The process of purchasing a vehicle isn’t supposed to be difficult or confusing. Unfortunately, plenty of vehicle financial services complicate the issue with jargon and unclear directions. Our staff is not like that. We are here to help you purchase the vehicle of your dreams! One way we can do that is by answering some common financial questions that our customers are hoping to have answered.
Q: Should I buy or lease a new car?
A: The answer to this is really up to you. It depends on what benefits you are looking for in a new vehicle. If you want the freedom to customize your car as you please, then buying is your safest bet. However, if you want the security of a lease-long warranty, then leasing a new vehicle is the way to go for you. Learn more information about the benefits of both on our page Buy vs. Lease.
Q: What is the role of a cosigner?
A: Simply put, a cosigner is a person who shares the same amount of responsibility as the person who is purchasing a vehicle during a financial transaction. The cosigner can provide added financial security to the transaction of purchasing a new vehicle.
Q: What are some of the main factors that can affect my credit score?
A: Among the factors that can affect your credit score in some way are your payment history, the length of your credit history, and the types of credit accounts that you currently have open. Learn more about what goes into your credit score on our page Credit Score.
If you have any further questions about the financial aspect of purchasing a vehicle, feel free to reach out to our team of financial experts or pay us a visit today!
*Buick/GMC rebates and dealer discounts included in sale price, if discount is shown, see dealer for details.
*Price does not include taxes, license and title fees, or documentation fees. EPA estimates only. Please call for more information.
Gateway Buick GMC, Inc 820 James S. McDonnell Boulevard, Hazelwood, MO, 63042