Friday, February 18, 2011

To Lease or Not to Lease...

That is the question.

When shopping for a new vehicle, people often ponder the question: Should I buy or should I lease?  For each consumer, the answer is different.  It's important to be informed and make the best decision based on your situation.  For example, here are some common advantages of leasing  your new vehicle:
  • Reduced monthly payments
  • Less amount needed for down payment
  • Lower repair costs
  • Only pay sales tax on portion of vehicle
  • Drive newer and better cars for less
Take this month's Lawrence Hall Abilene's Cadillac lease special:


With approved financing, you can lease a CTS for only $345 a month with $1,900 down plus tax, title and license. This type of lease allows a customer to get into a fantastic luxury car with little money upfront and a very cost-friendly monthly payment. 

Take a good look at what you want out of your car for the next few years; know your finances and establish exactly what you want to pay to get your vehicle.  Stop by anytime to visit one of our knowledgable Finance Specialists to help you process your finance information: http://www.lawrencehall.com/Department-Finance.aspx

For more information on buying vs. leasing, click on this helpful link:
http://www.investopedia.com/articles/pf/05/042105.asp

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