For years, the Chevy Silverado 1500 has been tackling projects on construction sites, farms and ranches while also towing boats to lake houses on the weekend. It's become one of the best-selling full-size pickups in America and continues building a fan club all over Michigan. With our Chevy Silverado lease deals, you can get a pickup that has excellent towing and hauling capability as well as that handsome Silverado exterior. Here are some of the other strengths of the Chevy Silverado and why you might want to consider leasing one from us at Shaheen Chevrolet in Lansing, MI.
Examples of our Chevy Silverado lease deals
When you check our Silverado lease deals you might find an Ultra-Low Mileage lease with a low monthly payment and a discounted amount due at signing for well-qualified lessees. These offers are typically available on select Chevy Silverado 1500 trucks and are offered for a limited time only. At the end of the lease contract Owosso and East Lansing lessees have the opportunity to purchase that Chevy Silverado for a reduced amount that will be decided when you sign the lease. You might also find a lease offer that's available for current GM employees and eligible family members that can be even more attractive.
Here’s how a Chevy Silverado 1500 lease works
A lease is just like renting a vehicle in the sense that you make monthly payments for the life of the lease contract and then return that Chevy Silverado 1500 to our dealership when the lease ends. You aren't building any cash value in the Chevy Silverado you lease but when the lease is concluded, you don't have to worry about selling it because you won't own it. You'll be responsible to pay for any excess wear-and-tear on your Chevy Silverado and also any excess miles you may have driven beyond the limitation in your lease contract.
Advantages of leasing a Chevy Silverado 1500
The key attraction in a lease for any vehicle is that you'll have lower monthly payments than you would if you got a car loan for that same vehicle. In addition, the down payment, or amount due at signing, is usually less than the down payment for a loan. A lease is a good way to try out a new vehicle to see if you like it well enough to purchase it. At the end of the lease, Lansing and Mason lessees can choose to buy the Chevy Silverado 1500 you've been leasing since you know it's been well-maintained and you will get a pre-determined discount on the purchase price.
Some differences between a loan and a lease
When Jackson and Grand Ledge customers get a loan for a Chevy Silverado 1500, they’re building cash value, or equity, in that truck every time they make a monthly payment. It's just like a cash savings account that allows you to accumulate thousands of dollars’ worth of value that you can use to pay for your next Chevy car, truck or SUV. With a lease, you aren't building cash value and at the end of the lease you have to start all over again with another new vehicle. If you’re trying to maximize your monthly cash flow, a lease is one way to accomplish that.
Why a Chevy Silverado is a good truck to lease
The new Chevy Silverado gives you a great choice of engines including a 5.3-liter V8 with 355 horsepower, a 6.2-liter V8 with 420 horsepower and a Duramax® turbodiesel with 460 pound-feet of torque. The fastest Chevy Silverado 1500 can reach 60 mph in only 5.5 seconds. The right version of this truck can also give you a towing capacity of up to 13,300 pounds and it can haul 2,280 pounds. Shop our new Silverado inventory and find out about leasing a new Chevy Silverado 1500 at Shaheen Chevrolet in Lansing, MI.