When it comes to getting behind the wheel of a new Chevrolet vehicle like the capable Silverado 1500 truck or spacious Traverse SUV, you have two main options: leasing or buying. Deciding whether to lease or finance your next Chevy depends on your specific needs and preferences. If you're looking to trade in your car toward financing or leasing your next car, our trade-in advisors can assist you. Here's a look at some of the key benefits of leasing and financing to help South Bend drivers determine the best route.
Benefits of Leasing a New Chevy
Leasing a vehicle like the Chevy Equinox or Tahoe SUV offers several attractive perks:
- Lower monthly payments compared to financing
- Drive a new vehicle every few years
- Vehicle is always under warranty
- No long-term commitment
With a lease, your payments will generally be lower than if you financed the same vehicle. Drivers can take advantage of getting a new Chevy more often, usually every two to three years, when the lease term is up. You may also appreciate that leased vehicles are under warranty for the duration of the lease for added peace of mind, making them great for cruising around Plymouth, IN.
Benefits of Financing a New Chevy
For some car shoppers around La Porte, IN, financing is the preferred choice. Here are some of the top reasons to finance:
- Own the vehicle outright after the loan is paid off
- No mileage restrictions
- Freedom to customize the vehicle
- Can sell or trade the vehicle at any time
When you buy a new Chevy truck or SUV, you're investing in a vehicle that you can eventually own. You'll have no mileage limits, giving you the flexibility to take that road trip without worrying about overage fees. Financing also allows you to modify your vehicle however you like, whether it's adding a brush guard to your Silverado 1500 or a roof rack to your Traverse.
Contact Us to Learn More
Still not sure whether leasing or buying is right for you? We'll take the time to understand your needs and budget to guide you towards the best option. Browse our extensive new Chevy SUV inventory online, then visit our dealership to test drive your favorites. Gates Chevy is your premier destination for leasing or buying your dream vehicle, whether you are in the market for a new car, truck, SUV, or Chevy EV.