Should I Lease a Car?

July 31st, 2013 by

Sales situation in a carWould you believe that “should I lease a car?” is one of the most common questions the experts on our finance team are asked here at Cox Chevrolet?

Whether it’s drivers that aren’t quite familiar with what a lease is or those that just can’t decide if they’re wanting to make the investment necessary to finance a new vehicle, there are many reasons why we hear that question.

So we thought we would give you some of the benefits of leasing, and the next time you hear someone ask “should I lease a car?” you’ll have a good answer for them.

Benefits of Leasing a New Car

One of the first things drivers seem to notice when they start out on their first lease is that the monthly payments are surprisingly low. This is not some gimmick, and is, in fact, one of the main reasons why so many drivers are choosing to lease:

  • By agreeing to only pay for the wear and tear you put on the vehicle, you are not paying for the full price of the auto you’re leasing, making it easy to cut monthly payments down by as much as half in some cases.

We said “one of the benefits,” though, and believe us, there’s more to it than just a lower monthly payment. Do you remember the last time you had a vehicle start to get old and have problems start occurring left and right? Well, those problems aren’t your problem when you lease. If you do have any issues during the terms of your lease, very rarely is it not covered by the warranty, and since you’re leasing for usually around 3 years, you won’t see yourself leaving that warranty before you get into a new car.

That, actually, is the other huge benefit to some drivers. You get access to the latest in auto technology without having to trade in your old car and buy a new one every year. Even if you don’t have to have the most recent model of the car you want, it’s still nice to know that you’ll always have a new car when you lease.

Start a New Lease Today

If you have any questions about leasing, feel free to contact our sales experts. Better yet, just drop on by and ask to take a test drive of a brand new Chevy. We can’t wait to see you.