New GMC Sierra 1500 for sale in Big Rapids, MI

New GMC Sierra 1500 for sale in Big Rapids, MI

You have two options when buying a new GMC Sierra 1500 from our new GMC inventory at Baker GMC Big Rapids. One is to pay for everything upfront, and the other is to finance it with a loan. Acquiring a new GMC Sierra 1500 on finance comes with several benefits. For instance, financing can help build good credit, particularly when you make your car loan payments on time.

Car financing can also be tax deductible, especially when you borrow money from your business to acquire a new Sierra 1500 for commercial use. However, what happens when you do not want to pay for the truck in cash or finance it? That is where leasing comes into play.

Benefits of Leasing a New GMC Sierra 1500

Similar to car financing, leasing has several pros, like allowing you to pay less in sales tax. Moreover, leasing is significant if you do not necessarily drive a lot every year. That is because, in most cases, a lease allows between 10,000 and 15,000 miles per year. However, we must also point out that you can adjust the mileage before the deal ends.

Leasing is also for those who do not like making long-term commitments and instead prefer to drive a Sierra 1500 before they turn it back for a newer model or something entirely different. Additionally, when you lease a new GMC Sierra 1500, you get the latest features and technologies.

For instance, the latest models of this light-duty pickup truck can be had with the available Super Cruise technology for hands-free driving on compatible highways around Canadian Lakes, MI, and beyond. Leasing also allows you to drive higher-end models of the new Sierra 1500 for less money per month compared to what you could pay if you opted to buy near Reed City.

Resale Value of the GMC Sierra

The new GMC Sierra 1500 is a sturdy, light-duty truck suitable for various jobs in Stanwood, MI. It is built with sturdy materials and will depreciate by 39% after five years.

At the time of writing this piece and according to GMC, the starting MSRP of the new Sierra 1500 is $38,300 minus add-ons and destination. If you take this figure and calculate the depreciation with annual mileage at 12,000, the resale value after five years comes to $27,857.