Are you interested an auto lease in Covington, Hamilton, or another area near Cincinnati?

Here is some information for you to consider as you decide whether leasing a car is the right option for you.

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HOW IMPORTANT IS OWNERSHIP?

For many customers, trying to choose between leasing or buying a car or truck is often an incredibly difficult decision. The truth is that buying and leasing both have relative positives and negatives; the first thing to consider when you're shopping is how much the idea of "ownership" matters for you. For many shoppers, being the exclusive owner of a vehicle is hugely important; among other things, ownership means being able to customize your car if you'd like, and you'll only answer to yourself if there's an accident or damage occurs. For other shoppers, however, leasing might be more attractive than owning. Leasing allows drivers to simply get a new car every three years when a lease comes to an end, and many lessees are able to drive nicer cars than they might otherwise be able to afford, as upfront charges are normally lower than purchasing a vehicle.

ESTIMATE YOUR LEASE PAYMENTS

Curious about what your lease payments will cost you? You can use a vehicle financing calculator to help you determine the sort of monthly rates you can afford. Should you have questions regarding any numbers produced by a finance calculator, feel free to contact Joseph Chevroletat 513-322-2427 , and a professional from our Cincinnatileasing department will be pleased to talk about leasing and financing rates with you.

WILL LEASING SAVE MONEY?

The expense of leasing a vehicle in comparison to the price of purchasing one isn't a black-and-white issue; it all hinges on how long you intend to keep your vehicle for. Studies on car ownership, leasing and depreciation recommend a three-year lease as a financially sound period of time. From a short term standpoint, leasing a car for a period of three years makes for a smart decision financially; deposits on leases are low, your monthly expenses will be less than an auto loan payment, and you'll typically not have to worry about repair fees. The largest cost connected with paying for a leased car will likely be insurance, which is noticeably more expensive for a lease than a car you own. If you buy a vehicle, your payments will be much greater up-front, but once you've owned it for 10 years or so, it will likely have been paid off, your insurance will typically be lower, and you always have the choice of selling for a part of its original value. So what exactly does this indicate? As a near future solution, leasing is a good option to cut the costs of buying a car or truck, but in the long term, owning a car could help you save money. Consequently, many people prefer to enter into one or two lease periods to save money before buying a car. However, you will find people who lease cars all their lives and have great results with the process, just like you'll find people who always buy outright. Ultimately, deciding to buy or to lease is really a question of personal preference.

FIND LEASE SPECIALS IN CINCINNATI

At Joseph Chevrolet, we're always offering new lease promotions in Cincinnati, causing us to be among the premier destinations for anybody wishing to lease a Chevrolet locally. Leasing is a great method to save upfront on fees, deposits and monthly costs, and our variety of lease deals means that you can save further. You can investigate our current lease specials online, contact us at 513-322-2427 to hear more, or visit us in Cincinnati to speak with a leasing associate. For many shoppers, choosing to lease a Chevrolet is usually a rewarding decision, and afterward it's likely you'll find yourself wanting to lease another car, or perhaps even looking into getting one. Visit us to hit the road in your Chevrolet today!