Leasing vs Financing

Do you find it challenging to decide whether to lease or finance your vehicle? No worries, the team at Martin Chevy is here to assist you in selecting the ideal choice based on your budget and lifestyle requirements. With Martin Chevy leases, you have the freedom to trade in or buy out the lease without any complications. On the other hand, financing provides complete ownership of the vehicle, enabling you to drive without restrictions on mileage, customize the car, sell it, and more! Read on to explore the advantages and disadvantages of leasing and financing.

Financing Benefits

• Each payment is working toward full ownership of your luxury vehicle.
• There are no mileage limits to adhere to.
• You have total freedom to customize your vehicle as you please.
• If you wish to sell your vehicle in the future, you may do so at any point in time.
• With good credit, you may be able to refinance in the future and save.

Financing Disadvantages

• Financing generally features higher monthly payments than leasing.
• You are required to put in a down payment when you finance.
• Warranty coverage isn’t throughout your whole ownership.
• The moment you buy new, your vehicle will depreciate.

Chevrolet Leasing

If you enjoy having the latest technology, design, and features without making a long-term commitment, leasing might be the perfect option for you. With a lease, you can enjoy a brand-new Chevrolet every two to three years and pay a smaller amount upfront. Additionally, during the entire duration of the lease, the manufacturer's warranty covers most routine maintenance costs and repair issues, which means you won't have to worry about unexpected expenses.

Chevrolet also offers the Chevrolet Advanced Lease Protection, which is a competitive add-on that provides extra services and protection during and after the manufacturer's warranty. With this offer, you can enjoy additional coverage and peace of mind.

Leasing Benefits

• Enjoy new vehicle performance and the latest technology features.
• Lower monthly payments and a lower down payment.
• The cost of maintenance is lower with warranty coverage throughout the lease.
• You can drive a new vehicle every two or three years.
• The trade-in process at the end of your lease is easy.

Leasing Disadvantages

• Leases have a limit to the miles you can drive, and going over can be expensive.
• Turning in your lease can open the door to possible required repairs charges.
• Unlike financing, leases do not allow any modification without approval.
• Leases don’t help you build equity or count as an asset.

Why Choose Martin Chevrolet?

We handle every transaction in a very simple, straightforward, and transparent manner, and our goal is to make your car-buying experience enjoyable. We call this Martin True Deal. We outline the benefits of choosing Martin Chevy for your next vehicle purchase in every price quote we perform. This is one of the many reasons why it is valuable to choose us as your preferred Chevrolet dealer. Some of the benefits we offer at Martin Chevy that differentiate our dealership from others include:

• Competitive pricing on all cars and services
• Lifetime "Free" oil changes
• Free car wash with every service
• Express service with 25 service bays
• Extended service hours and free shuttle service

Leasing & Financing FAQs