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Lease Or Buy Chevrolet? A Top SoCal Dealer Shares Insider Info

May 01, 2019

Lease or Buy - Chevrolet?
Should you lease or buy when it comes to Chevrolet vehicles?  Or any vehicle for that matter.

In recent years, leasing vs. buying has been on the rise.  And for lots of good reasons.  For instance, who doesn't like getting a new car every few years?

Also, always having a newer car that's covered under a factory warranty offers a great feeling of protection.  And then there's the element of being able to afford a little nicer car for a little lower payment... the list of 'pros' to leasing versus buying goes on.

However, there are cons to leasing versus buying.  Personally, I don't think the cons outweigh the pros... but I used to.  That's why I love sitting down with experts to discuss this very topic.

In this iDriveSoCal Podcast, we get the lowdown on leasing versus buying from Lewis Cook, General Manager of Martin Chevrolet.  Click play below to hear the details.  (BTW - I think this report is a listen rather than a read... but consume it as you wish.  I also lease instead of buy! :0))

***Transcription***
Recorded at Martin Chevrolet, Torrance, CA

Lease Or Buy Chevrolet?
Lewis: You ultimately are paying less interest, that’s cool, for a lot of people - for everybody.

On a lease, you don’t pay the tax upfront. It’s another huge part of the savings that you get from leasing.
"...paying less interest... you don't pay tax up front... an option at the end of a lease to purchase the vehicle if you want."
You have an option at the end of that lease to purchase the vehicle if you want. When you come and you’re going to lease again, you find, if you are over mileage...  there’s a good chance that the dealer can absorb some of that.

Tom: Welcome back to iDriveSoCal, the podcast, all about mobility from the automotive capital of the United States, Southern California.

Behind the Scenes on Leasing with Lewis Cook.

Tom here and I am very excited to be sitting down and recording a podcast with my friend, Lewis Cook, General Manager here at Martin Chevrolet in the Los Angeles suburb of Torrance, California, right off of Hawthorne Boulevard.
"When you come and you’re going to lease again, you find, if you are over mileage...  there’s a good chance that the dealer can absorb some of that."
So I’m really, really excited to be working with Lewis and Martin Chevrolet for the proximity reason, but also because these guys are just awesome, and Lewis is a fantastic human being!

Lewis: Your intros are getting better and better!

Can we do that again? [Laughs] It just feels good. Don’t worry, we got it recorded.

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