Chevrolet Deals, Allenhurst, GA

What’s Better with Chevrolet Deals Near Allenhurst, GA: Buying or Leasing?

It’s one of the age-old debates in the world of car buying: buying vs. leasing. Both sides have good arguments. So, how can you decide which to do when you find good Chevrolet deals near Allenhurst, GA? The simple answer is you need to understand the benefits and drawbacks of both, then decide according to your financial situation and your personal preferences.  

The Case for Buying

Though you may not like the thought of going into debt, if you don’t have enough cash to take advantage of Chevrolet deals and pay for your new car all at once, loans are a great option. What is even more intriguing is if you have average or even poor credit, you can still find financing. Dealers work with individuals of all credit scores. However, if you want to lease, you need a great credit score in the 700-range or above. Also, once you pay off your loan, you’ll never have to make another payment on that car again. Buying also allows you to drive as many miles and modify your car in any way you wish.

The Case Against Buying

You’ll pay more per month when you buy near Allenhurst, GA. You will also eventually have to cover your own repair costs once the warranty expires. These could be huge expenses down the road you wouldn’t have to deal with if you had a lease.

The Case for Leasing

Not only will you have lower payments when you lease, but you may not even have to put much money down when you find Chevrolet deals. With a lease, you’ll drive your car of choice during its best years of life. You’ll have warranty coverage as well. At the end of the lease, you won’t have to fuss with trade-in values or trying to find a private buyer to take it off your hands. Instead, you simply bring it back to the dealership. 

The Case Against Leasing

You’ll pay some stiff penalties if you go over your mileage limit. It’s also not easy to break a lease without paying a hefty fine. When you lease on Chevrolet deals, you’ll always have a monthly payment to make. 

Whether you’re in the market for a lease or a loan, you can come to Mike Reed Chevy and check out Chevrolet deals. You’ll love the selection and service at this dealership. There’s no need to go anywhere else in the Allenhurst, GA, area.