When deciding whether to buy or lease a brand-new Corvette, it's crucial to consider the cost of owning the car. The vehicle will depreciate the most in the period immediately following the purchase, while maintenance costs will increase dramatically as the car ages. Once the factory warranty expires, Baltimore drivers will assume the risks of repair expenses. The financing professionals at Ciocca Corvette in Atlantic City, NJ will assess your situation and help you choose the optimal solution.
Repair Costs
Since most leases are only two-to-four years long, your new Corvette will likely be backed by its primary warranty for the full lease period. Philadelphia drivers will have peace of mind knowing that if anything goes wrong with the car, it's covered. When you finance a Corvette, the warranty will run out eventually, and you'll then be responsible for the cost of any repairs.
Resale Value Concerns
When you finance a new Corvette, you're more vulnerable to other factors that may reduce its value that may be beyond your control. These influences can include the economy, technology, publicity, or an accident. With a Corvette lease, people in Washington need not be concerned about the resale value of the car because the residual price is already locked in when the lease contract is written.
Contact Ciocca Corvette for More Information
Corvette enthusiasts from Florida to New York can benefit from a Ciocca lease deal that lets them drive their dream car for less. Since they won't have to spend as much for repairs, and they won't have to resell the vehicle or trade it in, a lease may be the best route to attaining a new Corvette. Contact the team at Ciocca Corvette for more details.