Buying VS Leasing | Cable Dahmer Buick GMC of Kansas City

    Buying vs. Leasing
Buying and Leasing offer distinct benefits when deciding on a new vehicle and both can vary depending on a buyer’s personal preferences. We often make the assumption that buying a vehicle is the better choice of the two when in fact leasing offers a number of unique advantages. We at Cable Dahmer Buick GMC of Kansas City want to answer your questions and help you decide on the option that fits you.

      Questions To Consider
      Buying
      Leasing
    
      Which option requires more money Up-Front?
      You can anticipate HIGHER Up-Front costs. This includes a large down payment, plus taxes, registration, and added fees.
      You can anticipate LOWER Up-Front Costs. This includes the first-month's payment, a security deposit, a down payment, taxes, registration, and added fees.
    
      What would my monthly payments look like?
      Monthly payments are generally much HIGHER because the cost includes the ENTIRE purchase price plus the added interest, financing charges, taxes, and other fees.
      Monthly payments are generally much LOWER because it ONLY includes the value for the period of time the vehicle is leased, plus any interest, financing charges, taxes, and other fees. 
    
      What if I want to Trade-in or upgrade Early?
      As a buyer, it's your vehicle to sell or trade-in as you see fit. No worry on your end
      We don't recommend returning your vehicle early. Early Termination fees can often equal the cost of maintaining your original lease agreement.
    
      Do I need to return the vehicle?
      NO, it is your vehicle to sell or trade-in as you see fit.
      YES, you will return the vehicle and pay any closing costs. At this time, you may purchase the vehicle or lease an entirely new one.
    
      Does my car hold future value?
      Though you do own the vehicle, its value only goes down over time.
      As a lessee, you'll always be driving the latest model. No need to worry about its future value
    
      Does my mileage matter? 
      You're free to drive as many miles as you like.
      There is set mileage limit per year. You will be charged for exceeding said limit.
    
      What is Excessive Wear and Tear?
      Not a big concern, but it may affect your vehicle's resale value.
      You may be charged additional fees if your vehicle is beyond normal wear and tear. Its best to find out from the dealership what they consider typical wear and tear.
    
      Can I customize my car? 
      It is yours to customize.
      No, the lessor wants the vehicle in a sellable condition upon return.
    
      Summary:
      Buying a vehicle allows you to add your personal touch while giving you the flexibility to drive all the miles you want without concern.
      Leasing a vehicle gives you the advantage of driving the latest models at a fraction of the cost. When your lease is up, you can easily upgrade to the newest vehicle.
  
After comparing the differences between leasing and buying, you can make a decision that caters to your personal preferences. We at Cable Dahmer Buick GMC of Kansas City are here to help you make an informed decision when deciding between the two options and are looking to find the offer that fits your personal wants and needs.

Buying vs. Leasing

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Questions To Consider	Buying	Leasing
Which option requires more money Up-Front?	You can anticipate HIGHER Up-Front costs. This includes a large down payment, plus taxes, registration, and added fees.	You can anticipate LOWER Up-Front Costs. This includes the first-month's payment, a security deposit, a down payment, taxes, registration, and added fees.
What would my monthly payments look like?	Monthly payments are generally much HIGHER because the cost includes the ENTIRE purchase price plus the added interest, financing charges, taxes, and other fees.	Monthly payments are generally much LOWER because it ONLY includes the value for the period of time the vehicle is leased, plus any interest, financing charges, taxes, and other fees.
What if I want to Trade-in or upgrade Early?	As a buyer, it's your vehicle to sell or trade-in as you see fit. No worry on your end	We don't recommend returning your vehicle early. Early Termination fees can often equal the cost of maintaining your original lease agreement.
Do I need to return the vehicle?	NO, it is your vehicle to sell or trade-in as you see fit.	YES, you will return the vehicle and pay any closing costs. At this time, you may purchase the vehicle or lease an entirely new one.
Does my car hold future value?	Though you do own the vehicle, its value only goes down over time.	As a lessee, you'll always be driving the latest model. No need to worry about its future value
Does my mileage matter?	You're free to drive as many miles as you like.	There is set mileage limit per year. You will be charged for exceeding said limit.
What is Excessive Wear and Tear?	Not a big concern, but it may affect your vehicle's resale value.	You may be charged additional fees if your vehicle is beyond normal wear and tear. Its best to find out from the dealership what they consider typical wear and tear.
Can I customize my car?	It is yours to customize.	No, the lessor wants the vehicle in a sellable condition upon return.
Summary:	Buying a vehicle allows you to add your personal touch while giving you the flexibility to drive all the miles you want without concern.	Leasing a vehicle gives you the advantage of driving the latest models at a fraction of the cost. When your lease is up, you can easily upgrade to the newest vehicle.