Chevrolet Lease Dallas TX
Chevrolet Lease Dallas, TX
If you embrace the idea of getting behind the wheel of a new GM vehicle every few years, leasing may be the right choice. A car lease is a popular type of auto financing that allows you to “rent” a car from a dealership for a certain length of time and miles. You’ll typically make monthly lease payments on a vehicle, and the dealer allows you to drive it in exchange. When you lease, you’re not as constrained by the vehicle’s overall price because you only pay for the portion you use. You can consider vehicles with more options, trade in your car for the latest model more frequently, and align the lease term to the vehicle warranty period for greater peace of mind.
Benefits of Leasing a Chevrolet
Every Chevrolet lease has several benefits that could make leasing a much better deal for you. The most popular has to be the lower monthly payments. Down payments for a vehicle purchase can run up to 20%, but a lease often requires little to nothing for a down payment. Because lease terms are so short, most repairs will be covered by the manufacturer’s bumper-to-bumper warranty. There is some truth to the adage that a vehicle decreases in value when it leaves the lot. If you lease and drive to the end of your agreement, you can enjoy driving without worrying about the decrease in value.
How is a car lease different from a car loan?
In many ways, a car lease is similar to an auto loan. For example, as the person leasing a vehicle, you may have to put cash down for the car and make monthly payments just as you would with a typical car loan. However, when you lease, the monthly payments are generally lower than when you finance. When you finance, you typically go through a bank or other third-party lender and a car dealership. Chevy leasing is done directly through Chevrolet.
Lease for Continued Coverage
With a limited warranty from Chevrolet, you can drive confidently, knowing your new vehicle is backed with outstanding service and coverage. See the dealer or warranty manual for details. Chevy’s Bumper-to-Bumper Limited Warranty covers the entire vehicle for repairs, including parts and labor, to correct any defect in materials or workmanship for three years or 36,000 miles, whichever comes first. The Powertrain Limited Warranty covers the components below for repairs, including parts and labor, due to defects in materials and workmanship for the duration of the warranty. Typical powertrain warranties last five years or 60,000 miles, whichever comes first, but other durations are available.
Lease Your Next Chevy with El Dorado Chevrolet
If you would live in the Dallas, TX, area and would like to learn more about leasing your next Chevrolet, head to El Dorado Chevrolet, where we offer competitive lease terms on our great selection of new and used cars, trucks, and SUVs. Our finance experts are here to guide you through the financing process and help you get into your new vehicle. Contact El Dorado Chevrolet’s finance team today, or if you’re ready to start the financing process, you can fill out our secure finance application online.