Get the Lease of a Lifetime at Team Chevrolet Buck GMC of Huntingdon, PA!

At Team Chevrolet Buick GMC, we’re dedicated to making sure our customers get the vehicle they want at a price that’s perfect for them. Which is exactly why you may want to consider leasing your next vehicle.

Leasing Basics

Leasing can confuse and intimidate some potential buyers. Financing is pretty simple; you make monthly payments that add up to the total value of the vehicle. When you lease, you essentially do the same thing, make monthly payments until you reach the value agreed upon by you and the dealer. However, the payments are based on only a fraction of the vehicle’s value. Specifically, it’s the value the vehicle loses from the moment it leaves our Huntingdon, PA Chevrolet dealership, to the moment it returns when the lease expires. Here’s an example:

You want to lease a 2020 Chevrolet Camaro for 36 months. The total value is right around $40,000, and the value lost over the 36-month lease is determined to be about 25% of the total value, or $10,000. So for that three years, you pay off that $10,000, plus any taxes and applicable fees. Once that lease is up, it’s up to you whether you want to enter into a new lease with another vehicle, or switch to a financing plan to pay off the rest of the value of the Camaro. What this means is that, if you wanted to, you could be driving a brand-new car every couple years, but paying a fraction of what they’re worth!

So when you’re ready to get the most for your money, stop in to Team Chevrolet Buick GMC to get the best lease deals around! Our Huntingdon, PA Chevrolet dealers work with you and your budget to get you into the best car available!

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