Why Should You Lease a New Car?
If you like to drive newer, safer, more reliable cars, but prefer not to pay a sizable down payment every few years, and also do not drive an excessive amount every year, then a new car lease should be the right choice for you. Leasing is ideal for those who would prefer to bypass the annoyance of buying and selling every time they want to get into a new car, truck, or SUV.
Why Should You Buy a New Car?
Conversely, if you want long term automotive relationships with a higher sense of ownership and commitment, then buying might be what's ideal for you. Car-buying is typically best for shoppers who won't mind driving the same vehicle for over five years or even until the vehicle is no longer fit for the street.
Lease vs Buy: Which Is Right for You?
Being aware of the pros, cons, and overall benefits of buying vs leasing a vehicle is imperative. Be sure to examine factors like potential savings, vehicle ownership, monthly payments, and repair costs when weighing the pros and cons of the best new car, truck or SUV financing type for you.
Buying: Ownership vs Leasing
When considering vehicle financing, new car or truck ownership surely comes with many well-known advantages, most associated with outright ownership of the car or truck. You may not realize, but, there are also a few nice advantages to leasing, as well. It's essential to consider all financial aspects including depreciation, down payment, monthly payments, term length, buyout payments, interest rate, and maintenance & repair costs, before making a decision. A meticulous examination of your current financial situation, future needs, and your preference for commitment, will likely ensure that you make the optimal choice between leasing and buying a new car or truck.
Monthly Payments
Vehicle lease payments are oftentimes less expensive in comparison to car financing and loan payments as the standard lease layout is more-or-less renting with the option to purchase at the final payment of your lease term. Keep in mind when leasing that you will need a decent credit score, and will be required to carry comprehensive and collision insurance, though the same can be said for the best rate auto loans. Although it can likely increase monthly payments, it's also wise to get a model with the features you want or need, as personal satisfaction is often priceless.
Maintenance & Repair
Auto leasing often includes regular vehicle maintenance & repair. It is important to remember this when projecting monthly costs of ownership vs leasing. No matter what make and model you select, mechanic bills are an unpredictable cost that can rapidly add up. And for those who aren't certified auto mechanics with a hydraulic jack and full toolset in the garage, leasing could be the best option for peace of mind.
Maintenance & Repair
In general, a new car or truck lease saves money in the short term with lower monthly payments, while buying earns you a long term investment, meaning full ownership of the value of the car or truck at the time it is traded, sold, or paid-off. For best value on a lease, avoid lease return fees for going over mileage, terminating the vehicle lease early, or putting on excessive wear and tear. For maximum investment on a purchased/financed vehicle, you can pay it off in a shorter term and also avoid excessive wear and mileage.
Lease | Buy | |
New Vehicles | Available | Available |
Pre-Owned Vehicles | Not Available | Available |
Vehicle Customization | Not Available | Available |
Poor Credit Financing | Not Available | Available |
APR % | Credit-Based | Credit-Based |
Ownership | No Ownership | Pride of Ownership |
Down Payment | Smaller Down Payment | Larger Down Payment |
Monthly Payment | Smaller Monthly Payments | Larger Monthly Payments |
Savings/Investment | Short Term Savings | Long Term Investment |
Finance Term | Approx. 2-4 Years | Approx. 3-6 Years |
Maintenance & Repair Costs | Typically Included | Not Included |
Buick GMC Lease and Finance Offers In Houston TX
Sterling McCall Buick GMC knows that choosing the right Buick GMC car and financing option is never easy. Our team of experienced Buick GMC lease and finance specialists are on hand to help you make the right choice. Visit us online, by phone, or in-person at our dealership location in Houston, TX. We look forward to serving you.
I purchased in my vehicle from the...
I purchased in my vehicle from the dealership a little bit over a year ago. Within three weeks I had to bring it back to you guys because apparently i...



Friendly staff, quick and inexpensive
Friendly staff, quick and inexpensive


Spent $400 and cat is not repaired....
Spent $400 and cat is not repaired. Engine light on dashboard



I was very satisfied with the service I...
I was very satisfied with the service I received.

Kevin did a fantastic job. He explained...
Kevin did a fantastic job. He explained thoroughly the work.
