Leasing Vs. Financing
Leasing Vs Financing
What’s The Difference Between Leasing and Financing?
Deciding how to finance your new vehicle is always difficult, and a lack of understanding of your options doesn’t make the decision any easier. The key difference between financing and leasing your vehicle is that when you finance, the dealership transfers ownership of the vehicle to you after you complete your monthly payments. With leasing, however, the dealership always retains its ownership of the vehicle.
To determine which option is best for you and your needs, we’ll explore the benefits of each option thoroughly.
Pros of Financing Your Next Vehicle
The advantages of buying your next vehicle include:
- Once you complete your monthly payments, the vehicle is yours to keep with no additional required payments and you have the freedom to do what you want with your vehicle.
- Buying the vehicle also frees you from mileage restrictions that often limit leased vehicles, allowing you to travel as far and as often as you’d like.
- Owning your vehicle outright also allows you to customize your car, so it reflects you and your personality, an option that isn’t available to you through leasing.
- If your taste in vehicles changes over time, you have the option to either sell or trade in your vehicle, allowing you to pursue purchasing your next vehicle freely rather than waiting for the end date of your lease, which could be years away.
Pros of Leasing Your Next Vehicle
- Choosing to lease your vehicle often comes with the benefit of lower monthly payments and no down payment required.
- Through the terms of your lease, scheduled maintenance and repair costs for the vehicle you’re driving will generally be covered by the dealership.
- Leasing affords you the opportunity to drive a variety of vehicles, even those that would normally be out of your price range, exploring the full range of features and amenities available in higher-priced models.
- Sick of the hassle of selling or trading in your vehicles? When you lease your vehicle, once your term is up, all you have to do is hand over the keys and make your next selection.
Buy or Lease A New GMC in Las Cruces, NM
Once you decide which option suits your needs best, schedule a test drive of any model you have your eye on at our GMC dealership in Las Cruces or explore our new vehicle specials. For questions regarding financing or the vehicles available in our new vehicle inventory, we invite you to contact us at Sisbarro GMC.
With both strength and eco-friendly efficiency, the 2024 GMC HUMMER EV is a groundbreaking vehicle that merges the rugged power of a traditional HUMMER with the futuristic technology of electric vehicles.
Exterior Features
The HUMMER EV is available as a truck and an SUV, both vehicles offering plentiful power and maximized cabin and cargo space. Both models have deep-tinted glass and amber LED roof-mounted front lights. This year’s HUMMER EV boasts the Infinity Roof as a standard feature on all trims, whether you choose the truck or SUV. This roof is made up of four removable Sky Panels that can be placed inside the included storage bags, offering an exhilarating open-top driving experience.
All truck and SUV HUMMER EVs are equipped with IntelliBeam headlights, which automatically dim the high beams when other drivers are visible. All models have heated, power-folding, power-adjustable side-view mirrors, and the SUVs feature an auto-dimming function on the driver’s side along with integrated turn indicators and puddle lights. Because EVs are so quiet, GMC implemented the Pedestrian Safety Signal in all 2024 HUMMER EVs, and this safety program automatically sounds an outside alarm to alert nearby pedestrians.
5 Signs Your Vehicles Needs a Wheel Alignment
The wheels of a car tend to become gradually misaligned over time, which can lead to a variety of problems. For this reason, wheel alignment is an important routine car service to have carried out at our GMC dealership. The following are some common signs that your car’s wheels have become misaligned and you need prompt GMC service to realign them.
What are the Signs of Needing a Wheel Alignment?
There are a few signs to be on the lookout for that will indicate you need a wheel alignment such as:
- Unaligned Steering
- Car is pulling to one side
- Uneven tire wear
- Vibration in the steering wheel
Your Steering Isn’t Perfectly Straight
With misaligned wheels, you may find that the steering wheel doesn’t return to a perfectly centered position after turning. While on the open road, you might also find that you need to pull the steering wheel a fraction to one side to keep your car straight.
Read the rest of this entry »5 Things Drivers Love About the 2024 GMC Yukon
Now here at your local GMC dealer in Las Cruces, the 2024 GMC Yukon SUV has quickly become a hit with our locals by offering powerful performance, available four-wheel drive, and first-class luxury comforts.
1. A Muscular 420-HP 6.2-liter V8
This edition’s three different engine options, a 5.3-liter V8, a 3.0-liter turbo-diesel I6, and a 6.2-liter V8, are all powerful, but it’s the larger V8 that steals the show, as it offers the strongest output. Not only does this engine churn out 420 horsepower and 460 pound-feet of torque, but it’s also capable of towing up to 8,200 pounds in select trims when fully equipping the vehicle with the Max Trailering Package.
Read the rest of this entry »Trim Levels of the 2024 GMC Sierra 1500
Configurable in all the ways that matter and with one of the highest tow ratings in its class, the 2024 GMC Sierra 1500 builds up on the 2023 Sierra 1500 with new performance and style features. Eight trim levels available in various configurations and drivetrains make it easy to customize the perfect truck for every need.
2024 Sierra 1500 Pro
GMC offers its base Pro trim in all cab styles and with two-wheel or four-wheel drive type. All options come standard with a TurboMax engine that delivers 310 horsepower and 430 lb-ft of torque for a max towing capacity of 9,500 lbs in the Regular Cab 2WD configuration.
Read the rest of this entry »The Importance of Getting Regular Oil Changes
Your local GMC dealer will, no doubt, remind you that getting a regular oil change is crucial for the smooth running of your vehicle. Unfortunately, all-too-often, drivers try to save money by overlooking this key maintenance element, yet that can be false economy when you bear in mind the damage and expense that neglecting your engine oil can cause.
Why Is a Regular Oil Change So Important?
Getting a change of oil regularly has a vital part to play in keeping your GMC in good working order. More than that, it’s an essential part of routine vehicle maintenance that will help to save you money and protect the environment in the long run. So, let’s take a closer look at why it’s so important to have your oil checked and changed on schedule.
Read the rest of this entry »
Regular maintenance will keep your vehicle working as efficiently as the day you drove it out of the showroom. As your GMC dealer in Las Cruces, NM, we want to tell you about some of the vehicle maintenance we can provide to keep your car like new for many years to come.
Brake Repairs
Worn brakes are one of the main causes of accidents as they reduce your ability to quickly and efficiently bring your car to a stop whenever you need to. The braking system operates under high pressure, and this constant level of pressure can cause wear and tear. A worn brake hose could leak, for example. In addition, certain components, like the brake pads, need to be replaced regularly as they wear out.
Strange noises, foul chemical smells, and a lack of resistance when you step on the brake pedal are all signs that something is wrong. Brake problems will worsen if they aren’t repaired, and this can lead to additional damage or even cause an accident. Our technicians are experts at brake repair and can quickly identify the problem and repair it. You’ll drive away knowing your brakes are working perfectly again.
The All-New 2024 GMC Sierra 2500
The GMC Sierra 2500 is a great example of what a modern heavy-duty truck is capable of. This powerful performer has an amazing list of available trailering technologies, allowing drivers to get the most from their towing experience. The 2500 also comes with an excellent infotainment system and comfortable seating options. Check out our GMC guide below for a more in-depth look at this impressive truck’s capabilities.
Read the rest of this entry »
Getting car financing at our GMC dealership in Las Cruces, NM has many advantages over going to a bank, credit union, or another lender. For instance, it’s better for people with poor credit. It’s also a hugely convenient way to offload your old car, finance your new one, and pick a new ride that you love all in one trip.
1. It’s a Great Option Financially
It’s easier to get a loan at a dealership than it is at a bank or credit union when your credit isn’t in the best shape. This makes dealership financing a great option for people with low credit scores, as dealers present you with an option to get financing for your car when it’s difficult to get financing elsewhere.
There are financial incentives for people with excellent credit scores, so dealership financing caters to both ends of the credit score spectrum. If you have excellent credit, then you may be able to qualify for a 0% APR loan if the dealership is running a promotional offer at the time. Even if you can’t secure a 0% APR loan, you may qualify for one with a very low interest rate.
Does Your GMC Need a Brake Repair?
Healthy brakes are essential, as they give you full control over your car’s speed. In time, parts can become worn or damaged and you’ll need to visit your GMC dealer for a brake repair. These are a few signs you have brake trouble.
Soft Brake Pedal
Brake fluid is kept under high pressure, as the pressure generates the force necessary to stop your car when it’s moving at speed. The fluid forces the pins out of the calipers, which causes the calipers to close on the wheel rotors. The pads inside the calipers generate friction against the rotors, and this brings your wheels to a stop.
You should feel the pressure in the system when you press down on the pedal. The fluid generates resistance which becomes more pronounced as you apply more pressure. If you don’t feel resistance from the pedal, this means there’s a problem in the braking system. The problem could be caused by a fluid leak or a bubble in the braking system that’s blocking the fluid’s movement. We’ll examine your brakes and fix the problem.
Connect with us
