Finance or Lease a GMC? Which Route is For You?

June 02, 2020 · 3 min read

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.

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.

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Jun 08, 2020 in FAQs

2020 GMC Acadia AT4

The first-ever 2020 GMC Acadia AT4 is now available at your GMC dealer in Highland, Indiana at Circle Buick GMC! The GMC Acadia has been around since 2007 and the 2020 model is the first model with the AT4 trim. The AT4 trim is a premium off-road performance package. Read more to see how the 2020 GMC Acadia AT4 includes! more AT4 Exterior The 2020 GMC Acadia AT4 is impressive with off-road features and a bold design. Expect to see rugged all-terrain tires surround the exclusive 17" gloss-black wheels, h ands-free programmable power liftgate, and h eated power-adjustable mirrors. It will also include the following AT4-exclusive features: AT4 grille and badging, black-capped outside mirrors, gloss-black roof rails, and black chrome accents. AT4 Interior You can get your 2020 GMC Acadia AT4 with seating options for 5, 6, or 7 passengers with heated driver and front passenger seating. The interior offers flexibility and convenience with the Cargo Management System, third-row 50/50 split seats fold flat for extra cargo storage, and Smart Slide second-row seats provide easy third-row access. The AT4 trim offers luxurious features such as a dual skyscrape roof and front head restraints with AT4 stitching. AT4 Capability Since the AT4 trim is an off-road performance package, you can expect to have a powerful and capable driving experience. The 2020 GMC Acadia AT4 offers a 3.6L V6 engine with a 9-speed automatic transmission. For better traction, it offers a twin-clutch AWD system with torque management, Traction Select System, and StabiliTrak. For steep hills, the Acadia AT4 has a built-in Hill Descent Control and Hill Start Assist. 2020 GMC Acadia AT4 in Highland, Indiana Check out the 2020 GMC Acadia AT4 at your local Highland, Indiana GMC dealership! Have more questions about whether the 2020 GMC Acadia AT4 is right for you? Call us at 219-865-4400 to talk to one of our sales staff or internet sales expert. GMC Acadia AT4 Inventory 2440 45th Street, Highland, IN 46322

Jun 02, 2020 in FAQs

2021 Buick Envision | COMING SOON!

Buick just announced the release date and images of the all-new 2021 Buick Envision and we are excited about the stunning redesign! Buick has only given us a sneak-peek, but the exterior looks far nicer than before. Expect a new and improved interior and exterior. Keep reading to find out more about the redesign and release date! more 2021 Buick Envision The Buick Envisions are known for their luxurious interior, sleek exterior, and innovative built-in features. The Envision lies between affordable and luxury, which makes it one of the best SUVs for those who are wanting good value. The all-new Buick Envision is getting the best-updated redesign in the history of the Envision. When is the 2021 Buick Envision release date? So, when will the brand-new Buick Envision be released? Buick has announced that you can expect to see the all-new new 2021 Envision at our Buick dealership in early 2021. What is new with the 2021 Buick Envision exterior? The all-new Buick Envision's exterior will feature a lower and wider appearance. This exterior update makes it look more similar to its mid-luxury competitor compact SUVs. Expect to see a 2.0L turbocharged engine paired with a 9-speed automatic transmission. How has the 2021 Buick Envision interior changed? We can expect to have a standard safety package with features like automatic emergency braking and lane-keep assist. Currently, the 2020 Buick Envision comes standard with an 8-inch infotainment touchscreen, but a 10-inch touchscreen will be available along with a park-assist feature. Coming Soon Updates Despite Buick not releasing any other stats on the all-new 2021 Buick Envision, we can see the impressive exterior redesign. Also based on the limited interior information that they did release, that we can see a new and improved interior that will make the Envision a mid-luxury compact SUV to be reckoned with. At Circle Buick GMC, we are your nearby Buick dealer with a wide-array of Buick SUVs. We will announce on Facebook, Instagram, and Pinterest when the 2021 Buick Envision will be at your Highland dealership. Visit our Buick dealership near Highland, Indiana at: 2440 45th Street, Highland, IN 46322

May 25, 2020 in FAQs

How To Sell Your Car Fast & Trade-In

Looking to sell your car fast and trade-in, but aren't sure where to start? At Circle Buick GMC, we make it easy! Our website offers a built-in Kelley Blue Trade Evaluation tool, a one-hour buying process, and a wide selection of new and used vehicles! more Sell Your Car Fast At Circle Buick GMC, we specialize in processing your trade-in and new car paperwork in under an hour because we know you are very busy How do I find the value of my car? The first step to trade-in your car is to use our Kelley Blue Book Trade Evaluation tool. Our trade-in calculator makes it easy to see what your vehicle might be worth on the market today. As long as the information is correct about your trade-in, we honor the Kelley Blue Book price. Trade-In Your Car Once you have sold your old vehicle, its time to find a new vehicle! With our wide selection of new Buick SUVs, GMC trucks and SUVs, and used cars, we will have a vehicle for you! How do I trade-in my car fast? Trading in your car has never been easier with our one-hour buying process. Our goal is to congratulate you on your new purchase in one hour, and according to your schedule, cover your new vehicle features and benefits at any time you like. If you need a second walk through, we are more than happy to do so! Our Simple, Transparent, & Efficient Process What should I expect at Circle Buick GMC? Find your new vehicle on our website Know that our value pricing is our upfront best value Enter your trade into the Kelley Blue Book appraisal tool Make an appointment to visit us ready to take delivery Sit down with one of our award-winning staff members Make sure that the vehicle you selected is the perfect fit Relax while 40 lenders compete for your business Clear and transparent explanation of all options Meet with our business manager for ownership documents New & Used Inventory Find your next vehicle from our wide selection of new and used cars, trucks, and SUVs! We specialize in Buick SUVs and GMC trucks and SUVs. We offer the region's best values on all Pre-Owned inventory and best discounts possible on all new Buicks & GMCs in stock. Trade-In & Sell Your Car In Highland, Indiana Our built-in Kelley Blue Trade Evaluation, one-hour buying process, and wide selection of new and used vehicles makes buying and trading-in EASY! Experience the Circle Buick GMC one-hour at: 2440 45th Street, Highland, IN 46322