One of the most popular questions we get pertains to financing a vehicle. After all, it’s also one of the more stressful aspects of buying a car. Not only is there a lot of number crunching, but it’s where you have to discuss finances and budgeting. Not to worry, though! Our team is here to help.
What if you are trying to decide whether to lease or purchase a vehicle? Which option is better? There are a few different benefits that both options have. However, one may be more applicable to your needs than the other.
When you buy a car, you are most likely going to take out an automotive loan. In order to do this, you will speak with a team member about some information. They’ll ask how much you make, what your credit looks like, and what you want for a monthly payment. Once they have this information, they’ll work to get you the best purchasing plan possible.
When you lease a car, you don’t have to take out an automotive loan. Leasing is also a bit more affordable on a monthly basis. However, leasing comes with mileage parameters that you need to adhere to. You also need to keep the car in good condition.
Regardless of which option you choose, our team will be here to help! We can also answer any of your questions. Stop by Genesis of Round Rock in Round Rock, TX. Our team would be proud to help answer any questions you may have.
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Finance
