How to Buy Out Your Chevy Lease

If you’ve taken out a Chevy lease, you already know it has an expiration date. That, in turn, raises a question: when it’s over, what comes next? If you’ve fallen in love with the car, you’re not obligated to lease another; instead, turn to Scott Chevrolet for help buying out your Chevrolet lease. 

Know Your Terms and Conditions

At the beginning of a lease, most lessees’ primary concerns are the duration, mileage, and avoiding wear and tear penalties. When the lease draws to a close, you’ll want to revisit your paperwork since the price to purchase the vehicle is disclosed at inception. You can compare this to current market values and see if you have some wiggle room in which to negotiate.

Do the Math

One of the most significant benefits when you took out your lease was that you didn’t need much money down to enjoy low monthly payments. Now, however, you’ll want to give that matter some thought. Financing is different since you can lower your monthly payments by putting some money down. If you’re still early in your lease or have some time before it expires, use our payment calculator to run the numbers and see how to lower that cost.

Begin Financing

When you lease a vehicle, you’re essentially renting rather than buying, so you don’t have a loan. However, when you buy the car out, you’ll have the same financing options as when you buy a vehicle without leasing first. Our professionals will help you compare financing options to ensure you get the best offer.

Learn About Chevy Lease Buyouts in Allentown, PA

No matter what your Chevy lease or buyout needs may be, Scott Chevrolet is here to help. Learn how you can take home the car you like best when you come down to our dealership.

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