The Advantages Of Owning A Vehicle
Every time you go to buy a new vehicle at the Lake of the Ozarks, you have to decide whether you want to lease it or finance your vehicle through a loan. Last week, we took a look at the advantages of leasing your new Lake of the Ozarks vehicle. This week, we're diving into the advantages of owning.
1. Save Money Over Time
Leasing can be a great option for people who only plan to drive their vehicle for a few years at a time. However, if you plan to own your vehicle for any longer than that, buying may be the better option for you. At the end of a lease agreement, you'll need to lease another vehicle or pay the different to keep the car you're currently driving. Unless you're wanting to lease a different vehicle, in the long run, leasing tends to be much more expensive than buying.
2. You Own The Vehicle
When you lease a vehicle, you're borrowing it for a few years, but when you own your car at the end of a few years, you'll have no more payments and you'll have the pride of ownership. There's nothing better than getting behind the wheel of your very own new vehicle at the Lake of the Ozarks. Even if it's only "new to you," there's a unique sense of pride and satisfaction that comes from knowing you picked it out and now it's yours.
3. No Mileage Restriction
Often times with leases, there is a mileage restriction. If your vehicle is going to be a family car that is driven a lot, taken on road trips, used as a daily commuter car, then owning may be a better option. If your vehicle is leased and you go over the allotted mileage, then you may have to pay a fine for each mile over. However, when you own your own vehicle, you can drive across the country as many times as you want.
4. You Can Modify It
Want to add a spoiler or chang ethe color of your vehicle? If you own your vehicle, you can do pretty much anything that you want to it. In addition, many times lease vehicles have strict regulations on what you can and cannot do to your vehicle. In most cases, they want the vehicle returned in the condition they loaned it to you minus normal wear and tear. If you own your own vehicle, feel free to modify and upgrade your car any way you like.
5. Can Sell At Any Time
If you buy a car and decide it's not the right fit for your lifestyle, you can sell it - even if you've taken out a loan on it. The challenge of leasing a vehicle versus buying a new car is that you'll be upside down on the purchase of a new car for the first few years. However, you'll own it sooner and can sell it when you want. In addition, you own that vehicle so you can use the money you made on selling it or take the trade-in value towards the purchase of your new vehicle.
If you're in the market for a new vehicle at the Lake of the Ozarks, visit Hulett Chevrolet-Buick-GMC. Our expert sales team can help you find your new ride and also further explain the different financing options available to you. We have a large selection of new and used vehicles at the Lake of the Ozarks, so stop on by and let us help you find your dream car.
513 N. Business Route 5
Sales: 573.317.4191
1. Save Money Over Time
Leasing can be a great option for people who only plan to drive their vehicle for a few years at a time. However, if you plan to own your vehicle for any longer than that, buying may be the better option for you. At the end of a lease agreement, you'll need to lease another vehicle or pay the different to keep the car you're currently driving. Unless you're wanting to lease a different vehicle, in the long run, leasing tends to be much more expensive than buying.
2. You Own The Vehicle
When you lease a vehicle, you're borrowing it for a few years, but when you own your car at the end of a few years, you'll have no more payments and you'll have the pride of ownership. There's nothing better than getting behind the wheel of your very own new vehicle at the Lake of the Ozarks. Even if it's only "new to you," there's a unique sense of pride and satisfaction that comes from knowing you picked it out and now it's yours.
3. No Mileage Restriction
Often times with leases, there is a mileage restriction. If your vehicle is going to be a family car that is driven a lot, taken on road trips, used as a daily commuter car, then owning may be a better option. If your vehicle is leased and you go over the allotted mileage, then you may have to pay a fine for each mile over. However, when you own your own vehicle, you can drive across the country as many times as you want.
4. You Can Modify It
Want to add a spoiler or chang ethe color of your vehicle? If you own your vehicle, you can do pretty much anything that you want to it. In addition, many times lease vehicles have strict regulations on what you can and cannot do to your vehicle. In most cases, they want the vehicle returned in the condition they loaned it to you minus normal wear and tear. If you own your own vehicle, feel free to modify and upgrade your car any way you like.
5. Can Sell At Any Time
If you buy a car and decide it's not the right fit for your lifestyle, you can sell it - even if you've taken out a loan on it. The challenge of leasing a vehicle versus buying a new car is that you'll be upside down on the purchase of a new car for the first few years. However, you'll own it sooner and can sell it when you want. In addition, you own that vehicle so you can use the money you made on selling it or take the trade-in value towards the purchase of your new vehicle.
If you're in the market for a new vehicle at the Lake of the Ozarks, visit Hulett Chevrolet-Buick-GMC. Our expert sales team can help you find your new ride and also further explain the different financing options available to you. We have a large selection of new and used vehicles at the Lake of the Ozarks, so stop on by and let us help you find your dream car.
That's The Way We Do It At Hulett!
513 N. Business Route 5
Camdenton, MO 65020
Sales: 573.317.4191
Service: 573.317.4195
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