Your Auto Finance Questions, Answered

January 21st, 2021 by

Take The Stress Out Of Financing
Finding the right auto finance option for your situation shouldn’t be a hassle. At Rivertown Buick GMC, we strive to make the entire process as simple as possible. We do this by offering car loans and leases through GM financial and other trusted finance lenders.

Our team of finance professionals are ready to walk you through the entire finance process and ensure that you understand each and every step of the way. Not sure which finance option to choose? Keep on reading to learn a little bit about both, and then give our finance center a call today so we can help you get into your dream car.

What Is A Car Lease?
A car lease is one of the common auto finance options that drivers can choose from. This option is perfect for those individuals who want to drive the latest models or don’t want a car with long-term commitment.

When you choose a car lease, you are given a vehicle for a set amount of time or miles, and when you reach that limit, you return it to the dealership. Afterward, you are free to lease another car or look into an auto loan. You’ll never own the vehicle outright when you lease it, but a lease can have lower monthly payments with little to no down payment. Browse our current selection of Buick and GMC lease deals in our inventory.

What Is A Car Loan?
A car loan is the most common option when it comes to auto finance. This is the option that ends with you owning the vehicle outright and being able to do what you please with it. Each auto loan comes with a set amount and an annual percentage rate. The factors that determine the loan amount and interest rates are your credit score and your potential down payment.

This finance option is perfect for drivers with the intention of having the vehicle for years to come.

Although this option might come with slightly higher payments, you gain the freedom of owning your GMC or Buick vehicle once you’ve completed your monthly payments. Learn more about getting an auto loan from Rivertown Buick GMC by calling us today.

Which Option Should I Choose?
The best option to choose is the one that works with your budget and lifestyle best. If you don’t want to spend as much and don’t want the long-term commitment of a loan, then a car lease could be for you. On the other hand, if you’re someone who plans to drive their next vehicle for a long time and wants to eventually drive without monthly payments, then a car loan might be the perfect solution.

Either choice is great, but it really comes down to what you are personally looking for in an auto finance option. You can learn more about both of the options we offer by calling or visiting our finance center in Columbus today. Plus, you can find all our lease specials by exploring the “Specials” tab on our website.

Get The Peace Of Mind You Deserve
Now that you know a little more about the different auto finance options we offer, you can move another step toward driving away in your dream car. Browse through our incredible inventory of new, used and Certified Pre-Owned vehicles, and maybe you’ll find exactly what you’re looking for.

We also offer various easy-to-use online tools to make the process move smoothly. These tools include a payment calculator, trade-in estimator, and our brief finance application. Get pre-approved for financing from the comfort of your own home, and then speak with one of the Rivertown Buick GMC’s finance professionals today.

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