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Disclaimer:

Tax, title, license and dealer fees (unless itemized above) are extra. Not available with special finance or lease offers.


If you’re shopping for a new car in the Youngstown area, you’ve landed at the right place. At Sweeney Buick-GMC, we have an expansive inventory of new cars, trucks, and SUVs. Plus, we have all the online tools to help you shop wiser, like our payment calculator.

Using a payment calculator helps you determine what you can afford in a monthly payment. Our calculator allows you to input your loan amount, interest rate, and loan term. It also has fields for your down payment and trade-in amount. After plugging in actual numbers, the calculator produces your monthly payment.

Is Leasing a Better Option for Me?

Many of our customers use our payment calculator, only to realize that they can’t afford the car they want or need. If that happens to you, perhaps leasing makes more sense. When you lease a vehicle, you have lower monthly payments than purchasing a car with a loan. You can take advantage of the savings if you need to, or you could use your buying power to afford a better vehicle.

Leasing a vehicle gets you into a brand new car, and you can choose one from our extensive inventory, or you could have one built to your exact specifications. In this way, you get the car you want at an outstanding monthly payment. In addition, you don’t have any long-term financial commitment like with an auto loan. Most auto loans run from five to seven years, so if you’re interested in lowering your monthly payment amount and length, a lease makes sense.

Also, when you lease a vehicle, you have options. You have the opportunity to trade it in and lease a new one. If you fall in love with your leased vehicle, you have the option to buy it at the end of your lease. Or, if your circumstances change, you can buy a new car instead of leasing it. If you’re the type of person who likes having options, wants the latest features and technology, and loves driving a new vehicle, you’ll enjoy leasing.

How Do You Qualify for a Lease?

Qualifying for a lease works almost the same way as qualifying for an auto loan. You must meet specific credit requirements such as income, on-time payment history, and a positive debt-to-income ratio. You won’t be applying for a large loan amount with a high monthly payment, only an affordable monthly payment with no risk of default. That’s because a lease payment only covers the depreciation, wear, and tear on the vehicle while you drive it. As a result of these factors, you can more easily qualify for a lease than a loan.

Current Lease Offers

In addition, we offer some great lease deals on Buick and GMC models. Our lease deals change often, so we encourage you to check back if you’re looking for a specific vehicle. For instance, if you’re interested in the GMC Terrain right now, you can lease one for only $255 per month for 36 months. You can save even more if you’re trading in a lease. Our lease loyalty program lowers this payment to $228. Using the GMC lease calculator, you can compare these lease payments to a loan on the same Terrain valued at $25,595. With an interest rate of 4.9% for six years, you’d pay $411 per month.

Perhaps you’d rather drive the stylish and versatile Buick Encore or Encore GX. Today, you can lease the Encore for only $227 per month for 36 months or the Encore GX for $275. If you take advantage of our loyalty program, those rates drop to $185 and $215, respectively. You can use our lease calculator to put that in perspective. For example, a loan on the same Encore GX valued at $25,000 with an interest rate of 4.9% and a 72-month term would result in a monthly payment of $401.

Leasing Benefits

As these current lease offers show, you can save a significant amount of money leasing versus buying. In addition, when your lease expires, you have the option to trade up to a new leased vehicle and continue to save, benefiting by driving a brand new car.

Lease agreements include regular maintenance and a full warranty that help lower your cost to upkeep the car. However, as vehicles age, they require more maintenance. Therefore, if you buy a car, you’ll have to pay for all the regular services such as oil changes and tire rotations. In addition, you’ll have to perform services on your engine and powertrain at specific milestones.

Unfortunately, breakdowns happen. Your lease will last two to three years, enabling you to drive your car during its most trouble-free period. When a breakdown occurs with a leased vehicle, you have the warranty coverage to pay for the repairs. When you purchase a car, you also have a warranty, but these expire after you reach a specific mileage or age. Essentially, when you lease, your vehicle rarely reaches these milestones.

Leasing Drawbacks

The downside to leasing comes in creating a cycle of ongoing payments. When you purchase a new car, you build equity, and when you pay the loan off, you can use that equity to buy another vehicle or drive your vehicle without the burden of a monthly car payment. However, many of our leasing customers don’t cite this as a drawback. Instead, they see the value in driving a new vehicle with the latest tech and convenience features outweighing the ownership value.

You need to factor in how many miles you plan to drive before you lease a vehicle. Your lease agreement includes a set number of allowable miles. Anything above that limit, and you’ll have to pay a pre-determined amount per mile. Most of our lease customers negotiate this number before executing the lease as it costs less to pay upfront than at the end of the term.

At Sweeney Buick-GMC, we understand the nuance involved in leasing and want you to have all the facts to make an informed decision. If you’re ready to explore leasing a new Buick or GMC car, truck, or SUV, we invite you to view our current lease offers online. Then, when you’re ready, you can visit our finance department and speak with a leasing professional to get the process started. Leasing a vehicle takes less time than buying, and we handle everything onsite.