Buying Vs. Leasing

Buying vs. Leasing: Which Is Right for You?

At Musson Patout GMC, you can choose to finance or lease your next vehicle. But which one is right for you? Our experts in the Finance Center are here to help break down the differences and help you determine which is right for you.

Benefits of Financing

Financing is the most common way people purchase their vehicles. Rather than paying a large sum of money upfront, you can spread the payments out and pay it back over time. Each payment potentially builds equity, and you can sell or trade at any time. Once you make the final payment, the vehicle is yours, and you can continue to drive it payment-free while enjoying all the perks of ownership.

  • Freedom to customize or personalize
  • Payments build equity
  • Drive payment-free once the loan is paid off
  • No mileage limits

Benefits of Leasing

Leasing can be a fantastic way to save on vehicle costs and simplify your driving experience. With a lease, you drive the car for the selected term and return it once the agreement expires. There are mileage limits and some startup fees involved, but the monthly payments are usually much lower than financing, and you can add mileage to fit your needs. Leasing can be flexible, but you typically have to complete the lease agreement or incur fees for early returns. However, a lease can be a money-saving option for certain drivers and is worth considering if you are a low-mileage driver.

  • Easy ownership experience with fewer responsibilities
  • Always drive a new vehicle
  • Easy trade-ins and returns
  • Flexible terms as short as 24 months

Contact the Finance Center at Musson Patout GMC to View Our Offers

Whether you choose to finance or lease, our team can help you save on your vehicle costs. With our finance and lease specials, it's easy to get into a new GMC at a great price. Contact our finance center today or get started with our online application to save time at the dealership. Our experts can help you compare finance vs. leasing options to determine which one best meets your needs.

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  1. Musson Patout GMC

    214 W Hwy 90 Frontage Rd
    new iberia, LA 70560

    • Sales: (337) 514-0446
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  • Contact our Sales Department at: (337) 514-0446
  • Monday8:30 am - 6:00 pm
  • Tuesday8:30 am - 6:00 pm
  • Wednesday8:30 am - 6:00 pm
  • Thursday8:30 am - 6:00 pm
  • Friday8:30 am - 6:00 pm
  • Saturday8:00 am - 4:00 pm
  • SundayClosed