
Leasing vs Buying a Cadillac

Leasing vs. Buying A Cadillac: Know The Difference
Purchasing a car can be stressful and costly without proper guidance. However, the team at Malouf Cadillac will help provide you with all the details needed in order to make the purchasing decision when browsing our inventory. There are many differences when it comes to buying and leasing a car. When buying a car, you will pay for the entire value, regardless of accumulated mileage. However, when leasing a vehicle, customers are bound to specific aspects when driving the car. Regardless of what route you choose to follow, the dedicated team at Malouf Cadillac is ready to guide you through the entire process and ensure you make the best car purchasing decision.
Buying A Car
The most convenient purchasing option is buying a car. This means you will fully possess the vehicle instead of leasing it for a few years. However, the price of the vehicle is what makes it or breaks it for customers. If you determine that the price exceeds your budget limitations, browsing our used and certified pre-owned selection can provide more leeway through the process. It is important to note that our certified pre-owned vehicles undergo a 172-point vehicle inspection before they are displayed. Then they are awarded a one-year unlimited miles limited warranty. Additionally, we provide customers with a full vehicle history report and roadside assistance in the event of an emergency. The following are additional benefits of buying a car.
No mileage limits
No wear-and-tear charges
The ability to sell or trade-in the vehicle
No further payments at the end of your turn
The car is yours to modify or customize as you like
Leasing A Car
It comes as no surprise that the expenses of buying a vehicle in its entirety can surpass many customers' budgets, which is why leasing is a popular alternative. With this option, customers pay for the right to drive the vehicle for a fixed period. In addition, customers pay an initial fee to cover taxes and expenses associated with buying a new car. Thus, to protect the depreciation cost of the vehicle, monthly payments are made throughout the lease term. With this term, there is usually a restriction on the number of miles you can drive in total, and you have to return the car at the end of the term in excellent condition to avoid further fees. Listed below are other benefits when choosing to lease a vehicle.
Less money down
Manufacture warranty options
Lower repair costs
Option to buy the car at the end of the lease
Lower monthly payments
Why Make Malouf Cadillac Your Primary Dealership?
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