Should I Buy or Lease?

June 1st, 2021 by

Happy couple holding keys to their new car

Should I Buy or Lease?

Determine the Difference: Buy vs Lease

At Spitzer Chevrolet Amherst, our team is dedicated to stocking a premium assortment of new, used, and certified pre-owned vehicles. We are also committed to enhancing your car-buying experience and help you answer the question: Should I buy or lease? Our Chevy dealership is pleased to host a team of expert finance professionals who can outline the differences that occur when you buy or lease while helping you determine a car buying budget.

Contact us at Spitzer Chevrolet Amherst today and learn about the differences between the important decision to buy or lease your vehicle.

The Benefits of a Car Lease

When deciding to lease or buy a car, it’s important to know the pros and cons of each option. While a car loan is the most traditional route, for individuals who prefer to keep vehicles short-term, it’s time to uncover the benefits of a lease. When leasing a vehicle, you are basically renting an all-new Chevrolet model for 36 months.

The loan terms will identify the number of miles you can drive per year and you are required to make monthly payments. Lease payments are typically more affordable than auto loans and it’s often more affordable to upgrade to a premium trim level with lease contracts.

One of the most obvious lease benefits is that you get to drive a new heavy-duty pickup truck, sedan, SUV, or coupe during its most trouble-free years and with an active manufacturer warranty. If you don’t mind a mileage limit and want to take advantage of leasing company specials, then the decision to buy or lease is a no-brainer.

Once the lease terms end, all you have to do is return the car after an inspection for excessive wear or tear. If you decide to buy your leased vehicle, the team at Spitzer Chevrolet Amherst will work with you to secure low interest rates or even end the lease early.

The Benefits of an Auto Loan

If you choose to buy vs lease, you most likely plan to keep your vehicle long-term. In the long run, buying vs leasing is a better option when you prefer to customize or accessorize your vehicle and want to keep it for more than three years. When you buy vs lease, our finance team will seek out affordable interest rates and protection plans while also presenting accessories to maximize your comfort and your style in a new Chevrolet model.

Once you’ve made all monthly payments for a car loan, you own the vehicle outright. This gives you the freedom to sell it outright, trade it in at our Chevy dealership or keep it.

Should I Buy or Lease? The Ultimate Decision

The team at our Chevy dealership is here to help you make the ultimate decision to buy or lease. Our sales professionals are eager to showcase our new, used, and certified pre-owned inventory while our finance team is eager to present incentives and specials for when you buy or lease. Learn more about the benefits of both options and make an informed decision to buy vs lease when stopping in at Spitzer Chevrolet Amherst.

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