Buy vs Lease near Butler, PA
The age-old question that is considered by many motorists — to buy or lease? Allow our team at Jim Shorkey North Hills Chevrolet to go over these options in more detail. Doing so can help you decide which works for your lifestyle, so continue reading for guidance.
Buying
When it comes to acquiring a vehicle, most motorists will immediately think of buying. This method of procuring a model has always been around, and it is beneficial for many drivers in the Butler. Financing contracts span around four to seven years, so you have to be willing to adhere to a lengthier time period. However, this option also comes with the added benefit of a wider selection of Chevys. This is because you will have the choice between a new and pre-owned model. Finally, there are no mileage restrictions with buying, so you are free to drive down the Benjamin Franklin Highway as often as you’d like.
Leasing
While buying is the preferred option for some drivers, others will do better with a leasing agreement. These agreements last an average of three years, so you won’t be tied down to one specific model. Instead, you can continue leasing fresh cars and SUVs to enjoy the latest automotive advancements. Buying has you paying toward the full sticker cost, but this path only sees you reimbursing the expected depreciation value of the vehicle. This means it is ideal for motorists on a budget. This number, along with a mileage limit, will be discussed when you meet with our finance team.
Which Is Better for You?
First things first, neither buying or leasing is better than the other. Which will be ideal for you depends largely on a number of factors. For example, those who don’t often drive may not be off put by a mileage limit. So, if you don’t plan on cruising down Jefferson Street as often, then leasing is a great choice. However, the opposite is true for buying, so if you prefer to adventure across state lines, then you may wish to own the vehicle. This way, you won’t have to worry about the number on the odometer. Both of these options are well worth a look! If you need help deciding which to choose, then we recommend that you visit our location.
