---
id: faq-0013
title: "What's the difference between buying and leasing a Chevrolet?"
category: faq
subtopic: financing
page_type: faq
source_url: "https://www.castlechevymchenry.com"
tags: ["lease", "buy", "ownership"]
questions:
  - "should I lease or buy?"
  - "lease vs purchase-what's the difference?"
  - "is leasing better than buying?"
related: [lease-terms, down-payment-buy, mileage-limits]
dealer: Castle Chevrolet McHenry
---

**Buying** means you own the vehicle outright after you pay it off. You keep it as long as you want, customize it, and don't worry about mileage limits. You're responsible for maintenance after warranty expires.

**Leasing** is like a long-term rental-you drive a new car for a set term (usually 2-3 years), make monthly payments, and return it. Your payments are often lower, the vehicle is under warranty the whole time, and you avoid the hassle of selling it later.

Buying works great if you drive a lot or want to keep your car for years. Leasing suits people who like driving new Chevrolets with the latest tech and want predictable costs.

**Ready to explore?** Call (779) 600-2956 to talk through which fits your lifestyle and budget.