Should You Buy Or Lease in Rockford, MI?

Ed Koehn Chevrolet is pleased to offer a wide selection of new Chevy and used cars to choose from. We've included a variety of models and body styles to give you as many choices as possible. Our number one goal is to facilitate everything you need for a successful outcome. And a big decision a lot of our customers have is whether to lease or buy a car. It's a common decision for Grand Rapids and Sparta, MI area buyers alike, especially with so many benefits on either side.

So, with that in mind, how can we help you make the right choice? Keep reading below this form to discover the differences between leasing and buying to see which one resonates the most, and then let us know how we can help!

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Leasing a Vehicle Near Cedar Springs, MI

If you still think leasing is not for the average consumer, you can remove that concept. Financial experts agree that leasing is a great investment for several reasons.

Your monthly payment is significantly lower with a lease. That's because you're paying for usage rather than ownership. And you know upfront the amount that is needed to enter into a lease contract. It's a streamlined process, which is pretty straightforward. Another reason to consider a lease is that you get much more for a lot less. You get to drive a better-equipped car than you might otherwise be able to afford. That's one of the main reasons why leasing has become so popular.

There are a few things to consider about a lease to determine if it's right for you, and they include:

  • Mileage Restrictions
  • Lack of Ownership
  • Minimum Insurance Requirements
  • No Customization Allowed
  • Early Termination Fees

Overall, a lease is a fantastic way to drive a new vehicle. At the end of the lease, you turn in the keys and the car to an authorized dealer and walk away! You don't have to worry about anything other than choosing your next new car. And that's an exciting concept to look forward to. Are you the type of person who likes to have a new car every two to three years? If so, then a lease may be right for you.

Buying a Car Near Greeneville, MI

The primary benefit of buying a car is the ownership that it brings drivers from Greenville. While you still may have liability because of an auto loan, you'll be building equity. You're free to customize the car any way you choose that is legally acceptable. And you get to choose when to trade it in for a newer model.

You can also transfer ownership to another person or add someone to the title, such as a new spouse or teen driver. You're in complete control when you choose to buy a car. But with all the perks comes the responsibility too. Unlike a lease, you're solely responsible for everything related to the car until you sell it or trade it.

There may be more finance incentives when buying, including factory incentives. That means you can craft a much better deal that fits your circumstances. Perhaps you want to use the offered factory rebate towards the down payment or pocket the cash. It's your choice.

Get Your Financing In Rockford, MI

Do you know your credit score? Would you like to get pre-approved? Use our secure online credit application. Whether you're buying or leasing, you can find out in just a few minutes how much you may qualify for today.

For more information about leasing or buying or to browse our inventory, please visit our Chevy dealership near Grand Rapids soon. We pride ourselves on a no-hassle environment. But we would love the opportunity to earn your business. We look forward to seeing you soon!

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ED KOEHN CHEVROLET, INC.

4650 14 mile rd NE
Directions Rockford, MI 49341

  • Contact: (616) 433-1521

Hours

  • Monday 8:30 am - 8:00 pm
  • Tuesday 8:30 am - 6:00 pm
  • Wednesday 8:30 am - 8:00 pm
  • Thursday 8:30 am - 6:00 pm
  • Friday 8:30 am - 6:00 pm
  • Saturday 9:00 am - 3:00 pm
  • Sunday Closed