IS IT BETTER TO LEASE OR BUY A CHEVROLET CAR?

September 21st, 2021 by

Once you find a new vehicle at Johnny Londoff Chevrolet, you have an important decision to make. Do you lease that Chevy vehicle or do you buy a Chevrolet car instead? Leasing and buying both have their own advantages.

Here’s what you need to know about each option before you commit.

When to Buy

Buying is a great idea if you plan to keep your car for a long time. This works out well financially, and your cost of ownership plummets once you pay off your loan and just have to worry about things like gas, maintenance, and insurance costs.

It’s also a good idea to buy if you drive a lot. Leases often limit how much you can drive each year, usually to 12,000 miles or so. If you have a long commute, travel frequently for work, or just generally put a lot of miles on your vehicles, buying is the way to go.

When to Lease

Leasing is ideal for drivers who don’t keep cars for that long. If you like to upgrade every few years, a lease makes it easy to do that. Turn in your car at the end of the lease and get something else. No need to worry about a trade-in or anything like that. You just get the chance to experience a new Chevy vehicle with the latest upgrades and tech.

Leasing also tends to be less expensive. Your monthly payments will be lower, which means that you can sometimes get more car for your money with a lease. Your budget might be able to go a bit farther, allowing you to get a car that offers more features and amenities.

If you have any more questions, visit our Chevy dealership in Florissant, MO. Our knowledgeable new car dealers and financing experts are ready to assist you!

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