the driving experience.

Everyone is at a different point in life and each situation is unique, but the Maguire Chevrolet Trumansburg sales team is taking a closer look at one of the most important decisions you'll have to make when visiting us. There are benefits to both leasing and buying a car, so let's explore them.
When it comes down to it, deciding whether to buy or lease depends on your lifestyle and current financial situation. There are benefits to leasing, and benefits to buying, too.
When leasing a car, monthly payments will typically be lower, and there's no down payment to make, either. Leasing is also an attractive option because you can get a better vehicle for less money, with fewer upfront costs every month. If you've always wanted to drive a luxury vehicle, a lease can be a way to stretch your money a bit for a short period of time, so you're able to enjoy luxury.

On the topic of maintenance and repair, you may receive a factory warranty which covers the duration of the lease. A leased vehicle can also save money when compared to buying on maintenance and repairs, because a lease term may only last a few years. You don't have to think about the maintenance you'll need to have done after five, 10, or even 15 years of driving.

After the lease term comes to an end, typically after three years, it's possible to upgrade to the latest model with the newest features and amenities.

When it comes time to buy or lease, our finance team will guide you through the process. You'll find the finance application on our website, which can get you pre-approved for credit before you even visit us for the first time.

We'll come up with a payment plan designed around your financial needs. We'll work with the various banks and lenders from throughout the area to draw up loan or lease terms meant for you.
When you buy a car, it's yours for good. Make the changes you want to make, modify the audio system, add bumper stickers, or pick up some interior accessories. You don't need to think about pleasing the dealer upon a lease inspection.

There's also a certain freedom involved, as you can trade the car in whenever you see fit. That might be in three years or it could be in eight. Sell the car back to the dealership you bought it from, another dealership, or even privately. It could make a good first car for the kids, too.

Mileage is something else to think about. When buying a car, it's yours to drive how you want, and when you want. With a lease, there may be mileage limits of around 12,000 or 15,000 miles per year. You'll want to think about how much driving you do a year before buying or leasing a car.

While we can't make up your mind for you, we can always explain the advantages of buying or leasing a vehicle here at Maguire Chevrolet Trumansburg.

Have a car you've seen online that you can picture yourself behind the wheel of in Trumansburg, Watkins Glen, and Cortland? Get in touch with our sales team, and we'll put you on the path to buying or leasing that next car.

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