What are my financing options?
As you consider your next vehicle, several financing options are available. Check out the chart below for a more informed decision.
No matter what financing option you go with, save time by completing an online prequalification application. It’s quick, easy and won’t affect your credit score.
When you’re ready to see local vehicle options, explore limited-time GM offers here.
Lease or Buy Comparison
Leasing
|
Vehicle TypeNew |
TermsTypically 24-36 months |
Mileage OptionsCustomizable |
Estimated CostsPayments cover a portion of the vehicle’s value during your agreement, allowing for lower monthly payments. |
End of TermPurchase, return your vehicle, lease or buy new at lease end. The flexibility of leasing may be right for you. |
| LEARN ABOUT LEASING |
Buying
|
Vehicle TypeNew or Certified Pre-Owned |
TermsUp to 84 months |
Mileage OptionsUnlimited |
Estimated CostsPayments cover the vehicle cost over the course of your contract, which may make it higher than a lease. |
End of TermYou’ll own your vehicle. You can sell or trade it in at any time during the contract term. The freedom of ownership may appeal to you. |
| DISCOVER BUYING |
Balloon Financing for EVsThe RightChoice by GM Financial |
Vehicle TypeExclusively for certain GM electric vehicles (EV) |
TermsMinimum 36 months |
Mileage OptionsCustomizable |
Estimated CostsPayments cover the vehicle cost over the course of your contract, with lower payments in your contract and a balloon payment at the end. |
End of TermOn the last month of your term, you’re able to make the right choice for you, whether it be pay the balloon payment, refinance, trade in or sell. With up to $7,500 tax credit*, this may be your way into an EV. |
| EXPLORE BALLOON OPTIONS |
*See dealer for details. Tax credit subject to change. Your personal eligibility to claim this tax credit depends on your individual circumstances, including whether your adjusted gross income for the current or preceding taxable year exceeds the income thresholds contained in the Inflation Reduction Act (IRA). You should consult your tax, accounting or legal professional to confirm your eligibility or if you have questions regarding this tax credit. This information does not constitute tax, accounting or legal advice. More information can be found on the U.S. Department of Energy’s Federal Tax Credits webpage.
I Want To Lease
The flexibility of leasing fits many drivers. Find out if leasing is your best choice.
I Want To Buy
Ready to buy a new GM vehicle? Learn what to do next.