Leases vs Loans

March 8th, 2023 by

LET OUR FINANCE TEAM IN BEVERLY HILLS HELP YOU DECIDE!

Not every driver needs the same thing from their new car. For some, it means being able to hit the dusty trails and keep up with whatever the road throws at them. Others want a more elegant commute. The same goes for the way you pay for your new car. Some love the idea of owning their car for the long term. Others like to have options.

That is where the financing team at Cadillac of Beverly Hills can help. Not every driver knows the difference between financing and leasing. Others may not know which suits their situation best. Let’s take a quick look at the options you’ll find when you talk with our experienced financing center experts.

FINANCING MADE EASY

When you finance your new car, you are buying it. You know what you want, and you’ve found it. You want to keep it for as long as you can. Financing typically involves filling out an online financing application and finding the best rates from our reputable network of lenders. You pick the rates that look favorable to you, and that locks you in for your monthly payments.

the benefits of financing include the confidence knowing you have a car you can turn to for years to come. It is your to modify and drive it as far as you want, for as long as you want. If you love bumper stickers, financing is the route to go.

BENEFITS OF LEASING

If financing is for those who love a feeling of permanence, leasing your next Cadillac gives you the freedom of choice. It is a glorified way of renting a car for two or three years, then returning it for something new when your terms expire. Because of how long lease terms usually last, your upkeep could be covered by its warranty.

With little or no money down, leasing lets you enjoy the road as you like. If you usually stick around the roads of Beverly Hills, and don’t venture too far outside of LA, this might be the route for you. There are limitations on mileage. After a couple of years, you return your lease and you can upgrade to a newer model, renew the lease, or walk away.

There is no doubt, a Cadillac is a great way to enjoy life around Beverly Hills. How you choose to pay for your Cadillac is entirely up to you.

Posted in Finance, New Inventory