How To Lease A Car & Get The Best Deal

Lease a car at Spitzer CDJR Homestead FL

How To Lease A Car & Get The Best Deal

Car Leasing Basics

Car leasing isn’t the easiest concept to understand. We’re here to break it down for you. By the end of this article, you’ll know what leasing is and how to do it right. We’re certain of that.

Leasing is another word for renting, often used in the automotive and real estate industries. A car lease has multiple benefits. To start, a car lease has lower monthly payments than a car loan. This is because instead of paying the entire price of a car like you would with a car loan, you only pay the amount the car’s value will depreciate over the duration of the lease. This naturally results in lower monthly payments.

While those savings are fantastic, a car lease gives you even more savings in the form of warranties. For the entirety of the lease, if the vehicle needs regular maintenance or any repairs, you can take it to the dealership you leased it from. They’ll be sure to get it back in tip-top shape for you. Though, not all damage done to the vehicle will be covered by a lease. Scratches and dents will result in a fine. Exceeding the vehicle’s yearly mileage limits — which could be around 10,000 or 15,000 miles a year — will also result in a fine. These and other fineable actions are detailed in the leasing contract.

For a more in-depth description about a car lease in Homestead, visit the finance center at Spitzer Chrysler Dodge Jeep RAM Homestead.

How To Lease A Car, Truck or SUV

Auto leasing is simple. First, inspect your monthly budget. Decide on an amount that you’re comfortable spending on a car every month. Then, visit our Jeep dealership. After browsing our wide selection of vehicles, we’re certain a few will have caught your eye. Give your favorite vehicles a test drive. Pay attention to their interiors, features and driving dynamics. You should feel confident that you’ll enjoy driving the vehicle for the next couple years.

Once you’ve narrowed your list down to a handful of cars, speak with our finance center about available financing for each vehicle. Here, you’ll discover which vehicles feasibly fit into your monthly budget and which ones don’t. If you have your heart set on a vehicle with monthly payments that are too high for your liking, tell our finance center what your budget is so that they can do their best to make it work for you. They usually do.

How To Get The Best Deal

Getting the best deal on a car lease isn’t as hard as you may think. There are 2 important things you should keep in mind: your credit history and your down payment. A great credit score and clean credit history will assuredly get you lower interest rates and monthly lease payments because the finance center trusts you to make your payments. The down payment you make is equally important. A larger down payment means there’s less value that needs to be paid over the duration of the lease, naturally resulting in lower monthly payments. Focusing on these 2 aspects are guaranteed to help get you a great deal on your lease.

More information on Lease vs Buying a Car

Pro Tip: Visit Our Finance Center

Now you’re familiar with the basics of leasing and how to get a great deal. Honestly, there’s one way to get the best deal: visit the finance center at Spitzer CDJR Homestead today. We’ll help find the terms that work best for your individual situation. Meet our finance experts today.

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