Lease VS. Finance

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The Cadillac finance team at Hendrick Cadillac Cary works hard to help every Morrisville driver secure a favorable rate, but purchasing isn't the only way to get behind the wheel of a new Cadillac model. Cadillac leasing offers customers an alternative that may even include greater benefits than a Cadillac finance plan — it all depends on your unique budget and driving habits. If you're stuck between leasing vs. buying your next Cadillac model, our knowledgeable sales professionals at Hendrick Cadillac Cary can assist you in choosing the best options for your financial situation.

Cadillac General Lineup

ADVANTAGES OF Cadillac LEASING:

LOWER MONTHLY PAYMENT

If you lease a Cadillac you will usually get a lower monthly payment than if you were to purchase the same car. You may also be able to upgrade to a more expensive model or add additional options while staying within budget.

LATEST TECHNOLOGY

With cars these days evolving at a fast pace, the technology options are nearly endless. Through Cadillac leasing, you’re able to have a car with the most up-to-date technology features.

NO TRADE-IN WORRIES

At the end of your lease, you will simply turn the car in to the leasing agency.

REMAINS COVERED UNDER WARRANTY

When you lease a Cadillac the length of your lease will typically be shorter than a basic warranty. This will help you save on maintenance and repair costs throughout your time behind the wheel.

NO TRADE-IN WORRIES

At the end of your lease, you will simply turn the car in to the leasing agency.

What To Know About Buying a Car

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MORE EXPENSIVE

You will typically have a higher monthly payment with a Cadillac finance plan as the overall cost of purchasing a car is greater than that of leasing a car. Additionally, your loan interest is based on the entire loan amount. 

UNPREDICTABLE DEPRECIATION

Purchasing a car sometimes comes with facing uncertain market values when the time comes to sell or trade in your car. When financing, you are still liable for paying the loan balance if you owe more than the vehicle is worth.

LONG-TERM LOANS

Long-term loans = more money out of your pocket. Because long-term loans carry a higher rate and interest has more time to accrue, the total cost may rise significantly.

MORE UPFRONT COSTS

Financing or purchasing a vehicle means that the bank or lender will need an initial payment from you. Among other factors, this payment is usually calculated according to your credit score.

LONG-TERM LOANS

Long-term loans = more money out of your pocket. Because long term loans carry a higher rate and interest has more time to accrue, the total cost may rise significantly.

Decide Between Leasing vs. Buying in Cary

So, what's the bottom line? Should you lease a Cadillac or get a Cadillac finance plan? The truth is both options offer unique advantages to different types of Apex drivers. What's best for you ultimately depends on your goals and how you prefer to spend your money. If your long-term goal is to own a vehicle, customize it, and accrue as many miles as you like each year, you'll get this type of freedom when you finance a vehicle but you'll probably spend a little more in the long run. If you don't want the hassle of long-term maintenance and you prefer to drive a brand-new ride every two or three years, then Cadillac leasing is a solid alternative! 

If you're still having trouble deciding between leasing vs. buying, our Cadillac finance, and lease experts are here for you. Contact us at your convenience to start a conversation! We'll listen to your needs and help you decide on a plan that suits you. 

Map of Hendrick Cadillac Cary

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115 Team Hendrick Way, Cary, NC, 27511
Hendrick Cadillac Cary 35.74011, -78.81677.