Benefits of Buying vs. Leasing | Raleigh | Wake Forest NC


At Thompson Automotive Group, we offer our customers many choices for new and used cars, trucks, and SUVs. Picking from so many excellent options can be tough, but once you find the perfect fit, you'll know right away. 

Once you choose a new vehicle at our dealership, what's next? It's time to determine the best way to pay for it. At Thompson, our finance department can assist you with the process of buying or leasing your vehicle, as well as help you determine which option is better for you. 

Read the information below to learn more about the benefits of buying or leasing a vehicle, and pay us a visit in Raleigh, North Carolina, to take a look at our vast inventory. 

Buy or Lease a New Vehicle in Raleigh, NC

Pros of Buying:
  • No penalty for mileage 
  • Increased flexibility for selling and modifications
  • Pride and ease of ownership
Cons:
  • Costs more upfront
  • More expensive monthly payments
  • More costly maintenance 

If any of these costs seem too big a burden to take on at the moment, consider leasing your Buick or GMC. 

Pros of Leasing:
  • Lower payments each month 
  • Lower or no down payment 
  • Lower or no repair costs due to factory warranties
  • Easier to change vehicles every few years
  • Avoid trade-in hassles at the end of a lease 
  • Sales taxes only on the portion of the car you finance

Cons:
  • You don't own the car when your lease is up
  • You have to pay attention to mileage and stay within the limits
  • It can be difficult to terminate a lease early

Think you're ready to get behind the wheel of your new car? Use our easy online credit application to get the process started, or visit our dealership at 2600 Wake Forest Road to explore our inventory and take a test drive.

The staff at Thompson Automotive Group is ready to assist you throughout the leasing or buying process. We look forward to seeing our customers from Raleigh, Chapel Hill, Durham, and the rest of the Triangle.

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