Leasing vs. Buying a Car Near Waterbury, CT
When drivers come to Middletown Chevrolet for a new vehicle, they typically have two major options when it comes to financing: leasing and buying. If you're confused about which one works best for you, the Middletown Chevy finance department can help you decide.
Buying a Car at Middletown Chevy
The main advantage of buying a car is that it's yours. Each loan payment builds equity in your vehicle and you've finished paying off your car note, it's totally yours. That means you can do what you want with it, from customizing it with genuine Chevy accessories to painting it your favorite color. You can drive your car as much as you like, take it with you if you move out of the Waterbury, CT area, and even sell your vehicle and put the money towards a new one.
Leasing a Vehicle Near Waterbury
Leasing a vehicle is a lot like a long-term rental. Leases typically last two to three years and typically have a mileage cap. When the lease period is up, you simply bring your vehicle back to Middletown Chevrolet. If you don't want to commit to a vehicle for a long period, leasing can make a lot of sense.
While your lease lasts, you'll likely have a warranty for the entire duration of the lease. This will likely cover unforeseen repairs and may cover other kinds of maintenance. In addition to saving money on maintenance, your lease payment will likely be lower than a typical car note.
When you lease a vehicle, you're likely going to be leasing a new car with all the latest bells and whistles. That makes leasing great for those after the latest and best as well as those who want to try a vehicle before they buy.
Should I Buy or Lease a Vehicle?
Whether you choose to buy or lease a vehicle depends on your lifestyle and preference. If you're not sure which option to choose, talk to a member of our finance team. They can take you through the different benefits of each option and help you decide which best fits your budget. Tools like our payment calculator can also help you see what your monthly payment might be.
You can also apply for financing online before you step foot into our dealership. As soon as you complete your application, our finance team will start working on it. By the time you come in for a test drive, we'll have all the needed information ready for you.
Leasing vs. Financing at Middletown Chevy
Whether you decide to lease or buy your next Chevy vehicle, our team at Middletown Chevrolet is here to help. From start to finish, you'll experience the fantastic service that has made Middletown Chevy a destination dealership.
Ready to test drive some Chevy vehicles? Contact us to schedule today or contact us with any questions.
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