Buying Vs. Leasing

BUYING

Purchasing a vehicle allows you to have ownership over the car once you either pay for it in cash or pay off the auto loan. With ownership, you are able to customize the car and drive it as much or as little as you desire so you can make the most of your driving experiences.

While a loan may end up being more expensive than a lease, it is easier to get a loan than it is to secure a lease. Later down the line when you're ready to purchase a new vehicle, you can also trade in your old vehicle, and the dealer will subtract the value of that vehicle from the new vehicle's price.

LEASING

When leasing, you don't have to pay for the entirety of your vehicle since you only spend money on the depreciation that takes place throughout the lease term. As a result, monthly lease payments tend to be less expensive than monthly loan payments, letting you spend less overall on your vehicle. Lower monthly payments also allow you to lease a more luxurious vehicle than you could afford to loan. In addition, the vehicle you lease will be covered by warranties for most if not all of your lease term, which means you may not have to pay for any routine maintenance or repairs. Once your lease term comes to an end, it's easy to return your car to the dealership and then select a new car. At Dave Kehl Chevrolet, our knowledgeable staff is available to walk you through each step of the shopping process. Stop by our dealership to check out our large selection of Chevrolet vehicles.