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Car shopping involves a lot of decision-making and knowledge. Here at Young Cadillac of Owosso, we try to provide our customers around Flint with the information they need to select the right vehicle as stress-free as possible. Even after choosing your dream car, there will be choices to make. Determining the best financing option for your particular circumstances can also be challenging. Here are some things you should know about Cadillac finance to make things easier.
Most people think of a conventional auto loan when paying for a vehicle. Lender financing is a great option for those who seek ownership and the pride that comes with it. Each payment you make goes toward the balance you owe when you finance a vehicle. In the meantime, you're free to make upgrades or modifications and drive as many miles as you wish around Lansing or across the country. You can even trade your vehicle in or sell it before making the last payment.
Leasing a car comes with limitations in mileage and modifications, but it can also save you money. When you lease a vehicle, you're paying to cover the cost of depreciation when it's in your possession. A leasing term is usually about three years. You'll make significantly fewer payments during that period than a conventional loan payment. Plus, you can count on your maintenance costs being minimal. Finally, there's no need to worry about a trade-in or resale value. Just bring it back at the end of the lease period.
Do you feel better about choosing the best type of financing for your needs? If so, stop by to see us in Owosso. You can browse our inventory, take a test drive, and speak with our Finance Team. You can also fill out the form above to begin the application process.
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