Benefits of Buying vs Leasing | Bartow, FL
Choosing to buy a new vehicle is a big decision! But, figuring out how you are going to finance it may be an even more complicated choice. Luckily, the finance experts at Stingray Chevrolet Bartow are here to help you navigate the buying or leasing process of vehicle ownership. Here is a closer look at the benefits of buying and leasing.
Benefits of Buying
When you purchase a new Chevy from Stingray Chevrolet Bartow, the vehicle is completely yours! You are the first owner and you can customize, upgrade, or accessorize the vehicle to your preferences. With a lease, you cannot alter the vehicle, must keep it pristine to avoid repair fees, and can only drive it a certain amount of miles. You have multiple sources to secure your car loan from banks and credit unions to other financial institutions, so you can find the most advantageous rates for your budget. Eventually, once you pay off your car loan, you will own your new Chevy outright. When it is time to move on to another vehicle, you can trade-in your current model at our dealership or sell it on your own.
Benefits of Leasing
When you lease a vehicle with us, you will have access to the latest tech for safety and entertainment, innovative features, and modern design available on the market. Plus, you will drive away with factory-backed warranties, including some covered maintenance visits, so you have no worries about unexpected service costs. Since your lease typically runs when your vehicle operates at its best, your stops in the service bay will be even less! Leasing a vehicle may also offer you a chance to upgrade to a more expensive model or trim level that would stretch your budget too far if you opted to buy. When your lease is up, you can bring it back to us and sign up for a lease on a new model, opt to buy the model, or walk away completely, car-free.