You could sign and be driving your new vehicle through the streets of Detroit in less than an hour! The next step in the process is to find a vehicle you like at Moran Chevrolet! Check out some of our inventory via the links below.
What is a Lease Deal?
Basically, you lease a car instead of buying it. Lease deals are the fastest growing form of vehicle financing in Detroit! Auto Leasing's low payments are what make them so attractive. You can expect to pay between 10 and 20% less with a lease deal payment versus a loan payment. Lease deals are great for Detroit residents who don't want to own a car forever, but would rather pick a new car every couple years. Lease deals are also desirable to Detroit customers who do not want to deal with car repair. Just like a rental home - your car is owned by the dealership and we are responsible for maintenance and repair. Additionally, any special details can be worked into the lease contract.
More buyers are leasing cars than ever before
At Moran Chevrolet over 50% of new car purchases were leased in 2012.*
Common Lease Deal Considerations
- Know how many miles you drive a month and plan the lease accordingly.
- Will the leased vehicle hold its value?
- What is your lease exit strategy? Lease another car?
- Will gap insurance be necessary?
- Can you afford to lease? Interest rates are based on credit.