Should You Buy Or Lease Your Next New Chevy?
You have the perfect automobile right before you, yet you're hesitating. Why? One of the questions many drivers have is whether buying or leasing is the best option for them. You're not alone. Fortunately, you have the folks at Benson Auto Co. Inc. here to answer your questions, giving you a leg up on the car-buying process.
There are benefits to each option. When you're getting ready to experience the roads of Franklin, NH, in a new or pre-owned vehicle, having all the right information at your disposal is crucial. Take a look at some of the reasons shoppers choose one over the other.
Benefits of Buying
Buying Doesn't Limit You
Buying gives you a lot of freedom. You're not held back by a mileage limit like you would be if you leased. Buying allows drivers to maximize their aesthetic style. When you buy, you can upgrade or accessorize your ride to meet your specifications. It's a great way to show up and show out every day of the year.
Buying is Straightforward
Buying is a tried and true approach to car shopping. It's straightforward in that it allows drivers to know what to expect when taking a loan. You take a loan for the final negotiated price of the new or used vehicle you desire. Once you pay off the loan, you'll own your vehicle free and clear.
Buying Puts You in Control
Buying is a true power move. When you buy your next vehicle, you'll have the freedom you need to do whatever you want with your ride in the future. When it's time for you to transition to your next vehicle, buying allows you to sell your ride, trade it in, donate it to a worthwhile organization, or create a legacy by gifting it to the next generation. The power is in your hands.
Benefits of Leasing
Leasing is Affordable
Leasing is a great option that's friendly to your budget. Leasing allows you to save money every month because your monthly lease payments are typically less expensive than financing your Chevy in full. With the money you'll save, the sky's the limit.
Leasing Introduces Great Innovation
Leasing is a great option for you if you see yourself wanting a new vehicle every few years. Leasing allows drivers to enjoy the latest innovations in automotive technology, design, safety, performance, comfort, and more. Leasing is only available for recent model years, giving you the opportunity to be amongst the leaders on the roads.
Leasing Gives You Options
Your lease term won't last forever. When your lease ends, you'll have several great options from which you can choose. You can choose to lease a new Chevy and take your journey to the next level. You can choose to purchase your lease and keep your trusty vehicle by your side. You can choose to return your lease. Our knowledgeable team members are here to help if you have any questions.
Financing Made Simple
Our financing tools offer an easy and convenient way for you to shop from anywhere you desire. Start the process from home and get the loan approval you need before you arrive. We make it simple for you to go from looking to driving, so get started today.
Contact Our Finance Center to Learn More
Let the team at Benson Auto Co. Inc. help you get the most out of your financing experience. Contact us online or call our Finance Center to learn more about buying vs. leasing. Our experts are happy to be of assistance. We look forward to working with you.
FAQ
Financing means you borrow money to buy a vehicle. You make monthly payments until you own it outright.
Leasing works differently. You pay to use the vehicle for a set time. At the end, you return it or buy it.
What Documents Do I Need to Apply for Financing?
Our finance team serving Franklin, NH requires a few basic items to process your application:
- Valid driver's license
- Proof of income (pay stubs or tax returns)
- Proof of residence (utility bill or lease agreement)
- References (personal or professional contacts)
Most applications receive a decision within 24 to 48 hours. Some customers get approved the same day they apply.
We work with many lenders who offer various programs. Our team helps customers with different credit histories find options.
Yes, you can trade in your current car. Our team appraises your vehicle and applies its value toward your purchase.
You have three choices when your lease term finishes:
- Return the vehicle and lease a newer model
- Purchase the vehicle you leased
- Return the vehicle and walk away
Visit our finance department to speak with a specialist. You can also complete an online application through our website.
How Can We Help?
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BENSON AUTO CO., INC.
28 N Main St
Franklin, NH 03235
- Sales: (603) 671-3353
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