Leasing is a great fit if you like driving a new vehicle every 2-3 years, prefer lower monthly payments, and typically drive under 10,000-12,000 miles per year. If you drive a lot of miles, tend to keep vehicles for many years, or want to build equity, buying may be a better fit. Our team can walk you through both options.

When you lease, you pay for the vehicle's depreciation during the lease term — not the full purchase price. You make monthly payments for a set term (typically 24-36 months), return the vehicle at the end, and can lease a new one. Your payment is based on the sale price, residual value, money factor, and any rebates applied.

Leasing pros: Lower monthly payments, always driving a new vehicle, warranty typically covers the full term, no long-term depreciation risk.

Leasing cons: Mileage limits apply, you do not build equity, excess wear charges at end of lease, early termination can be costly.

Most Chevrolet lease offers through GM Financial work best with a credit score of 700 or higher. Scores between 650-699 may still qualify but could result in a higher money factor. Our finance team works with a range of credit situations — call us at 619-460-1311 to discuss your options.

Due at signing is the total amount paid upfront when you sign the lease. It typically includes your first month's payment, any down payment, acquisition fee, and applicable taxes and fees. On our current offers the due at signing amount includes the customer down payment plus the value of qualifying rebates applied at signing.

The residual value is the estimated worth of the vehicle at lease end, set by GM Financial at signing. A higher residual means lower monthly payments because you are paying for less depreciation. For example, a 55% residual on a $30,000 vehicle means GM Financial estimates the vehicle will be worth $16,500 at the end of your lease.

At lease end you have three options: return the vehicle and lease or buy a new one, purchase it for the predetermined residual value, or extend month-to-month in some cases. You are responsible for excess mileage charges ($0.25/mile on current offers) and a disposition fee of $395 or less if you do not lease or buy another GM vehicle. Normal wear and tear is expected.

A Conquest Lease rebate is an incentive for customers currently leasing or financing a competing non-GM brand vehicle — think Toyota, Honda, or Ford. It rewards you for switching to Chevrolet. Proof of an active competing brand lease or loan is required at signing.

Leasing a Silverado typically results in $100-$200 lower monthly payments than financing since you only pay for depreciation during the lease term. Financing means you own the truck at the end with no mileage restrictions. For business owners, leasing a truck may also offer tax advantages. We can run the numbers on both options for you — just ask.

Yes — Bob Stall Chevrolet in La Mesa is your local Chevrolet dealer serving San Diego, Santee, El Cajon, Chula Vista, and beyond. We update our lease specials monthly. Visit us at 7601 Alvarado Road, La Mesa, CA 91942 or call 619-460-1311.