Deciding whether you want to lease or buy a new Buick is a choice that anyone looking at new vehicles has to consider. Buying a brand new Buick will certainly have its own perks, but leasing could be the best option if you are looking to enjoying that new car smell for years to come.
Depending on your cash flow and credit, purchasing or leasing could be viable options. If you have a steady income and want to enjoy a new vehicle every few years, leasing will be a much more affordable option. With leasing a new Buick, you will have a less expensive monthly payment. Car dealerships typically do not need a down payment when you decide to go with a lease option instead of purchasing, which saves money up front as well. The monthly price of the vehicle will remain the same for the entire lease agreement.
If you decide that purchasing a new Buick is the way you want to go, you will usually need a down payment and a more expensive monthly payment. Even though you will be paying more up front, you will own the vehicle without any other payments due after the loan.