Five Surprising Chevrolet Lease Benefits

Can’t decide whether buying or leasing is best? These are a few of the perks of a Chevrolet lease at Woodhouse Chevrolet, which may make it the best fit for you.

Consistent Upgrades

Buyers often opt to keep their vehicle until their loan is paid in full, which is over five years for many buyers. However, leases typically last only two or three years. This way, you can enjoy consistently upgrading to the latest models, so you’ll always have the newest features and amenities.

Convenient “Trade-in” Process

When you sign your lease contract, you agree to a fixed term. After it’s up, you can either return your vehicle to the dealership or buy it. Either way, you avoid the hassle of selling your car on your own.

Avoid Depreciation

New vehicles lose so much of their value in the first year alone. This can make them a financial risk because you could have negative equity in your car. By leasing, you only pay for driving the vehicle rather than owning it to avoid that risk.

Warranty Coverage

Typically, leases will last three years or less, meaning you’ll have the peace of mind of warranty protection during your lease. Also, you’ll usually save on maintenance and repair costs because you won’t own the vehicle long enough to see severe wear or damage.

Lower Monthly Payments

Frequently, you’ll see lower monthly payments when leasing rather than buying. You only pay for the depreciation incurred during the lease term rather than the car’s total cost, which can help you save thousands.

Leasing a New Chevrolet Vehicle

Want to learn more about leasing one of our new Chevrolet vehicles? We encourage you to stop in and see us at Woodhouse Chevrolet to visit with our financial experts today!