How Does a Chevrolet Lease Work?Lease terms typically range from 24 to 48 months. At the end of the term, you have the option to purchase the car, return it, or lease a new one.
Are There Mileage Limits?
Yes. Most Chevrolet leases include annual mileage limits, commonly ranging from 10,000 to 15,000 miles per year. If you exceed the mileage limit, excess mileage charges will be applied at the end of the lease. If you drive more than average, higher mileage options are often available.
Is a Down Payment Required?
Chevrolet lease programs often require a down payment, though the amount can vary depending on the model, lease terms, and your credit profile. Some promotional lease offers may feature low or $0 down payment options.
What Happens at the End of a Lease?At the end of your lease, you have three options:
- Return the vehicle and walk away
- Lease a new Chevrolet
- Buy out your current lease for a predetermined purchase price
Our dealership team will guide you through the lease-end process to help you make the best decision.