Do You Want to Buy or Lease Your Next Chevy?
When it comes to finding a vehicle in Lansing, you'll have a couple of options to choose from. Buying and leasing a vehicle both come with benefits and a few disadvantages. So, it's best to know the difference between the two, so you'll understand what you're getting. You can't go wrong with either option, but one could be a better fit for you and your driving style. Let's help you get a better idea of each option before you make a decision.
The Difference between Leasing and Buying
When you lease a vehicle, you and the dealership will enter an agreement for the next 1-3 years. When your lease begins, you'll sit down with the dealership representative and determine the length of your lease and the annual mileage. Generally, a lease contract can last from 1 to 3 years with an annual mileage of 10,000, 12,000, or 15,000 miles. Lease payments are also lower than when you buy a vehicle because you avoid much of the vehicle's depreciation. With this, you'll have the freedom to drive the newest models of your favorite automakers as often as you'd like.
If you decide to purchase a vehicle, then it's yours. That means there's no annual mileage limits or other stipulations. You can customize your vehicle in East Lancing in whatever way you choose. And, you'll have the option to sell your vehicle once it has been paid off, which can equal more money if the resale value is high. Buying a vehicle is more of an investment and a desire to own a vehicle outright.
Who is Leasing Good For?
Leasing is good for people who aren't home often and don't need it unless they're in town. It's also good for people who want to avoid paying costs for repairs since their lease is usually still covered by the original warranty. If you don't want to invest in a vehicle or deal with any issues that could arise post-warranty, then leasing will be a great fit for you as well. It all depends on your driving needs in Charlotte, MI. Ask us any leasing questions!
The lease-end process is fairly simple. Even if you haven't leased a vehicle before, it's easy to understand the steps. A few months before the lease for your Chevrolet Silverado or Equinox is up, we'll contact you for an advanced inspection. When your lease end arrives, you'll return the vehicle to us in the same condition. That means keys, spare tires, and other accessories that came with the vehicle. After the final inspection, you'll be billed for any overages and free to select another Chevrolet Tahoe or Traverse to lease.
You'll be able to check out the various low-payment vehicle specials we have going on at our dealership. There's nothing like driving a new Chevrolet Trailblazer or Chevy Colorado and saving money in the process. You can browse our full selection of lease specials and find the deal that suits your budget in Mason, MI.
Shop Shaheen Chevrolet
If you believe that leasing a vehicle is the best option for you, that's great! Because we've got an expansive inventory of new Chevy cars, trucks, and SUVs here for you today. If you have any other specific questions about what a lease term entails, you can visit our lease FAQ page or contact one of our sales professionals to get the answers you need. And, when you're ready, you can stop by and take one of our vehicles for a test drive in Lansing, MI. We're sure you'll fall in love with one of our high-performing options as soon as you step inside. We'll see you soon.