Whisler Chevrolet Company

Lease Vs Finance

When it comes to getting behind the wheel of a new Chevrolet, you have two primary options: leasing or financing. At Whisler Chevrolet Company in Rock Springs , we want to help you make an informed decision that suits your lifestyle and budget. Let's explore the benefits and considerations of both leasing and financing your next Chevrolet, whether you're interested in a new Silverado truck, Equinox SUV or any of the other great Chevy models for sale in our showroom.

CONTACT US

Benefits of Leasing a Chevrolet

Leasing a new Chevy Trax or Trailblazer can be an excellent choice for drivers who enjoy driving the latest models and want lower monthly payments. Here are some key benefits of leasing:

  • Lower Monthly Payments: Lease payments are generally lower than finance payments because you're only paying for the vehicle's depreciation during the lease term.
  • Drive the Latest Models: Leasing allows you to drive a new Chevrolet every few years, ensuring you always have the latest features and technology.
  • Warranty Coverage: Most lease terms align with the manufacturer's warranty, meaning you'll have fewer out-of-pocket expenses for repairs and maintenance.
  • Flexible End-of-Lease Options: At the end of your lease, you can choose to lease a new vehicle, purchase your leased vehicle, or simply return it.

While leasing offers many benefits, there are also a few considerations to keep in mind:

  • Mileage Limits: Leases come with mileage limits and exceeding them can result in additional fees.
  • Wear and Tear: You may be charged for excessive wear and tear at the end of your lease.
  • No Ownership: At the end of the lease term, you don't own the vehicle unless you choose to buy it.

Benefits of Financing a Chevrolet

Financing a Chevy is ideal for those who want to own their vehicle outright and drive it for many years. Here are some advantages of financing:

  • Ownership: When you finance a Chevrolet, you own the vehicle once the loan is paid off. This means you can drive it as long as you want without any mileage restrictions.
  • No Mileage Limits: Unlike leasing, financing doesn't come with mileage limits, making it a great option for long-distance drivers.
  • Customization: Owning your Chevrolet allows you to modify and customize it to your liking without any restrictions.
  • Equity Building: As you pay down your loan, you build equity in your vehicle, which can be used as a trade-in value for your next purchase.

Financing also has its considerations:

  • Higher Monthly Payments: Monthly payments for financing are typically higher than leasing payments.
  • Depreciation: The vehicle's value depreciates over time, which can affect its resale value.
  • Maintenance Costs:As the vehicle ages, you may incur higher maintenance and repair costs.

Which Option Is Best: Leasing or Financing?

Choosing between leasing and financing depends on your personal preferences and financial situation. If you prefer lower monthly payments and driving a new vehicle every few years, leasing might be the best option. However, if you want to own your vehicle and drive it without restrictions, financing could be the better choice.

Our local dealer is here to help you explore your options and find the best fit for your needs. Contact Whisler Chevrolet today to speak with our finance experts and learn more about our current offers on leasing and financing a Chevrolet in Wyoming. Visit our Rock Springs Chevy dealership or schedule an appointment online to get started.

Read More: Why Buy from Whisler Chevrolet?

Whisler Chevrolet Company

2200 Foothill Blvd, Rock Springs, WY 82901

Contact Us

Hours

Monday 8:00AM - 6:00PM
Tuesday 8:00AM - 6:00PM
Wednesday 8:00AM - 6:00PM
Thursday 8:00AM - 6:00PM
Friday 8:00AM - 6:00PM
Saturday 9:00AM - 5:00PM
Sunday Closed
Monday 8:00AM - 6:00PM
Tuesday 8:00AM - 6:00PM
Wednesday 8:00AM - 6:00PM
Thursday 8:00AM - 6:00PM
Friday 8:00AM - 6:00PM
Saturday Closed
Sunday Closed
Monday 8:00AM - 6:00PM
Tuesday 8:00AM - 6:00PM
Wednesday 8:00AM - 6:00PM
Thursday 8:00AM - 6:00PM
Friday 8:00AM - 6:00PM
Saturday Closed
Sunday Closed