Lease a Chevy
Ewald Chevy has been providing the best Chevy dealership experience in southeast Wisconsin and the greater Milwaukee area for over 50 years. We can help you with your car financing for old and used cars, new cars, leasing, or certified pre-owned. Ewald has everything that you need to lease a Chevy today. When you're ready to learn more about getting into a Chevy truck lease, head to our showroom. The Ewald Chevy dealership in Milwaukee will be ready to help you apply for the best Chevy lease deals.
Chevy Equinox leases are some of the best in the market, but we also provide numerous other lease deals.
How does a car lease actually work?
Ready to lease a Chevy but don't know how a lease works? Think of a car lease as a long-term car rental instead of buying a car and paying for the whole thing.
Leasing is a contract between you and the company that provides the vehicle (lessor). The first step is deciding the duration of the lease (usually between two and four years). Next, you must make an upfront down payment and monthly payments for the lease duration. At the end of the lease, there is the final payment, the option to renew the lease (either with a new car or the current car), and some even offer the choice to buy the leased car.
Payments are calculated based on several factors. They include the car's current worth, how much it will be worth at the end of the lease, interests, and rent charges. Additional costs are incurred if you return the Chevy lease with excessive wear and tear, drive more miles than agreed, or miss a payment.
What are three advantages of leasing a vehicle?
Now that you know how leasing works, you might also want to know its benefits. After that, you can weigh the benefits and decide to either lease a Chevy or not. There is a long list of benefits, but we will stick to the most significant.
Lower payments:
You don't own the car, so you neither need to assign a significant part of your monthly income to your car loans nor make a huge upfront payment. Lower down payments (mostly less than 20% of the car's retail price) and warranties are some of the biggest perks of leasing a vehicle, and since the vehicle is almost new, it is in its trouble-free years.
Little to no maintenance or repair costs:
Most vehicles available for lease are new and under the manufacturer's warranty; some even offer complimentary free maintenance for a couple of years. You should review your lease agreement and understand what is covered under the maintenance agreement to avoid unforeseen vehicle service receipts. Warranty coverage is financially beneficial because you will not be paying for unexpected repairs.
Depreciation Protection and no resale hassle:
Now, this is the best part about leasing a vehicle. It's clear by now that you don't own the leased vehicle. In other words, you take it from the dealership and drive off, and after an agreed period, you drop it off at the dealership. There is no headache of selling it with a profit margin and worrying that your vehicle has depreciated over time.
Should I buy or lease a new car?
Leasing is good when you want the newest car but can't afford one, or more sensibly, you need a vehicle just for a specific period. To further simplify the confusion, the table given below will help with comparing the pros and cons of leasing vs. buying a new car:
Pros:
Cons:
Should I lease a Chevy car, truck, or SUV?
When you decide to lease a Chevy, you will have several options. You can choose between many Chevrolet cars, SUVs, and trucks, depending on your needs. Chevrolet cars will suit you if you are looking for a personal daily commuter. They offer a spacious interior to haul a small family and cargo while returning decent fuel economy. But if you regularly haul stuff and people and can do without a pickup truck, Chevrolet SUVs will come in handy. They are also great for commuting. On the contrary, you will need a pickup truck for hauling large items, towing, and off-roading. A Chevy truck lease will be the best in this case.
Visit Ewald to find Chevy lease deals in Milwaukee
Leasing is a desirable option if you need a vehicle for some time or just to get a taste of your favorite vehicle. Chevy lease deals are among the best in the market. You can lease a Chevy for your best interest if you find leasing suitable.
Milwaukee drivers looking for Chevy lease deals near you won't need to worry. Ewald offers the most favorable Chevy lease deals near Milwaukee and our services are renowned. Visit our dealership today to learn more about the latest Chevy lease specials!