Chevy Financing 101: Can I Finance a Lease?

You've got several options when it comes to the Chevy financing process for your new vehicle. One increasingly popular option with drivers is leasing a vehicle, but many customers are not familiar with all the details of how leasing works, such as whether you can finance a lease. Learn more about leasing with support from Shea Chevrolet.

How Do I Finance a Lease?

Leasing and financing are actually two separate methods for taking home a new Chevrolet vehicle. When you finance a vehicle, you take out a loan that you will repay over time, so you will own the vehicle in the future. When you lease a vehicle, you make monthly payments for the use of the model over the length of the term, but the car does not transfer ownership. Because the leasing process is akin to renting a vehicle rather than buying it, you cannot finance the lease, as there is no loan taken out.

When the lease on your vehicle comes to an end, however, you can move onto the financing process. At the end of the lease, you have the option of either returning your car to the dealership or, if you really like it, buying out the lease. If you owe a significant amount of money on the leased vehicle, you may decide to finance the buyout, just as you would when purchasing a new car.

Why Should I Finance with Shea Chevrolet?

At Shea Chevrolet, you'll find all the tools you need for both leasing and financing, so you can focus on picking out the next great model. Here are a few of the resources we have to offer:

• Online finance application
• Payment calculator
• Vehicle trade-in value estimator
• MyChevrolet Rewards
• Specials and deals on cars, parts, and services

Learn More About Chevy Financing and Leasing in Flint, MI

No matter what your vehicle financing needs may be, you'll find the team for the job at Shea Chevrolet. We carry a wide collection of new and pre-owned models you're sure to love, and we're excited to put you behind the wheel when the time comes. Begin the financing or leasing journey with help from our Flint, MI, Chevy dealership.