Why You Should Lease Used Cars
Shopping for your next car might get a bit confusing if you try to do it alone. But when you have plenty of guidance while shopping for used cars, you can find yourself driving home in the best car for you at the best price.
Here at LaFontaine Chevrolet Dexter, our automotive experts are here to answer any questions you have about our inventory or how you want to finance your used car, including leasing.
What is Leasing?
Not every driver is aware of just how great of an option leasing can be. While many drivers automatically think of buying when considering their next vehicle, leasing could be the right choice for you.
Essentially, leasing is like a long-term rental, only the actual rate you pay over time is much more favorable than renting. A lease allows you to drive a car from our lot for a set period of time, typically around 36 months. You’ll still make monthly payments, but they’ll be much lower compared to new car payments. You’ll benefit from a lower down payment as well!
Once your lease is up, you can just drop off your car at an authorized Chevy dealership and sign another lease. You also may decide to head home or that you’re ready to buy at this point.
Pros and Cons of Leasing a Used Car
Not everyone is aware of the fact that you can lease a used car. But when you talk to our Chevy finance team, you’ll start to understand why it’s a great option to explore.
One of the only real drawbacks to leasing is that you are subject to an annual mileage cap, which is typically around 10,000 miles per year. However, this amounts to roughly the average annual miles Americans drive anyway.
And while you can’t sell the car you lease, the fact that the payments are so low makes leasing a more accessible option for many drivers. Since the cost of leasing is calculated based on the car’s expected depreciation, leasing a used car is a very budget-friendly option.
You can find exceptional used Chevy cars, including Certified Pre-Owned Chevy cars, in our lineup that you can lease for very little. Contact our Dexter Chevrolet dealership today to learn more!