Buying vs. Leasing – What’s the Difference?

If you’re like most folks in Lakeland or Haines City shopping for a new vehicle, then there’s a good chance that you’re working on a budget. This means you probably won’t be paying for your new car up front. Instead, most people who shop here at Chevrolet Center will choose to finance or lease their new vehicle.

 

 

 

Benefits of Buying

Many people who come to our dealership from Davenport and the surrounding areas want to finance their vehicle. There are a variety of different advantages, including:

  • Ownership – Each monthly payment you make on a financed vehicle is helping you build equity on a used or new Chevy vehicle like the new Chevy Equinox. By the time you finish paying off the vehicle – usually 36, 48, or 60 months – you’ll own the car outright.
  • Customization – When you own your car, you can do what you want with it. Add a custom paint job, put in a custom stereo system, or install performance-enhancing equipment. You won’t be penalized for making it your own.
car key in ignition

 

 

Car Salesman Speaking with Couple

Benefits of Leasing

The other option is to lease a vehicle. With this option, you borrow the car for a period of time and have the option to purchase it or return it when the lease term is up. There are also a variety of different advantages to leasing as well:

  • Affordability – In general, vehicle leases come with lower down payments and lower monthly payments. This means that you can afford to drive a nicer vehicle for less, while keeping more money in your account every month.
  • Newest Features – Leases usually come with shorter terms than financing plans, usually 24 or 36 months. This means that as soon as your lease is done, you can bring it in and get a new lease on a vehicle with the latest technology, performance, and design features installed.

 

 

Explore Your Finance Options at Chevrolet Center

Which is the better option for your next car? Visit Chevrolet Center to take a test drive and chat with our finance staff about the differences between financing and leasing. Browse our inventory like the available Chevrolet Cruze models, or you can contact us to visit our showroom in Winter Haven.

 

 

More from Chevrolet Center

  • Grove Roots Brewery in Winter Haven

    Whether you’re a hop head or a total beer novice, Grove Roots Brewery in Winter Haven can introduce you to brand new flavors that you’ve never experienced before. This modern taphouse prides itself on a commitment to innovation and authenticity – and of course, amazing brews. From bright and citrus-laden pale ales to rich roasted…

  • Explore the 2020 Chevy Equinox Colors

    Shopping for a versatile SUV in Lakeland that perfectly suits not only your driving needs, but also your unique personality? Check out the 2020 Chevy Equinox at Chevrolet Center! With four well-equipped trim levels and 10 vibrant new Chevy Equinox colors to choose from, it’s easier than ever to configure your dream SUV in Winter Haven. Learn…

  • 2020 Chevy Traverse Towing Capacity

    When searching for an SUV that will be there for you through every job task and Lakeland weekend adventure, look no further than the 2020 Chevy Traverse. In addition to impeccable engine performance and a well-appointed interior the Chevy Traverse towing capacity is capable of reaching 5,000 pounds – enough to haul a compact camper…

Filter
Filter Results ×
Live Chat
Share This ×

Choose How To Share:

Contact
Contact Us ×

(863) 294-7371

Call Now

101 Cypress Gardens Blvd • Winter Haven, FL 33880

Get Directions

Today's Hours:

Open Today! Sales: 8:30am-7:30pm

Open Today! Service: 7:30am-5:30pm

Open Today! Parts: 7:30am-5:30pm

[schema type="organization" orgtype="LocalBusiness" url="www.chevroletcenter.com" name="Chevrolet Center" description="" street="101 Cypress Gardens Blvd" city="Winter Haven" state="FL" postalcode="33880" country="United States" email="lforsythe@chevyctr.com" phone="(863) 294-7371" logo="https://di-uploads-pod10.dealerinspire.com/chevycenter/uploads/2017/04/CCLogo.png"]
Chevrolet Center
Chevrolet Center
lforsythe@chevyctr.com
101 Cypress Gardens Blvd
Winter Haven, FL, 33880 United States
(863) 294-7371
https://di-uploads-pod10.dealerinspire.com/chevycenter/uploads/2017/04/CCLogo.png
Chevrolet Center 28.0049718, -81.7276861.