Leasing vs. Financing Thank You for Choosing Gerry Lane Chevrolet

Wherever your Denham Springs adventures lead you, we've got you covered with our impressive selection of vehicles. Before you take home one of our cars, you'll want to work with our team to explore our leasing and financing options. Both choices will provide a seamless vehicle-buying experience. Find out the pros and potential cons of leasing and financing today with Gerry Lane Chevrolet.

Leasing vs. Financing: Benefits

Leasing and financing both come with their own set of advantages. It all comes down to which option fits your Gonzales lifestyle the best. Take a look at some benefits of leasing and financing your next vehicle:

Leasing

• Monthly Payment: Leasing a car often comes with a lower monthly payment.
• Warranty Coverage: Many vehicle leases are offered on new vehicles, allowing you to take advantage of a detailed warranty.
• Resale: When you've reached the end of your lease term, you can simply return your lease and walk away. There's no need to worry about the selling process.
• Latest & Greatest: You can always drive the latest and greatest vehicle around Plaquemine in a lease since most leased vehicles can be returned after just a couple of years.

Financing

• Ownership: Once your financed vehicle is paid off, you can outright own it.
• Trade-Ins: You can simply trade in your financed vehicle at any time.
• Customizations: Most vehicle leases have limitations on vehicle customizations. However, this is typically not the case with a financed vehicle.
• Mileage: When you finance your vehicle, you won't have to worry about mileage restrictions that may be present.

Leasing vs. Financing: Potential Drawbacks

There are also possible disadvantages to both leasing and financing. It all depends on your needs, and we're happy to help you explore your options when it's time to take the next steps. Here are some potential drawbacks to leasing and financing:

Leasing

• Mileage Restrictions: If you surpass your agreed-upon mileage limit, you may end up paying additional fees.
• Monthly Payments: To continuously enjoy a leased vehicle, you'll always have monthly car payments.

Financing

• Higher Monthly Payments: When you finance a vehicle, the monthly payments could be more than what you'll find with vehicle leases.
• Down Payment: If you're interested in a lower monthly car payment, you may need to consider making a down payment.

Find Your Vehicle at Gerry Lane Chevrolet

Are you ready to find the perfect vehicle to lease or finance? We've got you covered at our Baton Rouge dealership. Get in touch with us today to schedule an appointment.