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Buy vs Lease near Downers Grove, IL

Buy vs Lease near Downers Grove, IL

If you are in the market for a new Chevrolet driving option, then there are two main avenues that you can take to acquire your dream ride. We at Bill Kay Chevrolet are here to give you a refresher course on financing and leasing, so you can make a choice that best fits your driving and financial needs. If you have any questions or concerns after reading our overview, contact our Finance Department to have your inquiries answered in an expedited manner! 

Inventory

Before you make your decision on which contract best suits your needs, you must find a driving companion to fuel your excursions. We make this an easy task when you tap into our online inventory right from home! Just select the corresponding dropdown at the top of your screen to be redirected to a page with all of the new Chevy models that we currently have in stock. You will notice that we include plenty of different segments, so make sure to consider your driving needs like spatial capacity, technology, fuel efficiency, and performance. If you are a commuter, then you might want to take the helm of the Cruze to get the most out of your tank. Or, if you are searching for a family-size ride, then the Traverse, Suburban, or Equinox will certainly get the job done. For raw strength on and off the jobsite, the Silverado 1500 will raise the stakes!

Financing

Now that you know a little about how our website works and the vehicles that are available, let’s address the option that will lead you toward full ownership of your ride. Otherwise known as financing, this route to auto acquisition consists of our Finance Department splitting up the full cost of your potential vehicle over a period of time that spans between four and seven years. This way, you won’t have to cover the total cost up front, and can slowly chip away at the sticker price. This is the best option if you drive varying distances, because you will have a mileage allotment if you opt for a leasing agreement, which can be a bit restrictive. Best of all, when you do decide to upgrade, you can use your vehicle as a trade-in to offset the cost, or you can always hand the keys over to your teen when they start driving!

Leasing

On the other side of the fence, you also have the ability to lease the Chevrolet that you are interested in, which is commonly referred to as the most flexible option. That is because terms generally last between two and four years, and allow you to upgrade on a more frequent basis. Since you aren’t paying to own, you will only have to cover the model’s depreciated value, which will be far lower when compared to financing. These savings can allow you to upgrade from the base model, spring for package upgrades, and add available features that you never thought you could afford when purchasing a vehicle outright! Many lessees also use these contracts as test runs to determine if they want to keep a model for good, since you reserve the right to finance through a loan when your agreement ends. Or, if you don’t opt for that, you can always hand in the keys and walk away. 

Once you decide whether to buy vs lease near Downers Grove, IL, you can finalize your plan at Bill Kay Chevrolet! Our friendly representatives are ready to assist you along the way.


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630-413-4641

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Dealership Information

Testimonials

"Great Experience"

1925dudley
DEALERRATER
7-9-2020
Full Star Full Star Full Star Full Star Full Star

Working with Xavier Crump was a pleasure! Super responsive to all of my questions, not to mention got me a great deal. If you want a new vehicle go and see him. Don't forget to check out his cool mouse!!!

Tony
CARGURUS
7-8-2020
Full Star Full Star Full Star Full Star Full Star

Great

"Amazing job by everyone who took care of us . They had..."

kary0707
DEALERRATER
7-7-2020
Full Star Full Star Full Star Full Star Empty Star

Amazing job by everyone who took care of us . They had all the answers to all my questions and our family left with a car we needed . Took the extra steps of putting a nice pink bow on the car as it was my bday weekend. Loved it !

"The sales people where very helpful and took the time to..."

vicrios9963
DEALERRATER
7-7-2020
Full Star Full Star Full Star Full Star Full Star

The sales people where very helpful and took the time to help my needs the fact they cleaned the truck and filled the gas tank was great

Jordan Pardon
Jordan Pardon
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star

Bought my truck at Bill Kay and was helped by Xavier. He approached me right away and was very professional from start to finish, along with acting more like a friend than just a typical salesman. Didn’t give me any b.s. fees and made the process very smooth. 100% recommend Bill Kay as a dealership to shop at and Xavier as the man to purchase through. 5 stars all day.

Karen Rojas
Karen Rojas
GOOGLE
7-2-2020
Full Star Full Star Full Star Full Star Full Star

My boyfriend had an incredible experience with salesman, Xavier. He was extremely professional and very personable. After going to multiple dealerships looking for a truck at a good price, he found the perfect one at Bill Kay. Would highly recommend going in and asking for Xavier! Cannot day enough great things about him & this location.

"Xavier was very professional and knowledgeable. He really..."

JPrindle
DEALERRATER
7-1-2020
Full Star Full Star Full Star Full Star Full Star

Xavier was very professional and knowledgeable. He really understood what I was looking for and made my experience great! Highly recommend him & dealership! Thank you!!

"Pleasant surroundings. Health conscious.Vehicle was in..."

Edwardn102
DEALERRATER
7-1-2020
Full Star Full Star Full Star Full Star Full Star

Pleasant surroundings. Health conscious. Vehicle was in stock as advised. Salesman, Connor McDermotte was extremely knowledgeable about the car. Respectful and helpful. Returned my calls

"Their prices beat any dealerships in Indiana where I am..."

Roadglide71
DEALERRATER
6-30-2020
Full Star Full Star Full Star Full Star Full Star

Their prices beat any dealerships in Indiana where I am from. Worked with Paul Degrazia on the purchase of my new Silverado. Awesome salesman. A

"This dealership service dept and staff always provides..."

tbooe
DEALERRATER
6-30-2020
Full Star Full Star Full Star Full Star Full Star

This dealership service dept and staff always provides exceptional service. They go above and beyond what is expected and keep you informed from write up to pick up.

"Got in on time, had the part on hand. Got the vehicle..."

LMOZOCKIE
DEALERRATER
6-29-2020
Full Star Full Star Full Star Full Star Full Star

Got in on time, had the part on hand. Got the vehicle report and everything was finished on time. The car wash was included also.

"Nice and friendly service staff. Blake very attentive...."

Liz
DEALERRATER
6-28-2020
Full Star Full Star Full Star Full Star Empty Star

Nice and friendly service staff. Blake very attentive. Cashier was very nice and polite. But took longer then I anticipated. But all in all nice people to do business with

"Just 60,000 Service of my Suburban. Easy to set up the..."

sbrakeman
DEALERRATER
6-27-2020
Full Star Full Star Full Star Full Star Full Star

Just 60,000 Service of my Suburban. Easy to set up the appointment and drop the car off and have it done when I needed it

Connor takes care of his customers. He'll follow through...

Aaron
CARS
6-27-2020
Full Star Full Star Full Star Full Star Full Star

Connor takes care of his customers. He'll follow through on any open items timely. Easy to work with and knowledgeable about the Chevy product line.

Just 60,000 Service of my Suburban. Easy to set up the...

sbrakeman
CARS
6-27-2020
Full Star Full Star Full Star Full Star Full Star

Just 60,000 Service of my Suburban. Easy to set up the appointment and drop the car off and have it done when I needed it

"Connor takes care of his customers. He’ll follow through..."

Aaron
DEALERRATER
6-27-2020
Full Star Full Star Full Star Full Star Full Star

Connor takes care of his customers. He’ll follow through on any open items timely. Easy to work with and knowledgeable about the Chevy product line.

"They did an amazing job. My first few oil changes used to..."

maribeth_kaye
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Empty Star

They did an amazing job. My first few oil changes used to include a car wash which I was disappointed was not happening at my last two oil changes.

Matthew Daniel
Matthew Daniel
GOOGLE
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Marc in the Service Department has been so helpful with my recent repairs. Update calls are very informative and detailed. Been taking my car here for repairs and routine service since I bought it and I plan to keep doing so!

"Based on my experience they are top notch. Bought my..."

BKAVERY57
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Based on my experience they are top notch. Bought my truck there and got a fair price for it as well as my trade in. Service department is excellent.

"Never had a disappointing time going to Bill Kay Service!..."

flowjaime
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Never had a disappointing time going to Bill Kay Service! Everybody's so happy to help, and the service is outstanding everytime! Jaime goes above and beyond for me every time

"I'm new to this dealership and can honestly say that it..."

ROBERT
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Full Star

I'm new to this dealership and can honestly say that it was one of the best service experiences that I've had! Great job Blake and team.

"Purchased a used corvette. The fuel pump died when I got..."

FRITZYJP
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Empty Star

Purchased a used corvette. The fuel pump died when I got it home. They sent out a truck to pick it up and made it right. I will definitely do business with them in the future.

"Al was fantastic to work with. Appreciate everything he..."

1nellollc
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Al was fantastic to work with. Appreciate everything he did for me to make deal as easy and quick from start to finish. Greatest experience i have had buying a car

"Great service, friendly, went above and beyond to stay..."

Jrichmond03
DEALERRATER
6-26-2020
Full Star Full Star Full Star Full Star Full Star

Great service, friendly, went above and beyond to stay after so I could make the purchase and not drive back. I appreciate that! Cleverly clean car - great price!

"Rest assured."

ATBETC1
DEALERRATER
6-25-2020
Full Star Full Star Full Star Full Star Full Star

From purchase to service and all stops in between I have received professional, top quality service from the entire staff. My hats off to you folks at Bill Kay Chevrolet of Lisle. Your quality of vehicles to select, to answering any and all questions completely, to scheduling appointments, all was smooth and seamless. Thanks, and yes I would recommend your business.

Rest assured.

ATBETC1
CARS
6-25-2020
Full Star Full Star Full Star Full Star Full Star

From purchase to service and all stops in between I have received professional, top quality service from the entire staff. My hats off to you folks at Bill Kay Chevrolet of Lisle. Your quality of vehicles to select, to answering any and all questions completely, to scheduling appointments, all was smooth and seamless. Thanks, and yes I would recommend your business.

Had some confusion at when I first contacted them about...

kenpat50
CARS
6-24-2020
Full Star Full Star Full Star Full Star Full Star

Had some confusion at when I first contacted them about car however, worked out ok. Very nice people. Just started with them so hopefully service is just as good. Will let you know thanks Ken.

"Honestly I went to Bill Kay after a few failed attempts..."

eric.kirshner
DEALERRATER
6-24-2020
Full Star Full Star Full Star Full Star Full Star

Honestly I went to Bill Kay after a few failed attempts at finding a deal on a Corvette at other Chevy dealers. I should have gone to Bill Kay first. Sales staff and finance staff were very friendly, helpful, and made the buying process a breeze. Definitely would buy there again.

"Had some confusion at when I first contacted them about..."

kenpat50
DEALERRATER
6-24-2020
Full Star Full Star Full Star Full Star Full Star

Had some confusion at when I first contacted them about car however, worked out ok. Very nice people. Just started with them so hopefully service is just as good. Will let you know thanks Ken.

Xavier was a really big help in guiding me to purchase my...

Bianca
CARS
6-23-2020
Full Star Full Star Full Star Empty Star Empty Star

Xavier was a really big help in guiding me to purchase my first vehicle! I appreciated his time and patience. I'm very happy with my Jeep.

Honestly I went to Bill Kay after a few failed attempts...

eric.kirshner
CARS
6-23-2020
Full Star Full Star Full Star Full Star Full Star

Honestly I went to Bill Kay after a few failed attempts at finding a deal on a Corvette at other Chevy dealers. I should have gone to Bill Kay first. Sales staff and finance staff were very friendly, helpful, and made the buying process a breeze. Definitely would buy there again.

"Xavier was a really big help in guiding me to purchase my..."

Bianca
DEALERRATER
6-23-2020
Full Star Full Star Full Star Empty Star Empty Star

Xavier was a really big help in guiding me to purchase my first vehicle! I appreciated his time and patience. I’m very happy with my Jeep.

"great service"

toddeisenmann
DEALERRATER
6-20-2020
Full Star Full Star Full Star Full Star Full Star

excellent very helpful was done on time very clean place of work Jaime was great very helpful very pleased with bill kay chevy thanks agian

kristy alvarez
kristy alvarez
GOOGLE
6-20-2020
Full Star Full Star Full Star Full Star Full Star

Always so friendly and helpful.

great service

toddeisenmann
CARS
6-20-2020
Full Star Full Star Full Star Full Star Full Star

excellent very helpful was done on time very clean place of work Jaime was great very helpful very pleased with bill kay chevy thanks agian

Jim Wilmot
Jim Wilmot
GOOGLE
6-19-2020
Full Star Full Star Full Star Full Star Full Star

Jaime in the service department is phenomenal. Her ability to multitask and make the customer happy is something that should be a guideline. Thanks Jaime. You always seem to make a trip to service my vehicles, pleasurable rather than a chore. Also, the porters.. Always working there tail off to help. Some of the best guys you’ll ever meet. They are usually under rated, but let me tell you, from a customers perspective, one of the most important people working there. Thanks to everyone for making a trip to the dealership enjoyable.

"Jaime is an excellent service representative. Thoughtful..."

me2or3
DEALERRATER
6-18-2020
Full Star Full Star Full Star Full Star Full Star

Jaime is an excellent service representative. Thoughtful and always looking out for the customers needs. She even helped me figure out my rewards bonus. If there was ever a model service representative, it would be her. She could write the book for new employees on how to be a good service representative. Thank you Jaime for all your help.

"I brought my 2019 Corvette for it’s first oil changed...."

dross0233
DEALERRATER
6-18-2020
Full Star Full Star Full Star Full Star Full Star

I brought my 2019 Corvette for it’s first oil changed. the service writer and the technician that worked on the car did great work everyone was very nice and took care of me and I want to thank Mr. Thomas boo and his staff he’s got a good team of people that he works with. I will definitely be returning to this dealership for my next oil change. Thanks

"Blake and John were excellent. Professional and thorough...."

Ncasiello
DEALERRATER
6-18-2020
Full Star Full Star Full Star Full Star Full Star

Blake and John were excellent. Professional and thorough. Explained issues and solutions. Appreciated their expertise. The car was clean and work completed as Blake explained.

Greg Nelson
Greg Nelson
GOOGLE
6-18-2020
Full Star Full Star Full Star Full Star Full Star

Gave a good price on the car I bought there meet all the dealers around not a big selection of new cars but car get it if they dont have it large selection of used cars very nice people and no bs and no games

Jaime is an excellent service representative. Thoughtful...

me2or3
CARS
6-18-2020
Full Star Full Star Full Star Full Star Full Star

Jaime is an excellent service representative. Thoughtful and always looking out for the customers needs. She even helped me figure out my rewards bonus. If there was ever a model service representative, it would be her. She could write the book for new employees on how to be a good service representative. Thank you Jaime for all your help.

Blake and John were excellent. Professional and thorough....

Ncasiello
CARS
6-18-2020
Full Star Full Star Full Star Full Star Full Star

Blake and John were excellent. Professional and thorough. Explained issues and solutions. Appreciated their expertise. The car was clean and work completed as Blake explained.

I brought my 2019 Corvette for it's first oil changed....

dross0233
CARS
6-18-2020
Full Star Full Star Full Star Full Star Full Star

I brought my 2019 Corvette for it's first oil changed. the service writer and the technician that worked on the car did great work everyone was very nice and took care of me and I want to thank Mr. Thomas boo and his staff he's got a good team of people that he works with. I will definitely be returning to this dealership for my next oil change. Thanks

"Service was good, Covid precautions lacking"

dfhblh
DEALERRATER
6-17-2020
Full Star Full Star Full Star Empty Star Empty Star

The service done on the car was fine. No complaints. However, the employees were very lax as to Covid recommended precautions. Few wore masks, no use of hand sanitizer before handing papers to me for signature, no cleaning of door handles. I waited outside in the heat instead of using the waiting room as I had no confidence in the cleanliness of the room.

110% professional

scottmccawley
CARS
6-16-2020
Full Star Full Star Full Star Full Star Full Star

From the initial contact by email, to phone conversations, to the in-person visit, purchase and paperwork, I experienced care, courtesy and professionalism. I appreciated every aspect of my interaction in the purchase of my new car.

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