When you find the new car that you love for your Quincy commute, you probably have one thing on your mind: “Should I buy or lease?” There are plenty of benefits to both options, and the best option for you will ultimately depend on what you want to get out of your vehicle and your particular driving needs. Compare the pros and cons of leasing vs. buying with the finance center at Shottenkirk Chevrolet to see which option is right for you.
Price is always a factor when shopping for a new vehicle in the Hannibal area. When considering leasing or buying, here are some factors to keep in mind relating to cost:
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If you plan on keeping your vehicle for about 3-5 years and want the latest features, then leasing may be the more affordable option. Before upgrading to a new car, consider if you should trade or sell your current vehicle with Shottenkirk Chevrolet.
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If you don’t plan on driving too far from Keokuk for a while, then leasing might be preferable. However, if you plan to put some miles on your vehicle and want to customize later on, then buying would probably be the better move for you.
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If you see yourself customizing your vehicle throughout the duration of your time with it, then buying a vehicle might be a more comfortable choice for you.
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So, which is better: leasing or buying? For Quincy drivers who want the freedom to customize and modify their vehicle later on, then buying is a more suitable option. However, leasing is a pretty simple and overall more affordable process than buying. Visit Shottenkirk Chevrolet for more car-buying tips to help you make the best financial decision.
Still wondering, “Should I buy or lease?” Let’s take a step back and see why it’s so important to know what is an MSRP, and how it can affect your monthly payments.Contact us to speak with a member of our finance team and see which option is right for you.
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