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Buy vs Lease in Chicago, IL

Buy vs Lease in Chicago, IL

At South Chicago Chrysler Dodge Jeep Ram, we have a loaded arsenal of top-notch driving options to choose from. Once you select the perfect vehicle to add to your lineup, you must determine whether buying or leasing best fits your financial and driving restrictions. In the meantime, we will give you a brief overview, so you can mull over your options before you take the plunge. If you have any questions, contact our Finance Department at your earliest convenience. 

Leasing

Let’s begin with the most flexible option in the automotive acquisition process. Otherwise known as leasing, this route allows you to essentially borrow the vehicle you have your heart set on for a predetermined period of time. Since terms generally last between two and four years, and you won’t own the vehicle at the end of your contract, you will be able to experience the latest automotive updates on a more frequent basis. Best of all, you will only have to cover the depreciation of the vehicle while it is in your care, which is a much lower monthly rate compared to buying. And, since your annual mileage is heavily dependent on this dollar figure, you will be able to adjust how much you pay. Finally, once your agreement ends, you’ll have the opportunity to upgrade to one of the newest vehicles on the market, hand in the keys and walk away, or pay the difference to keep the driving option for good. 

Buying

On the other side of the fence, if you are the type of person that likes to see a return on your investment, then buying will be more up your alley. When you drop by our Finance Department, we will split up the full cost of the driving option over a period of time that falls between four and seven years. This way, you will be able to chip away at the sticker price without having to break the bank. Then, once you make your final payment, you will have achieved full ownership of the model. And, when you do decide to upgrade, you are free to use the vehicle as a trade-in to offset the cost of your new set of wheels. If you are looking to get started before you pay us a visit, make sure to use our Payment Calculator to view your buying power and potential interest rates. 

Inventory

If you want to lay some groundwork before you walk through our doors, then we highly recommend that you utilize our online inventory to view everything that we currently have in stock. Are you in the market for a family-friendly driving option that boasts up-to-date safety features and technology systems? You can’t go wrong with the Chrysler Pacifica or Dodge Durango to also put some much-needed cargo space in your control. Or, if you are in the market for peak muscle to lend a helping hand while traveling to the next job site, consider opting for the Ram 1500. Lastly, you can put yourself at the pinnacle of excitement with the Dodge Charger or Chevrolet Camaro, thanks to superior horsepower and torque ratings.

Once you decide whether to buy vs lease in Chicago, IL, make your way to South Chicago Chrysler Dodge Jeep Ram. To have your questions answered, contact us today.


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(773) 912-5687

Dealership Information

Testimonials

I love my car .

Tiffany Love
3-27-2019
Full Star Full Star Full Star Full Star Full Star

I went Here 3 months ago wit a open loan and I had no money I was 100% sure they was gonna ask for money.. they did but I had 3 months to pay $500 bucks ..I ain’t have none right then and there .. I came there on the bus 73rd western me and my cuddy .. i highly recommend you go there if your credit score is 570 or better and you got a good income it close to it .. l was put you in a car I have a 2017 48,000 miles I was so shocked because I ain’t think I’ll get a car .. because I had a car from jd byrider and they played me wit that old axx car other story .. but I say go there an ask for rj and tell him Tiffani sent you .. best of luck .. I love my car ..

Keep up the Good Work

Kimberly Chatman
3-11-2019
Full Star Full Star Full Star Full Star Full Star

I can't speak for others but I purchased my first car from here back in 2012 and have always received good service. I personally feel its better to get your car serviced on the week day when it is less busy. Dave is awesome and hard working. The workers are always quick to acknowledge your presence and ask if you need anything. Some say dealerships are more pricey but I found out the hard way, I'd rather take my car here as opposed to a fly by night mechanic just to save an extra buck. keep up the good work guys

The customer services is great!

Franshaw Davis
3-7-2019
Full Star Full Star Full Star Full Star Full Star

Didn't go there to buy a car I was getting my car fixed and ended up leaving my old car and buying a new one. The customer services is great! The staff will do whatever it takes to make sure you leave happy. Ray is the best!

I highly recommend this place

Patrina Porter
3-4-2019
Full Star Full Star Full Star Full Star Full Star

Love this place I am a dodge girl and I've got all of my cars from here. Very family oriented. I highly recommend this place

Experience was incredible

Rosario Vargas
3-1-2019
Full Star Full Star Full Star Full Star Full Star

I'm not someone who writes a lot of reviews. I recently bought a Hyundai Santa Fe, and the experience was incredible. The sales representative assisted me with the purchase was Armando Bautista. He was very knowledgeable. He did everything he could to assist in the purchase of the vehicle to make sure all expectations were met. He was friendly and patient in the whole process, and explicitly explains all the fees /taxes / Insurance that may apply. I would strongly recommend you check them out. Even if they don't have the car on their lot, they will do everything they can to get it delivered for you.

Thanks for the Help

Alex Rivera
2-20-2019
Full Star Full Star Full Star Full Star Full Star

Good dealer doesn’t push you and the guy who help us it’s top of the line ask for Brian best guy there thank Brian for helping his to get our car

Overall great experience

Steve Fleming
2-13-2019
Full Star Full Star Full Star Full Star Full Star

I was very skeptical of their listed price but I was assured by Carl and Eddie that the price was right and there were no hidden fees or discounts that I would not qualify for. I live over 2 hours away and did not want to make the drive to be disappointed by a price change or different vehicle. On the way there we got a call from Hector to advise us that he was now going to be our salesman and he was confirming our appointment. Now we thought the game was starting, new salesman new price, probably not going to have the vehicle....... When we got there Hector was waiting in the lot and pulling up the Jeep. It was the right Jeep, they honored the listed price (which was great) and Hector was awesome, very honest and pleasant to deal with. Hector was the best salesman I’ve had in 35 years of buying cars. Overall great experience, I only wish it was located somewhere with less traffic.

I drove off the lot and was happy.

Happy!
2-7-2019
Full Star Full Star Full Star Full Star Full Star

Ok I never brought a car from a dealer till now.. But the experience was great. I drove off the lot and was happy.

Great Job

William Dorado
7-12-2019
Full Star Full Star Full Star Full Star Full Star

The technician that worked on my car was awesome. He did a great job. I would definitely recommend him.

very knowledgeable

Carlos Guevara
7-11-2019
Full Star Full Star Full Star Full Star Full Star

was greeted by a sales consultant William Massenburg who took care of me throughout the whole process. I told him which jeep I wanted and he didn't try to sell me a upgrade. He was very knowledgeable and was treated like a person not a sales. I would recommend him.

Helping Hand

Darrin Muhammad
7-6-2019
Full Star Full Star Full Star Full Star Full Star

I was REFERRED to this location to work with a specific salesman a few years ago to purchase a NEW van. He did a great job helping us get a new van and then a couple of years later we went back to him and got another new van.... Now he is no longer there, so we will see what happens when its time to purchase again... Service department has always been great and Larry kept up the Great history I've had...

They are always nice when you call :)

Pam S
7-5-2019
Full Star Full Star Full Star Full Star Full Star

I love this place. They are always nice when you call.. thanks to Larry. Also the #1 Service Advisor is Carl. He’s always nice and informative. He always greets you with a smile and always makes you feel welcome. He will get you in and out. Will check on anything you need. Thanks to you Carl, you’re great!! Like

very informative

Salim Safran
7-2-2019
Full Star Full Star Full Star Full Star Full Star

very informative to all customers and very much lower than many aftermarket shop. Thank you

service is wonderful

David Purnell
6-28-2018
Full Star Full Star Full Star Full Star Full Star

I love south Chicago Dodge.... there custom service is wonderful

Shout out to the Team

Jeaneete Cruz
6-20-2018
Full Star Full Star Full Star Full Star Full Star

Shout out to Larry and his team. My spare remote control key was unfortunately stolen from my home and found myself needing to reprogram/replace my current remote. Larry was very helpful in explaining the different scenerios that could occur. Nevertheless, he reassured me I would be taken care of. The service I receive was above and beyond of what I expected. Thank you, truly appreciate it!

You Guys Are The Best!

Brian B.
5-17-2018
Full Star Full Star Full Star Full Star Full Star

This was the only place to leave a testimonial. I have to say this is the best dealkership I have ever gone to. Mike Major was incredible. I never thought walking into the door I would be leaving out with a 2018 Dodge Charger but Mike made it happen. After visiting and being rejected by several dealerships some just down the block from this location Mike was a pleasure to work with. He explored every way to get me into a vehicle and guess what, I'm in a new 2018. You guys are the best.

Great Sales Person

1-12-2018
Full Star Full Star Full Star Full Star Full Star

Mr. Darnell Brown helped me get out of my old troublesome car: with bad credit and no money down. He assured me that I would walk out with a nice car and thats just what he did. I am the proud owner of a 2016 Chevy Malibu thanks to Darnell Brown. Please believe me when I tell you all the good reviews you read about him are true!!!

Referrals

Edward Sarden
1-31-2018
Full Star Full Star Full Star Full Star Full Star

I want to thank Gregory Alston for his professional assistance in the referrals, Roberto Saldana & Amelia Madrigal I brought in. They ended up purchasing a new car. And the main reason was because of Mr. Alston professionalism and care in meeting the needs of the Saldanas. Also, I thank him for submitting my name for the $200 Bird Dog Referral. Roberto and Amelia really felt comfortable, along with me in helping them attain their new car.

Great Customer Service

12-29-2017
Full Star Full Star Full Star Full Star Full Star

I believe Darnell gave great customer service. He was very friendly and helpful. I would recommend him to anybody interested in visiting South Chicago Dodge.

Great Car Buying Experience

12-20-2017
Full Star Full Star Full Star Full Star Full Star

I had great car buying experience and trust me that is hard to come by. Darnell Brown was a great and recommend them and him highly.

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