Lease vs Finance

Should I Buy or Lease My Next Chevrolet At DeFOUW Chevrolet?

With so much to consider when it comes to car shopping, you may need a little assistance when it comes to buying or leasing a new Chevrolet. Luckily for you, if you’re not exactly sure which option is right for you, our team here at DeFOUW Chevrolet in Lafayette, IN is here to break down the advantages of each option to help you discover a personal financing option that aligns with your budget and everyday driving needs! 

Why Lease?

For a short-term commitment, our team recommends considering the current lease options on new vehicles. The flexibility of this financing avenue is advantageous in the following ways:

• Lower monthly payments
• Minimized down payments
• No trade-in provisions
• Some new vehicle ownership privileges
• Warranty coverage on leased vehicles
• Opportunity to purchase the vehicle at the end of the lease agreement

Why Buy?

A long-term ownership outlook is expected when choosing to buy a vehicle over leasing, with privileges that match this specific theme. These factors are as follows:

• Avoid mileage restrictions
• Customize to your liking
• Avoid wear and tear charges
• Build equity through investment
• Pride in ownership
• No monthly payments after loan is paid off

Learn More From Our DeFOUW Chevrolet Finance Center in Lafayette, IN

Ready to dig deeper into this conversation? Our finance experts are available for consultation at our convenient Lafayette, IN dealer location today! With that being said, if you’re interested in hearing a bit more about our financing options, our new vehicle inventory, you would like to schedule a test drive in a vehicle that caught your eye, or you would like to apply for financing today, please don’t hesitate to contact us online or stop by to pay us a visit here at DeFOUW Chevrolet, conveniently located at 320 Sagamore Parkway South in Lafayette, IN.