Buy or Lease A New Car in Hattiesburg, MS

Whenever you find the vehicle you’ve been dreaming of, the next decision is whether it’s better to buy it to own or lease it for a period. At Walt Massey Chevrolet, we can help you make that decision clear. Buying and leasing both have their benefits, so it’s important to weigh them side by side to see which makes more sense for your situation. Let’s look at the key differences between buying and leasing so that you can shop with confidence here at our Hattiesburg dealership.

Buying vs. Leasing

The primary difference between buying and leasing is ownership. When you buy a vehicle either with cash or through a financing plan, it’s yours to keep. On the other hand, when you lease a vehicle, you agree to drive it for a set period, then return it to the dealership when the contract is over.

It pays to consider these differences as well:

• Leases typically require lower monthly payments than auto loans.
• Because a leased vehicle isn’t yours to own, you won’t have the option to personalize it with custom features or aesthetics.
• Lease terms are often for short periods, allowing you to swap out the car you drive on a more frequent basis
• Financing with an auto loan allows you to raise your credit score and build credit by paying on time.
• When a lease ends, you don’t have to figure out what to do with your old car. All you have to do is bring it back to the dealership for a new model.

Buy or Lease and Save at Walt Massey Chevrolet

Whether you want the commitment of a long-lasting vehicle or the freedom of short contracts, we would be happy to connect you with the plan that works best for your lifestyle and needs. Contact us at Walt Massey Chevrolet to go over your options. You can count on our experts to help you take all the right steps to make the most of the vehicle you want. You can also see our entire new Chevrolet inventory online to imagine the possibilities.