Leasing vs Buying a Chevrolet

Leasing and buying are different. Though each has its own set of perks, one may be more suitable for you than the other.

With buying, drivers will more than likely need to acquire a loan through a lender. This involves the lender paying for the vehicle and you paying back the lender until the vehicle is paid off. This includes interest rates as well as a down payment.

With leasing, you won’t have the long-term commitment that goes along with buying. This is because Chevrolet leasing contracts only last around three years. During that time, you’ll only pay for the depreciation of the model, not the whole value.

This is great for drivers who want:

• A short-term commitment
• To always be driving the newest models with the latest technologies
• Potentially lower monthly payments and down payment

Benefits of Chevrolet Leases

The benefits of leasing a Chevrolet don’t end there either. Let’s take a look at the rest:

• Lower costs: As mentioned before, monthly payments and down payments are typically lower than if you were to buy. However, sales taxes and other expenses may be lower as well. Ask your financing specialist for more information on this!
• Warranty coverage: All leased Chevrolet models come with warranty coverage from Chevy themselves. This makes routine maintenance and needed repairs easy and affordable.
• Tax benefits: Are you planning on leasing a Chevy for business? Then you may be eligible for tax deductions.
• Easy transactions: From the moment you walk into our finance center until you leave, everything will be taken care of for you. This includes a personalized contract that suits your needs! Plus, when the lease is up, instead of finding a buyer for the model, hand it over to us. There are even buyout options available if you’d like to keep the model.

What Chevy Models Are Available to Lease?

In our showroom, we have a wide range of new Chevy models, all of which are available for our Chevy leases. Pick your favorite and our team of leasing experts will take care of the rest.

You can choose from the following popular new Chevy models or browse through our brand-new inventory to find your perfect match:

• Chevy Silverado 1500
• Chevy Trax
• Chevy Traverse
• Chevy Blazer
• Chevy Malibu