Financing vs. Leasing: Find The Option That Works Best For You
Loan: A traditional auto loan goes through a lending institution. At
the end of the loan period, the title gets transferred to you. This step makes
you the owner of the Chevrolet vehicle, and you can resell it or trade it in
for an upgrade. There are no mileage restrictions on the car, and you can
freely make modifications to the body or engine.
Lease: A lease agreement is another option to consider for your daily
drives through Somersworth. It allows you to drive a Chevrolet model of your
choice for a specific period. However, the number of miles you can drive each
month is not unlimited, and you cannot modify the body or engine in any way.
After the lease period ends, you have the option to purchase the vehicle, or
you can extend the lease. The monthly payments are typically lower than if you
financed the vehicle, allowing you to drive a more expensive car than you might
otherwise be able to afford. If the trade-off is acceptable, a lease can be a
good choice.
Get Pre-Approved: Apply For New or Used Vehicle Financing Online
Our friendly team is here to facilitate the process of getting you
into the Chevrolet car, truck, or SUV of your choice. View our large selection
of vehicles until you find a suitable fit for your Exeter adventures. Our
inventory rotates frequently, so you can always expect to find something new.
You can play around with our digital tools to determine which model fits your
budget and how big of a loan or lease to pursue. We encourage you to apply for
financing before your visit to save time and ensure you qualify for your
preferred terms. After you take your top choices out for a test drive, our
finance experts can process your loan application in a timely manner. Please
visit Dover Chevrolet soon to get the process started, and drive away in your
favorite Chevrolet truck, SUV, or car.
