If you’ve been driving your current vehicle for a while, you may need a refresher on the shopping process. Luckily, the Biggers Chevrolet team is here to offer the insights you need to take on automotive shopping like a professional. If you have questions like, “Should I buy or lease a car?”, we have tips and tricks to guide you through! Compare leasing vs. buying with us below to learn how our team can help you improve your commute from Schaumburg to Streamwood!
If you’re new to automotive shopping, chances are you aren’t too familiar with the process of leasing. So, what is leasing? When you lease a car, you’re essentially renting it and paying for the privilege of driving. This means you won’t build up equity over time, but you’re only paying to cover depreciation, so you’ll likely save money with your monthly payments. Along with an extremely affordable monthly price, leasing allows you to save on sales tax, enjoy generous warranty coverage, and enjoy fresh new models every few years. What’s more, returning your lease is incredibly easy. Once your term is up, simply make your way to our dealership and drop your car off!
Financing is likely a familiar process for you as a car shopper. When you finance a vehicle, you secure a loan to eventually take complete ownership of the vehicle. As you make payments over time, you build up equity until you own the vehicle outright. Financing requires a larger down payment and larger monthly payments than leasing, but you have the benefit of driving payment free once you own the vehicle! You also have the freedom to sell your vehicle when you’re ready, enabling you to secure a down payment on your next upgrade!
Now that you’ve had the opportunity to compare leasing vs. buying, you can explore our inventory to find your ideal upgrade! When you shop with us, you’re guaranteed to head home to Bartlett in a vehicle you love at a price you can truly afford. Whether you’re asking, “Should I buy or lease a car?” or want to know about paying off your car loan early, Biggers Chevrolet has resources for you! Shop with us in Elgin or get in touch to learn more about our current selection!
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