When car shopping, there are two main ways to get a car: purchasing and leasing. Depending on your financial situation, your taste and your driving habits, there are definitely advantages and disadvantages to both of these options.

We've broken down these advantages and disadvantages to help make the decision process easier.

Purchasing is great for people looking for a long-term investment.

·         Generally, you make a large down payment (usually between 5% - 30% of sticker price) and finance the rest at a lender. Although this is usually more expensive than leasing, you get to keep the car as soon as you finish payments. For people that can afford larger monthly payments and want their car to last, buying is the way to go.

·         Plus, there are no mileage restrictions, like on a leased car.

Leasing is essentially renting a car from the dealer.

·         You pay a fee, as well as the cost of depreciation during the time you have it (usually 2 - 3 years). The down payment and monthly payments are usually less than buying; however, you don't get to keep the car when you're done.

·         Leasing is great for people who want a new car every few years. You get some of the newest high-tech features including technology and safety features.

·         Also, the vehicle is usually covered under a warranty for certain repairs. However, oil changes, tire rotations and other recommended maintenance is part of your job to maintain the vehicle.

Still have questions about whether buying or leasing is right for you? Our Finance Department staff here at Royal Moore Buick GMC  in Hillsboro can answer any questions you might have!

Royal Moore Buick GMC can be reached at 888-848-7989 and is located at 1380 SE River Road., HillsboroOR 97123. Royal Moore Buick GMC also serves the surrounding communities including Cornelius, Forest Grove, Beaverton, Tigard, and Portland. We hope to see you soon! 

Make an Inquiry



1380 SE River Rd
Directions Hillsboro, OR 97123

  • Sales: (503) 616-7043
  • Service: (503) 616-7041