 Welcome to the Finance Center at Wayne Thomas Chevrolet in Asheboro, NC
If you are in the market for a new Chevy to drive in Asheboro, then you will want to check out the latest inventory at Wayne Thomas Chevrolet. Once you find a vehicle you want in our inventory, you will want to know whether you should finance or lease it. Both of these options have distinct advantages, so it is important to take a close look at your budget to pick the right one for you. When making your choice, be sure to talk to the finance experts at our Finance Center.
Financing Your Vehicle at Wayne Thomas Chevrolet
Financing is an ideal option for drivers who want to own their cars. To finance a new Chevy, you take out an auto loan from a bank. You then must pay back the loan over time with interest added. Once you pay off the entirety of the loan, you take full ownership of the vehicle.
Leasing Your Vehicle at Wayne Thomas Chevrolet
When you lease a vehicle at Wayne Thomas Chevrolet, you don't take ownership of it, at least not right away. Instead, you make a monthly payment to the dealership to be able to drive your new vehicle of choice. At the end of a 36-month leasing period, you have three choices: return the vehicle to the dealership, or buy the leased vehicle outright.
The Pros and Cons of Financing
The primary benefit of financing a vehicle is that you get to own it. While paying off the loan might take some time, once it is paid off the vehicle belongs completely to you. When you finance a vehicle, you can also make modifications that you can't if you lease one, and you will never have to worry about mileage limits.
However, for some customers, the prospect of taking out a loan might be enough to dissuade them from financing. If being able to drive a vehicle is more important to you than owning it, then you might want to consider leasing.
The Pros and Cons of Leasing
When you lease a vehicle, you can drive wherever you want in a brand-new vehicle without having to take out a loan. Instead, you can drive a new vehicle by paying a monthly fee. If you opt to trade in your leased vehicle for a new model, you can enjoy driving a new car every three years while always driving cars with the latest tech and safety features. If you are not yet set on buying a car, you can lease it with the option of buying it at the end of the lease.
A potential downside of leasing a vehicle is that you can't make modifications or install custom parts and accessories. Additionally, when you lease a vehicle you have to stick to mileage limits.
New Chevy Vehicles to Finance or Lease
If you are interested in financing or leasing a new vehicle from Wayne Thomas Chevrolet, then be sure to browse our new vehicle inventory. New Chevy vehicles you might find in our inventory include:
Finance or Lease Your Next Vehicle at Wayne Thomas Chevrolet
If you want to get a new vehicle from Wayne Thomas Chevrolet, you can get all the advice you need about financing and leasing at our Finance Center. Our finance experts can work with you to pick the option that is right for you. They can also tell you about any incentives or special offers that might apply to you. To learn more about financing and leasing, contact our Finance Center today!
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