---
id: faq-0016
title: "What's the difference between leasing and buying?"
category: faq
subtopic: financing
page_type: faq
source_url: "https://www.castlechevycars.com"
tags: ["financing", "lease", "purchase", "buy-vs-lease"]
questions:
  - "Should I lease or buy a car?"
  - "What are the pros and cons of leasing?"
  - "Is it cheaper to lease or buy?"
related: [lease-terms, financing-options]
dealer: Castle Chevrolet of Villa Park
---

Leasing and buying each have different benefits-the right choice depends on your driving habits and preferences.

**Buying** means you own the vehicle, can drive unlimited miles, and make no mileage payments. You build equity and can customize your car. Monthly payments are typically higher, but there's no return surprise.

**Leasing** gives you a new car every few years with lower payments, warranty coverage, and no resale hassle. You're limited to a mileage allowance and must keep the car in good condition.

Castle Chevrolet's Finance Department handles both options for new Chevrolets and pre-owned vehicles. To compare real numbers for your situation, **call (630) 279-5200** and let our team show you the costs side-by-side.