Dec 14, 2021

If you’ve noticed, more people are leasing their vehicles more regularly than choosing to purchase a new vehicle. If you’re wondering why we believe it is due to the short-term options, incentives, newest technology every few years, and more! This week, we want to talk about a few things you’ll want to know about leasing a vehicle before making the choice for you! 

Benefits of leasing your next vehicle: 

  • Lower repair cost thanks to warranties 
  • Lower monthly payments compared to buying 
  • Little to no down payment 
  • Fewer obligations – simply turn in your keys and walk away at the end of your lease 
  • You get to choose a new vehicle every few years 

The length of a new vehicle lease can vary depending on what your needs may be and how many miles you typically drive in a year. (It’s helpful to know this information before stopping in!) Most lease terms typically last between two to four years, three being one of the most common. When it comes to mileage, your lease will be between 12,000-15,000 miles/ year. 

Once you decide on mileage, now is a great time to discuss payments and options with your salesperson. Depending on the length of lease and mileage will depend on what your monthly payment ends up at. We also encourage you to check out our monthly specials to help save while getting into that new lease! 

A few things to ask our sales team: 

  • Can I transfer the lease later? 
  • What will the total cost be? Any fees? If so, what are they? 
  • What is the warranty and what does it cover? 
  • Do you offer GAP insurance? Is it included?

Find Your Next Lease Here: https://www.gofiorevw.com/searchnew.aspx