Want a GMC truck or GMC SUV, but don't know whether you should finance or lease? Below are the pros and cons to financing and leasing, so that you can decide which option is best for you. When you pick which option is best for you, our Finance Manager can assist you further. more Is financing or leasing better? Whether you choose financing or leasing, there are pros and cons to each. Our guide below shows the differences between the two, so you can better understand what your options are. Pros Of Leasing A GMC One of the biggest benefits of leasing a GMC SUV or GMC truck in Highland, Indiana is that once your lease is over, you can upgrade to the current year model and have no depreciation concerns. Each lease agreement comes with a warranty that protects your new GMC and most maintenance costs. Another benefit of leasing a GMC, is that your lease payments are lower than a financing payment. If you fall in love with your GMC SUV or GMC truck, at the end of your lease you can purchase the vehicle! Upgrade To Newest Model No Depreciation Concerns Comes With Maintenance Warranty Lower Monthly Payments Can Purchase Vehicle At End Of Lease Cons Of Leasing A GMC Depending on your lease agreement, there can be fees for excessive wear & tear, excessive mileage, and for early lease termination. Despite there being potential fees, they can be avoided by simply taking proper care of your vehicle, limiting how far you drive, and not canceling you lease agreement early. Another con to consider is that you will always owe a monthly payment unless you decide to purchase and it has been paid off. Excessive Mileage Penalties Fees For Excessive Wear & Tear Fees For Early Lease Termination Monthly Payments Pros Of Financing a GMC The biggest benefit of financing a GMC is that once it is paid off, it is completely yours and you will no longer have a monthly payment. With financing a vehicle, you are free to modify and customize your vehicle as much as you want. Financing a GMC also allows you to sell the car at any time and there are no mileage fees. Ownership Of Car No Mileage Limits Can Sell Car Anytime Customize and Modify Cons Of Financing a GMC If you do choose to finance your next GMC truck or SUV, you should consider some of the cons. For starters, you will ave to factor-in depreciation and accept that the future resale value is unpredictable. As mentioned before, that lease payments are fairly low, which means that financing payments tend to be higher; that being said, once you pay off the vehicle, you will not have a payment anymore unlike a lease. Another factor to consider it that all brand-new GMC vehicle come with a warranty, but after the warranty runs out then you are responsible for maintenance expenses. Depreciation Unpredicted Resale Value Higher Monthly Payment Post Warranty Expenses Finance Or Lease Your Next GMC At Your Local GMC Dealership Lease a GMC or finance a GMC in Highland, Indiana at Circle Buick GMC, which is conveniently located at: 2440 45th Street, Highland, IN 46322 For Illinois, Circle Buick GMC is your GMC dealer near Chicago, Portage, Oak Lawn, New Lenox, Joliet, Aurora, Bedford Park, Cicero, Calumet City, Lansing, and surrounding areas. For Indiana, Circle Buick GMC is your GMC dealership near Hammond, Schererville, Crown Point, Merrillville, Cedar Lake, Valparaiso, Gary, Portage, St John, and surrounding areas.
2022 GMC Hummer EV | Coming Soon
The 2022 GMC Hummer EV has finally made its comeback and was announced last night during the 2020 Super Bowl with LeBron James. Rumors have been flying about what to expect. This is what we know about the 2022 Hummer EV so far and we will keep you updated as more information is released from GMC. more Hummer EV Release Date The anticipation of the the Hummer making a comeback has been anticipated ever since production stopped back in 2010. The reveal of what the 2022 Hummer EV will look like will be shown May 5th, 2020. The initial availability will be Fall 2021. What Does The Hummer EV Looks Like? Hummer vehicles were known for their rugged appearance that commanded attention. GMC has announced that the Hummer EV will be a truck. So far, just the grille and front running lights have been shown. GMC has not released any other images or videos of it thus far, but we will keep you updated! All-Electric Hummer EV By far the most shocking part about the Hummer EV truck is that it will be all-electric. In the past, Hummer did not have the best reputation for being environmentally friendly. However, the all-new Hummer EV is promised to have zero emissions and "in a class by itself" according to GMC. GMC made big promises about the Hummer EV's capabilities. According to GMC, it will have up to 11,500 lb-ft of torque and up to 1,000 horsepower. Not only will it be powerful, but it will be fast. The most shocking update will be that it can to go from 0-60 mph in 3 seconds. Even though it will be extremely powerful, since it will be all-electric the Hummer EV will be remarkably quiet. GMC is promising a quiet, peaceful driving experience. Hummer Ev Updates GMC is bringing back Hummer and will be delivering an all-new kind of truck, the 2022 GMC Hummer EV. Check out our Facebook and Blog to stay updated on the latest GMC released updates. The 2022 GMC Hummer EV will be coming soon to Highland, IN.