Lease Chevrolet Equinox in Jefferson City, TN
Chevrolet Equinox Lease Deals
When it’s time to shop for a vehicle, you might feel both excitement and nervousness. Knowing what to get is a big decision, as you need a model with the right features and a price tag you can feel good about. However, you don’t have to limit yourself to financing the new purchase only. Another option is to lease the car, which allows you to rent it from the dealership for a time. If you have not leased before, it’s helpful to understand how this process works and how it differs from financing. There are some benefits you can get from a lease that you wouldn’t from purchasing the same vehicle.
Like many other shoppers in Jefferson City, TN, you may be excited to drive home in a new Chevrolet Equinox. This versatile SUV is great for everyday driving as well as road trips and more rugged adventures. Getting into a brand-new model doesn’t have to be beyond your reach. You can ask, “Where can I get an Equinox lease near me?” The team at Tarr Chevrolet can help. We’ll not only show you the new Equinox, but we’ll go over how a lease works and why it might make sense for you.
Benefits of Leasing a Chevrolet Equinox
Think of leasing a car in the same way as renting a place to live. Leasing, or renting, does not give you ownership of the car, but it allows you to enjoy using it for a time. Because you do not own the vehicle, you’re only paying for the lease period. This has some appealing advantages. Leasing a vehicle makes your monthly payments lower than they would be with a purchase, as you are not paying for the entire purchase price and finance charges of financing the model. You are only paying for the depreciation of the vehicle during the lease. This is a good way to upgrade to a better model that might otherwise be outside your monthly budget if you were to finance the same vehicle.
Another financial benefit of leasing is that you won’t have to pay sales tax on the vehicle. Plus, while some purchases require a down payment as high as 20%, you typically won’t have to put this much down on a lease. Other fees that drive up the cost won’t be a factor with a lease as well.
Money-saving factors aren’t the only benefits of Equinox lease deals near me. When you buy a new car, you have the peace of mind of knowing it should perform well and not have mechanical issues. However, as you put mileage on the car and as it suffers wear and tear, this dependability diminishes. Better features will also become available in newer models. However, with a lease, the term is short, so as soon as the Equinox you are driving starts to show signs of age, it will be time to lease a new one. If you always choose to lease, you’ll always have a newer model. This new Equinox will also come with a manufacturer’s powertrain and bumper-to-bumper warranty. Thus, you shouldn’t have to worry about paying for expensive repairs if problems arise.
Another important reason to think strongly about a lease is that there are flexible end-of-lease options. You won’t have to sell the car and go through that process. When the lease is up, you return the vehicle to the dealership. You can leave it there and walk away, or you can lease another brand-new vehicle, including the most recent Equinox model. If you want, you can even purchase the vehicle.
Leasing does have some restrictions to be aware of. If you lease, you’ll need to keep the mileage you put on the vehicle to under 12,000 a year. If you exceed this, you’ll have to pay a fee when the lease expires. You also can’t customize the vehicle since it still belongs to the dealership.
Get a Great Lease on the Equinox in Jefferson City, TN
It’s easy to see that leasing a Chevrolet Equinox in Jefferson City, TN, comes with some advantages over financing. If you are eager to get into a brand-new model, lease one today. You can do this by coming to Tarr Chevrolet in Jefferson City, TN. Stop by our showroom and let us know that you want to bring home this SUV.