Lease Or Buy Waterford MI


Buying or Leasing a New Chevrolet

Joe Lunghamer Chevrolet

Should You Buy or Lease Your Next Car in Waterford Township?

At Lunghamer Chevrolet, we know each driver has different things they look for in a vehicle. One of the most important things when thinking about your finance options is whether or not you're going to buy or lease. Our team in Waterford, MI has tried to break down your options when it comes to financing your vehicle. If you have any questions, don't hesitate to contact us! We look forward to helping you with your auto finance needs.

Buying a New Chevrolet

One of the biggest advantages of buying a new Chevrolet is that the car is yours. The vehicle would be in your name, and you wouldn't have to worry about staying within a certain mileage limit every year. You would also be able to customize the car the way you want! Whether you want a customized paint color, radio, or interior add-on, you can do that when you buy your car.

Leasing a New Chevrolet

When you lease a vehicle, you'll be driving off the lot in a brand new car while paying less than you would if you were to buy the vehicle. Your lease will usually last for around three years, so you'll be able to get a new Chevrolet in no time. You also won't have to worry about trading your vehicle in because you simply return it to the dealership! A major downfall is that you will have mileage restrictions, so if you are known to make long trips, leasing may not be the route for you.

Useful Tools


Are you interested in buying or leasing a new Chevrolet? Look through the latest models today!

Schedule a Test Drive

If you're interested in one of the latest Chevy models, it has never been easier to schedule a test drive!

Finance Department

Are you looking to learn more about your finance options? Contact our finance department today!


Do you have other questions and are wanting to speak with a member of our team? Contact us today!

  1. Joe Lunghamer Chevrolet Inc

    475 Summit Drive
    Waterford, MI 48328

    • Sales: (248) 462-7397
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Get in Touch

  • Contact our Sales Department at: (248) 462-7397
  • Monday9:00 am - 7:00 pm
  • Tuesday9:00 am - 6:00 pm
  • Wednesday9:00 am - 6:00 pm
  • Thursday9:00 am - 7:00 pm
  • Friday9:00 am - 6:00 pm
  • Saturday10:00 am - 3:00 pm
  • SundayClosed