Before you start shopping for a new Chevy or Buick car, truck, or SUV, you'll first need to decide whether leasing or financing is right for you. Understanding which option is best for your lifestyle and financial situation can save you money in the long-term.

 
To help clarify your options, the finance team at Dralle Chevrolet Buick has broken down the differences between financing and leasing, and answered some common questions about both. If you still have questions after reading this finance vs. lease page, don't hesitate to contact our dealership in Peotone, IL, online or by calling (708) 258-5209. You can also learn more about all the services our finance center offers. 



FINANCING A CAR

When you finance your new car, truck, or SUV, you are paying the cost of the vehicle over a period of time. Continue reading to learn more about auto financing.
WHAT TO EXPECT WHEN FINANCING

The most attractive benefit of financing your purchase is that you will eventually own your new car, truck, or SUV. Once it's paid off, you'll be free to do whatever you'd like with the car. You can also expect to see lower insurance costs than if you were to lease it. Finally, you'll be free to put as many miles on the vehicle as you need without worrying about mileage restrictions that are included with most lease agreements.

• Own your new vehicle
• Lower insurance premiums
• No mileage restrictions 
WHAT TO CONSIDER WHEN FINANCING

Before deciding that financing is right for you, you'll need to understand what you will be comfortable paying. Monthly finance payments will oftentimes be higher than when you lease, depending on the down payment. 



LEASING A CAR

When you decide to lease a car, you're making a monthly payment for a predetermined amount of time, with the understanding that the vehicle will be returned at the end of the agreement. Learn more about the lease process by reading on.
WHAT TO EXPECT WHEN LEASING

If you're looking for less of a financial and time commitment, an auto lease may be for you. Monthly payments are usually lower than financing payments. With low down payments, or no down payment at all, the upfront cost will also be lower, allowing your budget to stretch farther. Additionally, lease agreements will typically only last for 24 or 36 months, so you can upgrade your ride more often.

• Lower costs
• Shorter time commitment
• Easier to upgrade every few years 
WHAT TO CONSIDER WHEN LEASING

The mileage restrictions that often accompany a lease agreement will be a major negative for drivers expecting to spend a significant amount of time behind the wheel. If you surpass whatever that limit is, you'll end up paying for them at the end of your lease. There may be other restrictions to your lease as well, so be sure you understand the agreement fully before signing off. 


FINANCE & LEASE DEALS AT DRALLE CHEVROLET

Now that you've decided if you should lease or buy the car, truck, or SUV you have your eye on, Dralle Chevrolet Buick wants to help you get the process started! Find the right vehicle in our online inventory, and then find a matching offer on our lease deals page. We update the offers monthly, so check back regularly if you don't see the incentive for you today. To speak with a Dralle representative, call (708) 258-5209 or complete our contact form