Your car buying journey starts with this simple question: What should I drive? Test drives and extensive research lead you to the vehicle you want. The question then becomes, should I buy or lease this vehicle?

At Mount Vernon GM, our top priority is helping you make the right decision. We will help you decide whether leasing or buying makes sense.

There are two key factors to consider when buying a car: How will I use my vehicle, and how long do I want to keep it for? These two questions can often make the buying vs. leasing decision for you.

Buying and owning a car has plenty of benefits. You’ll have the freedom to customize the vehicle, more financing options and no mileage limit. Lastly, when you’ve paid off the vehicle, it is yours. Gasoline and maintenance are the only things you’ll need to cover as long as you own the vehicle.

Buying is an appealing option, but leasing has plenty of benefits as well. Leasing gives you the options of a higher trim level or a nicer car all together, as your monthly payments will be lower when leasing. You can also choose your own mileage limit and lease terms. It is very likely that your warranty will last the entirety of your lease. Finally, another great reason to lease a car is that you can buy it out at the end of the lease if you’ve enjoyed leasing it.

Another consideration if leasing a car is Gap Coverage. if your vehicle is totaled, you will be covered by insurance if you owe more than the car is worth - be sure this is included in your lease.

When you decide whether to buy or lease a car, Mt Vernon GM will handle the rest.