Finding the perfect
new Chevrolet is always exciting, but the steps that come afterwards can be a little confusing. Not everyone is a finance expert, so most customers have a lot of questions when it comes time to work out a method of payment. One thing that a lot of customers ask us about is whether they should buy or lease their new vehicle. Many drivers' first instinct is to buy, because then the car is all yours.
But what some drivers don't know is that leasing comes with a number of unique benefits.
Why should you consider leasing a new Chevrolet?
- You get more car for your money with lower monthly payments.
- When you're ready to get a new vehicle, leasing allows you to avoid the hassle of selling; all you have to do is return it to the dealership when your lease ends.
- Leases only last a few years; turning in your vehicle and getting a different one every 2-3 years gives you the opportunity to drive newer, better models.
- Having a vehicle for a shorter amount of time also means avoiding the costly repairs of older models.
- Helps credit scores with better debt-to-income ratio.
- Leases are always under factory warranty as long as the payments are being made.
- Leases have built in GAP coverage in case of damage or accidents
- For business owners, when leasing, payments can be a tax write-off rather than purchasing a vehicle and having it depreciate.
- You'll only be taxed on your monthly payments, rather than on the full price of the car.
- You have the option to purchase at the end of the lease term if desired, without obligation.
It's clear that there are a lot of benefits to leasing. If you have any questions about it, be sure to stop by our
finance center here at Bortz Chevrolet near Washington, PA. We will gladly tell you all about the pros and cons of leasing so you can decide if it's the best option for you. We are always happy to walk customers like you through all your finance options so you can make the best choice for your lifestyle and your budget. If leasing seems right for you, we would be more than happy to come up with a lease plan that works for you.
