HOW TO CHOOSE BETWEEN LEASING AND FINANCING A NEW VEHICLE
Leasing and financing can help break the purchase price of a new vehicle into monthly payments, but there are some distinct differences to consider when deciding between the two.
Two words frequently arise when shopping for a new truck, SUV, crossover, or van: leasing and financing. Both are tools that can help break the purchase price of a new vehicle into smaller monthly payments, but there are some distinct differences between the two.
A traditional financing arrangement, or an auto loan, allows buyers to ultimately own their own vehicle, but pay it off in monthly payments spread over multiple years.
Buyers are typically asked to place a down payment somewhere between 10 and 15 percent of the total purchase price, while a lender pays for the remainder. The buyer...
Buick announced two new plug-in electric cars that will soon be introduced in China.
Those two cars are the all-electric and plug-in hybrid versions of the new Velite 6 model, based on the Velite Concept (PHEV) unveiled in November 2016.
Buick already offers in China the Velite 5 (aka second generation Chevrolet Volt in the U.S.).
We don't know how the production Velite 6 looks just yet (image is a concept), but GM said that both powertrains / battery systems are new tech:
PHEV: ...will feature a high-performance hybrid electric vehicle propulsion system, which will maximize performance, fuel savings and range
BEV: ...will adopt an all-new battery electric vehicle propulsion system, which will ensure a comfortable electric driving experience
Buick notes that the Velite...
General Motors Promises Profitable Electric Cars By 2021 ... But How?
GM CEO Mary Barra has publicly announced that the automaker will make money on EVs by 2021, and a recent panel interview provides insight into exactly how this might unfold.
No automaker has been able to say this thus far. Tesla, a leader in battery-electric vehicles, continues to burn through cash. Toyota has a handful more battery-related patents than GM and has been successful in the hybrid segment for several years, however, the automaker still hasn't jumped headfirst into pure electric vehicles.
So, how can GM promise such success in only a few years?
Unfortunately for the U.S. - according to a panel of current and former GM execs and other industry experts interviewed by Reuters - it's likely going to happen due to huge EV/battery production in China. In the meantime, in...
SUV Sales Help Boost Buick's Overall Sales by 28% During March
All of GM's brands experienced some major sales gains during the month of March. Still, the GM brand with the largest sales gains last month was definitely Buick.
By the end of the month, Buick sales were up by 28%.
23,538 of those sales were exclusive to the retail sector. Buick's retail sales were up by 22.2%.
After months of sedans and passenger cars taking center stage for Buick's sales, the brand's crossovers and SUVs reclaimed their place in the spotlight with some rather impressive sales numbers. For example, Buick Enclave Sales were up by 6.3% year-over-year.
The Buick Envision also saw a sizable sales increase. Buick sold 4,367 Envision vehicles last month, 21.8% more than the 3,584 Envisions it sold a year prior.
No Buick had better sales last month than the...
New Rugged GMC Pickup unveiled at New York Auto Show
Chris Woodyard, USA TODAY Published 7:00 p.m. ET March 26, 2018 ' Updated 11:33 a.m. ET March 27, 2018
NEW YORK - To be on the cutting edge of cool, automakers are getting in touch with their dark side.
GMC became the latest automaker this week to introduce a vehicle for the New York International Auto Show that touts its darkened appearance - not only in the paint color, but the chrome, interior touches and more.
Think of it as car noir - and even though the look has been around for years, it's suddenly getting more popular. Also at the show, Lexus is introducing a dark version of the RC F coupe, and Fiat sees dark as a way of getting through to urban hipsters.
For GMC, the new AT4 version of the Sierra pickup is about communicating the truck's toughness - a vehicle...
myBuick App Becomes Your Driving Coach with the Addition of Buick Smart Driver
Buick owners can now view driving habits via mobile app
DETROIT - As the popularity of self-monitoring and health monitoring mobile apps continues to grow1, Buick owners can now also monitor their driving habits using their myBuick app. With the integration of Buick Smart Driver services into the app, owners who opt in can self-monitor important driving behaviors, including mpg, and become better drivers.
"In today's world, people are using health, finance and even sleep monitoring apps to help improve their lifestyle and well-being," said Steve Samolinski, senior manager of Buick Connected Services. "Bringing Buick Smart Driver services into the myBuick app can help our customers become more aware of their driving behaviors and improve as necessary."
Refined design cues, responsive performance enhancements and intelligent technology expand on the Envision's growing popularity.
The 2019 Envision features a newly sculpted front and rear, signature grille and new wheel choices. With a focus on quality and safety, the design and engineering teams also welcomed input from current Envision owners to enhance the vehicle.
"Some of the 2019 Envision's most notable changes are the results of listening to our customers," said Elizabeth Pilibosian, Envision chief engineer. "Beneath the updated exterior are a number of changes guided by a goal of offering the most refined and pleasant driving experience possible."
New nine-speed automatic transmission for 2.0L turbo models. Buick now offers...
"Buick owners live an active lifes, We're helping ensure fans don't miss out on any of the excitement."
Buick has been a sponsor of the NCAA March Madness college basketball tournament for a while now and the brand has a nice perk to attract basketball fans to Buick. Buick owners will enjoy a month of free 4G LTE Wi-Fi in vehicles where the feature is available so passengers can stream as many of the 130 March Madness games as they'd like from the comfort of a Buick.
That's great for the passengers, but what about the driver? For obvious reasons, you can't watch the game on the infotainment screen, but Buick is offering an exclusive NCAA Tournament app with live audio feeds of the games. If your Buick has a Shop icon on the infotainment screen and you have an active Wi-Fi connection, you can download the app.
Streaming is becoming a popular way to enjoy the games. "According to...
GMC and Wilson football engineering teams share a common goal.
GMC Aerodynamicists use computational fluid dynamic tools to analyze the airflow around the vehicle. By minimizing the aerodynamic drag, Terrain customers can expect up to 3 more miles per gallon compared to the previous generation, for an EPA-estimated 26 mpg combined for AWD models.
What do a football and an SUV have in common? Both rely on exceptional aerodynamics to perform to their fullest, and the GMC Terrain and Wilson leather NFL game footballs are perfect examples.
GMC Terrain engineers clocked more than 300 hours in the wind tunnel to refine every surface of the Terrain, from the front grille to the rear spoiler.
"Reducing the aerodynamic drag of an SUV is always a challenge," said GMC...
2019 GMC SIERRA: TECHNOLOGY TAILORED FOR TRAILERING
With a rugged foundation and strong powertrain options, the 2019 GMC Sierra offers the smart capability needed for physically pulling a trailer - but capability means little without confidence or control. That's why the Next Generation Sierra offers a suite of new features and technologies designed to take the guesswork out of trailering.
The Next Generation 2019 GMC Sierra does more than offer a rugged foundation, a variety of strong powertrains, and smart capability - especially for those who plan on trailering. The 2019 Sierra was designed from day one to incorporate a variety of new, innovative ideas and technologies that improve driver confidence when connecting to or towing a trailer.
"In addition to working with major trailer manufacturers, GMC spoke with thousands of...
With massive conceptual off-road tracks, the All Mountain is ready for any sort of terrain - including the slopes at Vail.
With a peak elevation just shy of 12,000 feet, it's hard for anything to tower over the slopes of Vail Mountain in Colorado - but later this fall, one GMC will do exactly that: the GMC Sierra 2500 Denali HD All Mountain concept truck.
The Denali All Mountain concept, which will go on display at Vail later this year, celebrates GMC's new partnership with Vail Resorts. All Mountain builds off Sierra Denali HD's proven capability and takes it to a new level.
Denali All Mountain accentuates the Sierra Denali HD's strong, chiseled exterior design language with bold, distinctive graphics, inspired by both the mountainous terrain found at many Vail Resorts'...
When it comes to the mass market, Buick is the most dependable auto brand after three years of ownership, while Lexus is at the top of the heap among all brands, according to J.D. Power.
Toyota's Lexus led as the most dependable brand for a seventh consecutive year, followed by Porsche, the annual findings released Wednesday showed.
Measuring dependability by the count of troubles reported for every 100 vehicles, the 2018 study examined vehicles from the 2015 model year.
Buick came in first in the mass market segment, with 116 reported problems per 100 vehicles, 10 less than in 2017. The result is the third mass-market win by Buick in four years.
After landing in the bottom five in 2017, Infiniti surged to fourth place, with 83 fewer problems per 100 vehicles. Kia placed...