Buying vs. Leasing: Which Should You Choose?

Deciding whether to buy or lease can be tricky. While buying your next car gives you the freedom to do whatever you want with it, leasing makes it much easier to have a vehicle with the latest bells and whistles. As most drivers around Syracuse and Fayetteville will come to find, there are several factors. So when you’re looking at new vehicles for sale, it’s worth diving into the details about whether you’re better off financing or leasing.

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Benefits of Leasing

When you choose to lease, you are essentially borrowing your Chevrolet model for a predetermined period of time. When the lease term is up, you can return the vehicle, and in some cases you might have the option of buying it outright. Some of the advantages of leasing include:

  • Cost – Leasing a vehicle usually requires a smaller down payment and a lower monthly payment than purchasing one. With a lower down-payment, you may be able to get the car you want at a price you can afford.
  • The Latest Features – Most leases last 24 or 36 months, meaning that, when your lease ends, you can return the vehicle and swap it out for an even newer version.
car key in ignition

 

 

Benefits of Buying

Utica drivers may find that the advantages of financing work better for them than leasing. Some of the advantages of that approach include:

  • You Own It – You’re building equity with each payment you make. Whether your loan lasts 36, 48, or 60 months, you’ll own the car at the end of it.
  • Customize – Since you’ll own the car, you can make whatever modifications you please. Want a new paint job or stereo system? When you buy, you can do that!
Car Salesman Speaking with Couple

 

 

Explore Your Options at Sun Chevrolet

Whether it’s better to buy vs. lease will depend on your circumstances, but we’re here to help. If you are debating whether to trade in your current vehicle or sell your car online, we can help with that too. Drop by Sun Chevrolet to take a test drive and discuss your options with our finance team. Contact us online to learn more, or simply visit our dealership in Chittenango.

 

 

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104 West Genesee St • Chittenango, NY 13037

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Sun Chevrolet

104 West Genesee St Chittenango, NY

Phone: (866) 496-0972

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Phone: (866) 496-0972

104 West Genesee St Chittenango, NY

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104 West Genesee St Chittenango, NY
43.0425826 -75.8692652
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Sun Chevrolet
Sun Chevrolet
104 West Genesee St
Chittenango, NY, 13037 United States
(866) 496-0972
https://www.newcarking.com/wp-content/themes/DealerInspireDealerTheme/images/logo.png
Sun Chevrolet 43.0425826, -75.8692652.