Why should I lease a Chevy vehicle in the Burlington, VT area?
Most often your leased Chevrolet vehicle is covered under warranty
In most cases, a new Chevrolet vehicle lease will be covered under a full manufacturers warranty for the entire lease term. For a three-year/36,000 mile Chevrolet lease you are completely covered under warranty. If you choose to lengthen the lease term, additional Chevrolet leased vehicle service contracts are always available to qualified buyers.
When you lease you'll always drive a late-model Chevy
When you lease a new Chevrolet vehicle in the greater Burlington, VT area you will always have the most up to date model of your favorite Chevy car, truck, or SUV. A three-year lease goes by quickly and at the end of that time you can get another new Chevrolet vehicle; the way the automotive industry operates, owning a vehicle more than three years old essentially means you're driving an out of date Chevrolet car, truck, or SUV. Add in the troublesome slippery, salt-covered Vermont roads, and three years can take quite a toll on your car, even as tough as a Chevrolet vehicle may be. So why commit to five or more years?
Leasing is a steady market
When you lease a new Chevy vehicle from Handy Chevrolet of St. Albans, you are given the peace of mind you deserve because you know that you won't be stuck with a ten year old clunker when you're ready to purchase a new Chevrolet vehicle. Also, new technologies and features keep today's vehicles in prime market condition, not to mention Chevrolet's resale value has always been great!
Often a Chevy lease's monthly payments are less than an outright purchase
Lease payments though Handy Chevrolet and Ally Financial can be up to $200 lower than a conventional loan payment. Since a lot of people trade-in their vehicles before the car loan is even fully paid, so why not lease a Chevrolet and keep that problem from existing at all?
Leases tend to have far less problems than a 72-month car loan
Keep in mind whether you're buying a Chevrolet vehicle via a 12-month loan or a 72-month loan, there are always uncertainties. What if gasoline jumps to $5 a gallon and your car gets 15 mpg? What if three years from now the 2014 Chevrolet Volt is able to go 80 miles on a single charge and 800 miles on a tank of gas? In this volatile economic climate, what if the unfortunate happens and your income is suddenly cut or, worse, dropped to zero? And what if an aggressive driver damages your car, it isn't totaled, and the repaired vehicle drastically drops in value early in the 72-month car loan period? These problems won't amount to much if you sign a three-year lease with Handy Chevrolet today.
Okay... So what happens when I lease a new Chevy in VT
At the end of the three-year Chevrolet vehicle lease term (for example) or even during that term for the matter you can choose to keep your leased Chevrolet vehicle and pay the residual value, a value that is always set at the time of signing (remaining payments would still need to be paid in this instance, however). Most people do not realize that if they lease a new Chevrolet and decide to buy it at the end often the price is very close to that of a so-called "outright purchase," further strengthening the lure of the Chevrolet vehicle lease.
However sometimes after three years with a Chevy Cruze you decide you want to take a step up to a bigger car, for example a Chevrolet Malibu. Another option a Chevrolet lessee would have would be the right to sell your leased Chevrolet vehicle. In this example, let's say your Cruze's residual value was set at $10,000, but you find a buyer that will pay $12,000. Anything above what is owed at that time belongs to you, and you walk away with $2,000 in your pocket and a great credit score! If you wish you can also trade your Chevrolet car, truck, or SUV for an upgrade or if you've decided your current Chevy vehicle isn't for you, turn in the leased Chevrolet vehicle and begin the process all over again!
All in all, the possibilities are bountiful and there's really no reason to run from a Chevrolet lease thanks to legislation that's been put in place to protect you. Add in financial advisors that know how to work with you to get you the information and payments you deserve, a great, ever-changing selection of new Chevrolet cars in VT, and you're talking about a win-win situation!