When you’ve decided on your next vehicle, you can choose between buying or leasing it. There are benefits to both options. As your Chevy dealer, we want to advise you of the potential benefits when you choose to buy or lease.
Buying a Car
You Own the Car
If you buy a car, you get the title for the car. It’s yours, and you can choose to sell or trade it in the future if you want to. The car is an asset. If you use your car only for business, you can deduct the costs for ownership and operation on your tax forms. This is subject to certain limitations specified by the IRS.
You Can Choose Everything
When you buy a car, you can specify everything from the paint color to the tires. You can also choose any accessories or options that you want. If we don’t have your perfect vehicle on our lot, we can order it directly from Chevrolet, or you can order it yourself on the website for collection from us.
No Mileage Limitations
When you own your car, you have no limitations on how far you drive. The only thing to consider is that the more you drive, the sooner you will need to visit us for your Chevy’s regular services. You’re free to enjoy your car as much as you want.
Leasing a Car
Lower Payments
A car lease involves lower initial charges than buying a car. Your monthly lease payments are generally lower than finance payments, and you often don’t require a downpayment for a lease.
You Can Change
When you lease a car, the lease period is usually two to three years. Once the lease is up, you can choose to extend the lease with the same car, buy the car, or choose a lease for a different model.
Latest Technology
Since your lease is for a limited time, you can easily upgrade to the newest model every few years. This gives you access to the latest technology.
No Maintenance Costs
When you lease a car, your service and maintenance costs are included in your lease payments. There are no additional costs to pay.
As you can see, there are benefits to either choice. Ultimately, the choice to lease or buy depends on your personal choice and your lifestyle needs. Visit us today at Hansen Motors of Brigham City. Our friendly consultants will provide all the information you need to decide and will guide you through the sales agreement or lease agreement. You’ll drive away in the car you want sooner than you think.
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