• Man with car keys

Which is Better: Buy vs. Lease?

Buy vs. lease? It can be a tough decision. Every situation is different, so it pays to do some research to understand what’s best for you.

Finance Center New Vehicle Inventory Contact Us

Leasing vs. Financing

Think of it as renting versus owning. Leasing a car is less expensive because you’re not on the hook for the total price of the car. Your payments only cover the estimated decrease in value between the day your lease starts and when it’s turned back in. It’s a way for people to drive new cars with the latest technology and to choose models they can’t afford to buy.

Car Financing

Most consumers need to finance their auto purchases, which means the bank owns your car until you pay off the loan. Then, you own the car outright. The downside is that the overall cost is higher, but the upside is that you own something when you finish with your payments.

Car Lease

Leasing a car means less money out of pocket for you, but be aware that it comes with mileage restrictions and penalties for excess wear and tear. At Libertyville Chevy, close to Waukegan and Gurnee, we can help you understand leasing vs. buying. Visit Libertyville Chevy or contact us online today!


More from Libertyville Chevrolet

  • Make Connections with Chevy Equinox Technology

    Meet the newest Chevy Equinox technology that’s empowering drivers all over Waukegan and Gurnee. Chevrolet knows you need to stay connected to all your people, and it’s easy to do, even when you’re behind the wheel of the Equinox. Text, call, navigate, search for information, stream music and podcasts, charge your devices, and more. It’s…

  • Chevy Malibu Technology

    It’s time to talk about Chevy Malibu technology. How have you ever lived without it? Smartphone integration? Check. Wi-Fi hotspot? Check. Intelligent safety features? Check. And we’re just getting started. Introducing the powerful technology available throughout the Chevy Malibu trim levels. Learn More Contact Us   Connectivity and Communication It’s easy to be productive when…

  • How to Remove Stickers from a Car

    If your sticker-packed bumper no longer represents your sense of style, it might be time for a makeover. But first, it’s important to learn how to remove stickers from a car the right way. It’s easy to avoid pitfalls, like damaged paint and sticky residue, with the right technique. Follow our step-by-step guide to bring…

Saved
Saved Vehicles ×

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Contact
Contact Us ×

(847) 892-1530

Call Now

1001 S Milwaukee Ave • Libertyville, IL 60048

Get Directions

Today's Hours:

Open Today! Sales: 9am-7pm

Open Today! Service: 7am-4pm

Open Today! Parts: 7am-4pm

Libertyville Chevrolet

1001 S Milwaukee Ave Libertyville, IL

Phone: (847) 892-1530

http://maps.google.com/?q=1001%20S%20Milwaukee%20Ave%2C%2C%20IL%2C%20Libertyville%2C%20IL%2060048

Parts

Phone: (847) 383-0322

1001 S Milwaukee Ave Libertyville, IL

Sales

Phone: (847) 892-1530

1001 S Milwaukee Ave Libertyville, IL

Service

Phone: (847) 383-0322

1001 S Milwaukee Ave Libertyville, IL
42.2717884 -87.9523755