GMC Truck Financing vs Lease: What's Right For You?

Have you been wondering which dealership has the best trade-in deals in the Toms River area? We are proud to say that we make competitive offers for GMC trade-ins. Lester Glenn GMC outlines the simple process of trading in your SUV at our dealership. more How Trade-in Values are Determined When you bring your vehicle to our dealership, our team will assess it to determine what it's worth. There are several factors that contribute to your trade-in value: Market Data (market value, local auction data, seasonality, etc.) Vehicle History Report (service and accident history) Estimated Reconditioning Costs Current Supply and Demand The Perks of Trading in Your GMC SUV While some sellers can get better pricing selling to a private party, there are many benefits to trading in instead. Trading in is much more convenient because you can avoid taking photos of your car and posting it to multiple outlets, helping save time and energy. You can also avoid calls, messages, or test drives with strangers. Plus, in New Jersey, an eligible trade-in reduces the taxable purchase price of your new vehicle, which helps you save on your new purchase. The Trade-in Process Before you bring your vehicle in, we encourage you to do everything you can to maximize its value. You should address any minor repairs needed, carefully clean your vehicle, and remove any personal belongings. You will also need your current registration, your title (or any existing lien paperwork), the owner’s manual, and all the sets of car keys you have. Trade in Your GMC SUV in Toms River, NJ It’s quick and convenient to trade in your GMC SUV. We make the process easy at Lester Glenn GMC. Don’t wait – we’d love to add your SUV to our pre-owned inventory. Stop by to get started!

When it comes to applying for a GMC finance plan, there are some definite dos and don’ts you should know about. Common mistakes to avoid include neglecting your down payment, choosing longer loan terms, and not budgeting properly. Here are three common financing mistakes and how you can avoid falling into their traps, courtesy of Lester Glenn GMC. more Not Making a Down Payment Don’t be tempted to save money at signing by not making a down payment or keeping your down payment as low as possible. Down payments show your financier that you’re serious about buying a vehicle, which can improve your chances of getting the terms you want. Plus, a higher down payment means a lower monthly payment on your loan, and less paid in interest over time. Choosing Longer Loan Terms You might think longer financing plans are attractive at first because they have lower monthly payments. However, you’re often paying more in the long-run because you’re making more interest payments. Plus, the vehicle loses more value over the time you’re paying it off. We recommended opting for a shorter loan duration. Improperly Budgeting Your Loan Many drivers will only write their monthly financing payments in their budget, but that’s not the only thing you should worry about. Your budget should also include your expected monthly vehicle expenses that aren’t related to your financing account. That includes monthly gas payments, parking expenses, and funds for repairs and maintenance. Get GMC Finance Advice in Toms River, NJ Now that you know what GMC finance mistakes to avoid, it’s time to get the advice you need to make the best buying decisions. Contact Lester Glenn GMC today to talk with a dedicated financing expert and get your application started.