Buy vs Lease in Bakerstown, PA
When you're ready to upgrade your mode of transportation to improve your time on the William Flinn Highway, choose a vehicle from Jim Shorkey North Hills Chevrolet. Along with new and used options to pick from, you'll also have to make the decision to either buy or lease it, depending on which type of Chevy you have your heart set on. There's no need to worry if you aren't sure which to consider, because our team is here to assist!
Buying
Also referred to as financing, buying a vehicle means you are paying to own. After presenting a down payment, which can vary depending on whether you have your sights set on a factory-fresh or pre-owned Tahoe, our team will get to work in securing a loan that covers the rest of the vehicle's total amount. Then, you'll repay that borrowed sum over the course of four to seven years, so you can enjoy a low manageable bill that can be factored into your current budget with ease. If you already own a vehicle, you're welcome to trade it in to offset the total amount.
Leasing
Because Chevrolet is a brand that strives to outdo itself on a regular basis, we can't blame you for wanting to stay up to date with the new vehicles that are released. If that's the case, or you simply want to test the waters of a Traverse or Trax before fully committing, you are encouraged to lease! This is a temporary setup that lasts between two and four years, with a monthly rate that is determined by the depreciation rather than the overall cost. Because these terms don't last long, you'll get to make the decision of buying out your leased vehicle for permanent ownership, transitioning to another Chevrolet, or walk away.
Which Is Right for Me?
As you can see, there is no wrong answer between the two, as it ultimately depends on two factors that are specific to you. If you're interested in a Chevrolet Equinox or Silverado 1500 for the long haul, you will definitely want to finance it. Leasing obviously poses its own benefits, since you're able to test out various vehicles once they're released. Because this avenue allows you to consider financing as an end-of-contract option, you are granted more flexibility if you tend to be more indecisive. Either way, our skilled Finance Department will be ready to work with your budget to come up with a monthly rate that you can manage. Before you know it, you'll be cruising around Bakerstown with the Trailblazer or Camaro of your dreams!
