Leasing is comparable to renting a vehicle from our dealership. A typical lease agreement specifies a monthly payment and a mileage cap for the duration of the lease. Then, you're expected to make monthly payments over the agreed-upon period (typically four to five years).

Our Chevrolet payment calculator provides monthly payment estimates so that you can begin budgeting before visiting our dealership around Highland. Then, after a specified amount of time, you return the vehicle to our dealership and get a new model.

In essence, leasing is for you if you are not interested in long-term ownership and want to upgrade model years once your lease term expires. Here are the reasons why you should lease

Leasing a new Chevy reduces your down payment and monthly payments. Since you won't be purchasing the vehicle outright, the amount of sales tax you pay will be limited to the lease's total worth.

Leasing is convenient because upgrading to a new model is straightforward. Pay any outstanding fees on your previous vehicle and select your next vehicle. You will not have to negotiate, which is a regular practice among drivers who swap or sell their vehicles.

Leasing allows you to keep abreast of the latest model releases. Most leases are for three years, making frequent upgrades simple. Your warranty will cover your vehicle if you stay within the mileage limit.

A lease is easier to obtain approval for than a car loan. Even if your credit isn't stellar, you can still drive a decent new car.