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Buying vs. Leasing

Lease vs. Buy:Should I lease or buy that new Cadillac automobile? It sounds like atough decision, but it doesn't have to be that complicated. Following isan overview of some benefits of each choice. Once you have the facts,use our Payment Calculator  to compare estimated lease vs. buy payment scenarios.

Basic Advantages and Disadvantages

ADVANTAGES

LEASING

BUYING

Lower monthly payments

Little or no down payment

More expensive car for less money

More cash available for other purchases

Sales taxes paid over term of lease

Possible tax benefits - check with your accountant

Equity and ownership

DISADVANTAGE

LEASING

BUYING

No equity/ownership in the vehicle

Potential early termination liability

Potential end-of-lease costs like excess wear and tear and additional mileage charge

Higher initial cash outlay

Higher monthly payments

Fewer dollars available for other uses

You own 100% of a depreciating asset

Contact Information

St. Claire Cadillac

3737 Stevens Creek Blvd

Santa Clara, CA 95051
sales Sales:
888-467-3530
service Service:
888-467-3530
parts Parts:
888-467-3530

Hours

  • Monday: 9:00 AM - 8:00 PM
  • Tuesday: 9:00 AM - 8:00 PM
  • Wednesday: 9:00 AM - 8:00 PM
  • Thursday: 9:00 AM - 8:00 PM
  • Friday: 9:00 AM - 8:00 PM
  • Saturday: 9:00 AM - 7:00.PM
  • Sunday: 11:00 AM - 6:00 PM