Why 24-month Lease terms on Chevy:
A 24-month Lease on Chevy is a very smart decision considering the following facts. When you lease a Chevy for 24-months, you pay only a portion of the vehicle's cost. Since you are only paying for the Chevy while you lease it, payments are 30% - 60% less. In most cases you have the option of not making a down payment, and you only pay taxes on your 24 monthly lease payments. Your first payment will be due at the time you sign your contract.
24-month lease terms are made up of two parts; the finance fee and the depreciation fee. The finance fee is the interest on the money the Chevy dealership has tied up in your New Chevy while you are driving it, and the depreciation fee is the portion of your payment that pays the leasing company for the loss in the value of the Chevy. You will repay part of the money in your scheduled 24-month lease payments, and repay the remainder when you either buy or return the vehicle when the lease term ends..
If you want to drive a new Chevy at the lowest 24-month lease payment, get multiple quotes from our preferred Authorized Chevy dealers.