Considering a Lease? You Should Be. – Buford, GA

If you’re currently looking for Chevy lease deals then you can only be one of two people. You’re either looking for lowest monthly payment or you’re looking for a shiny new car with no strings attached. Either way, you’re economically sensible and don’t have time to deal with a car that’s constantly in the shop. There’s a certain beauty to leasing a car. All of the benefits, none of the worries and a cheaper monthly payment. You’re always in a recent model, reliable cars and have the option to upgrade every year or two. At no point do you have to worry about going upside down on a loan or worry about selling an old beat up car. If you want to be driving around in some of the latest Chevy’s, a lease option is almost always going to be your cheapest option.

Invest Your Money Elsewhere

When you have a lower monthly payment, you have an opportunity to put that extra capital to work elsewhere. You’re also saving money on interest when you lease a vehicle. When you get a loan from the bank, you are not only paying for the car, but you are also paying the bank for the privilege of borrowing the money. When you lease a vehicle you only have a monthly expense, not a depreciating asset that you pay a premium to borrow for. Even so much as saving $25 a month will still put an extra $300 in your pocket per year. We’re sure you can think of dozens of better things to do with that money rather than spend it on a monthly bill.

The average loan is quite longer than a standard lease. Does your situation allow for a long commitment, or do you need more flexibility? If you can stick with a car through thick and thin, by all means, purchase a car and take care of it. However, if your situation dictates that you might need to sell the car within a few years, it makes no sense to go through the hassle of getting a loan just to turn around and put in the time and effort to sell it. With a lease, you get a reliable car, for a lower payment and with less strings attached.

Pop Out of the Background

The other major advantage of leasing your car is that you frequently have the option to get a new car when your lease is up. If you’re still new to car ownership and not sure exactly which style of car is best for you, a lease gives you this flexibility. You might want a truck now, but are you sure you’re going to want to fuel it for the next five years? You don’t have to take out a large loan to try the truck out for a few years. Sure, right now you think you need a Chevy SUV to get your family where they’re going, but in three years will your kids even need rides from you anymore? It might make sense to lease a large car now and then revisit your situation later. Maybe in a few years, your kids will be driving their own vehicles, and you can finally get that Chevy Corvette you’ve been eyeing since you were a teenager.

When you lease a vehicle, you are constantly driving something exciting and new. Your arrival becomes synonymous with surprise and people will take notice. You’re never in one car for long, so you get to experience a wide variety of automobiles. When your car makes a funny noise two years into a six year loan, you try to justify the noise so that your sanity is spared in the long run. If your lease has a little quirk that occasionally bugs you, you can take pride in knowing that you can just not renew the lease. Every car is different, and there is no “one car fits all.” If you require flexibility and enjoy the idea of “try before you buy,” then a lease can meet your needs.

Return It When You’re Done With It

If you’ve ever sold a car before, you know all of the drama that comes along with it. You need to research an appropriate price, you need to clean it up, and you need to negotiate with others. You need to advertise the car and weed out who is genuinely interested in a fair deal. Once you have some interested buyers, you need to invite them to check out the car and then either take the first deal or try to get the buyers to outbid each other. In the end, you need to make sure all of the paperwork is signed and that the buyer is paying you in valid currency. The car selling process is a whole ordeal that doesn’t always guaranty that the car leaves your driveway.

When selling a car, the car always appears nicer from your point of view. After all, when you sell a car, that car was your baby. You’re amazed that she only has a few small dents and a little rust. When you go to present the car however, these little things are picked apart, and a low offer is thrown your way. With a lease, you never have to worry about rolling up your sleeves and negotiate. As long as you’ve taken reasonable care of the car, you can hand the keys to the dealership and never see that car again.

You Can Always Keep It

So you’ve decided to go with a lease to test out if you can enjoy that sporty coupe as much as you think you can. After two years, you’ve decided that you absolutely love the car and you want it to be a part of your life for a long time to come. In 99% of cases, dealers will be happy to sell you the car after your lease is up. Granted, you will have to go through all of the steps that the lease has helped you avoid up until this point. At least when you go to purchase or finance the car you know exactly what you are getting yourself into. There is no feeling of “I hope I like this car.” You already know this car inside and out so financing it no longer becomes a daunting task. You’ve reduced most of the risk that comes with a car investment. Just because you have the option to upgrade every few years does not mean that you are required to. The choice is yours.

You Decide

Only you can decide if the pros of leasing a vehicle is worth it. On a lease, you will be limited to how many miles you can drive in a year (without incurring a fee) but you can otherwise drive around carefree. You’ll always be in a reliable vehicle, you’ll have more money in your pocket on a monthly basis and you have more flexibility. Just like before you make any major purchase, take the time to list out all of your possible options. When you have all of the information you are able to make the most informed decisions. When you make an informed decision, you are much less likely to regret your choice. When you’re ready to pull the trigger on acquiring that new car, contact us at Rick Hendrick Chevrolet of Buford, Georgia. We will be here to assist you.