Finance or Lease Your Vehicle
When you shop for a vehicle at Chevrolet of Bend, you can pay for it via financing or leasing. When you finance a new or used vehicle, you take out a loan to pay for it. You then pay off the loan for the duration of your financing agreement, with interest added. Once the loan is paid off, the vehicle is yours.
When you finance a vehicle, you don't take out a loan; instead, you make monthly payments to our dealership so you can drive your leased vehicle. The lease deal usually lasts 36 months, but 24-month and 48-month leases are often available. When the lease ends, you have three options. First, you can trade in the vehicle for a new model to lease. Second, you can purchase the leased vehicle if you want to keep it. Finally, you can return the vehicle to our dealership with no further obligations.