Lets learn leasing
Want to Lease a New Chevrolet?
What mileage can I drive?
10K, 12K, and 15K per year. Increasing mileage will increase the payment amount.
How long is the term?
24, 36, or 39 months. The longer the term, the lower the payment.
What is residual?
It's the remaining balance at the conclusion of the lease, assuming all payments are satisfied.
Is there an acquisition fee?
No, it's $0.
Can I trade a car with negative equity?
Yes. Negative equity can be rolled over into the lease. Higher the negative equity, higher the payment.
What credit score is needed?
600–800+. We work with all credit types.
Is there a mileage penalty?
Yes, 25 cents per mile over the allowed mileage.
But wait, I don't own the car?
Correct. You don’t own the car unless you buy it at the end of the lease term. Leasing means committing to a lower cost upfront, with the option to buy later.
Leasing is a great option to enjoy a lower cost of ownership, full warranty coverage, and the latest technology every few years. Happy driving in America's #1 brand!