---
id: faq-0103
title: "What does it mean to lease a car, and how is it different from buying?"
category: faq
subtopic: leasing
page_type: faq
source_url: "https://www.castlechevycars.com"
tags: ["leasing", "how-it-works", "lease-vs-buy", "basics"]
questions:
  - "What is car leasing?"
  - "How does leasing work?"
  - "What's the difference between leasing and buying?"
  - "Should I lease or buy?"
related: [lease-process, lease-benefits]
dealer: Castle Chevrolet of Villa Park
---

Leasing is essentially renting a car for a fixed period-typically 2-3 years-instead of owning it outright. You make monthly payments to use the vehicle, then return it at the end of your lease term. The main differences from buying: you don't own the car, mileage is typically limited, and you're not responsible for major repairs (usually covered by warranty). Leasing can mean lower monthly payments, a new car every few years, and less hassle. Buying means ownership, no mileage limits, and long-term value. Which is right for you depends on your driving habits, budget, and preferences. Castle Chevrolet's finance team specializes in both leasing and financing options for new Chevrolet vehicles. To explore whether leasing makes sense for your situation and to discuss current lease offers, call (630) 279-5200.