Leasing vs Buying A Chevrolet
Once you’ve picked out your next Chevy car, truck, or SUV from the new vehicle inventory at Mike Anderson Chevrolet of Merrillville, it’s time to decide between leasing vs. buying. There are benefits to each type of payment plan, so keep reading to learn more about the differences between buying and leasing a new Chevy from our dealership in Merrillville, IN.
Through the Chevy financing center at our dealership in Merrillville, IN, you will have access to a team of experienced financial experts ready to help you every step of the way. You can apply for financing online from your own home or office, and use our credit score estimator to find out where you stand ahead of time.
How Leasing Works
Leasing a Chevy at our dealership in Merrillville, IN is an excellent way to experience the excitement of driving a new model with the latest in tech, safety, and performance features. Leasing typically lasts several years, includes a low monthly payment, and often contains extensive warranty coverage. Since you’re only paying for the vehicle for the period of time you drive it, you won’t need to worry about long-term depreciation. At the end of your lease, you’re free to return it to the dealership or opt to buy the vehicle.
Explore lease specials now to find out how you can save.
I’m still not sure about Leasing!
Leasing is steadily growing over the years! 25 years ago, leasing was reserved only for businesses. Stability is an important factor, a person’s personal relationship (marriage) lasted 30-40 years, people were in the same home 30-40 years and they could be in the same job for 30-40 years.
In this day and age, the movement in financial capability, personal growth etc have made leasing a very viable option. In addition, there are a lot of unforeseen financial stresses that can hurt a family and when they are in long-term loans with high payments. Leasing gives a person a very affordable option
Some important reasons for why you should seriously consider leasing:
Never worry about negative equity.
Payments are much lower than a purchase since leases are usually for half the term and cost of the vehicle.
Mike Anderson Merrillville also provides Free Gap Insurance.
You can get a New vehicle every 2- 3 years.
Taxes are paid on the payment only and not the entire vehicle.
You’re not going to be stuck into a long-term loan.