Buy vs Lease near Manitou Beach, SKOct 16th, 2019
Half of the battle of the automotive purchasing process is determining which vehicle you want to bring home. After that is complete, the final hurdle you have to leap over is deciding whether you would like to buy or lease your prospective driving option. Chances are that you have taken one of these paths before, which is why we at Watrous Mainline are here to lay both avenues and their benefits right in front of you. This way, you can make a decision that positively impacts your driving experience!
How Do I Lease a Vehicle?
With the leaps and bounds that are being made in the automotive industry each year, leasing is sounding more and more like the perfect option for drivers. The reason is that it allows you to borrow a model from us for an average of two to four years. In that period of time you won’t be on the hook for the vehicle’s full value. Instead, we only ask that you pay for its depreciation while it is in your possession. This means your down payment and monthly rate will be a fraction of the price of financing! This path is also perfect for drivers that want a trial period because if you fall in love, you can purchase the vehicle for its remaining value. Or, you can always upgrade when your term ends or hand in the keys and explore other options.
On the other side of possibilities for automotive acquisition is the ability to buy the ride you want for its full sticker price. This is perfect for drivers that want to see a return on their investment because they will completely own their vehicle once their term is complete. Then, you can hand it down to your teen when they start driving or simply use it as a trade in when you are ready to upgrade. Since contracts generally last four to seven years, you will be able to secure full ownership in no time at all. If this sounds like the right option for you, go ahead and get the ball rolling today by crunching some numbers in our online Payment Calculator. This way, you will know your buying power and potential monthly rate. After that, all that’s left to do is fill out our online Finance Application!
Buying and leasing are both very different in their own regard. One thing that they do share in common is your ability to dive straight into our new driving options here at Watrous Mainline. We carry all of the newest Chevrolet, GMC, and Buick models to grace the market and you can check them all out by double-clicking the New Vehicles dropdown found at the top of your screen. After that, scroll around at your leisure to find a couple that you want to test out! If you are looking for a driving option for the entire family, then you should definitely check out the GMC Terrain or Buick Enclave. Or, if fuel efficiency is a must, try out the Chevrolet Cruze!
Have you decided whether you would like to buy vs lease near Manitou Beach, SK? If so, you can get started today when you visit our Finance Department at Watrous Mainline!