Car Buying Tips

Finance & Insurance Information

Buying vs. Leasing: What to consider

• Buying may be a good fit if you plan to keep your vehicle long-term and want to build equity over time.
• Leasing can be a great option if you like driving newer models more often and prefer flexible term lengths.
• Not sure which path fits your budget and driving habits? Our team can help you compare options in the Finance Center.

Understanding auto loan rates and monthly payments

• Your interest rate (APR) is influenced by credit history, term length, and lender programs available at the time of purchase.
• Choosing the right term length can help balance the monthly payment with total cost over the life of the loan.
• Having your preferred budget range ready can help the process move smoothly when you connect with our finance team.

Gap insurance basics

• Gap insurance may help cover the difference between what you owe and what your vehicle is worth if it’s declared a total loss after an accident.
• It’s commonly discussed with financed or leased vehicles, depending on the situation and lender requirements.