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Lease & Finance Options
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Drive more car for less money!
No down payment
Only money due at inception is the first payment, license fee and a refundable security deposit
Lower monthly payments
Only pay for the depreciation of the vehicle and interest
New vehicle every three to four years
Shorter terms enable you to get a new vehicle more often
No risk at maturity
Close ended leases mean that the future value of the vehicle is guaranteed and the customer is only responsible for excessive mileage , wear & tear and a disposition fee at the end of the lease
End of term options
Purchase vehicle at the residual value
You can keep the vehicle or sell it if the residual is lower than the actual market value
Finance the balance through a retail installment contract
Lease extension – many lenders offer extensions up to six months
Turn in vehicle and walk away – only pay a disposition fee
Turn in vehicle and purchase or lease a new one
Many lenders offer owner loyalty programs for price and fee reductions
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