Lease or Buy?
Buying a new vehicle involves a fair deal of research and you need a dealership you can trust to provide you the expertise you need to make the right decision. At McDonald Chevrolet Buick GMC Ltd, we offer you just that. When it comes to financing, we can help you make the difficult decisions or provide you with the information you need to find the right financing plan.
Financing vs. Leasing Made Easy at McDonald Chevrolet Buick GMC Ltd in Taber
At McDonald Chevrolet Buick GMC Ltd in Taber, we provide you with the information you need to decide between financing or leasing.
In the meantime, here are a few questions you can ask yourself:
- How many kilometres do I drive each year?
- What’s my monthly budget?
- Will I be using my car for business or for work?
- How long do I plan on keeping my car?
The answers to these questions will go a long way in determining which financing solution is right for you. To learn more or to book an appointment with one of our financing experts, contact us today at McDonald Chevrolet Buick GMC Ltd.
LEASE
Leasing offers affordable payments with shorter terms
This lets you...
- Consider vehicles with more options
- Choose your desired trade cycle
- Have peace of mind since most terms are within the warranty
period - You have options at the end of you lease
If the vehicle is worth more than the residual value
- Exercise your purchase option and keep it
- Exercise your purchase option and apply the equity to the next
vehicle
If the vehicle is worth less than the residual value
- Drop off the keys and walk away (subject to any excess kilometres
or wear-and-tear charges)
BUY
Conventional loans typically require longer terms to
achieve affordable payments
This keeps you...
- From trading into a new vehicle sooner
- Driving the same vehicle longer even when you are ready to trade
Conventional loans have obligations when you trade
- The owner must find a buyer
- The owner assumes all of the risk for unexpected depreciation
- The vehicle’s condition, mileage, and wear and tear will be a factor
in assessing the total value of the vehicle - The owner must satisfy the loan balance regardless of the vehicle
value
Our Opening Hours
Finance
| Days | Hours |
| Monday | 8:00AM / 6:00PM |
| Tuesday | 8:00AM / 6:00PM |
| Wednesday | 8:00AM / 6:00PM |
| Thursday | 8:00AM / 6:00PM |
| Friday | 8:00AM / 6:00PM |
| Saturday | Closed |
| Sunday | Closed |
