How to Lease a Car

Are you shopping around Peachtree City and Fayetteville for an affordable vehicle with all of the bells and whistles you desire? You may be looking for ways to save on your monthly payments. When you lease a car, your payments are often much lower than they would be with traditional financing. How does leasing a car work? If you are new to the world of leasing, you might have questions about how to lease a car. We’re happy to help! Explore our guide on how to lease a car below, then get in touch with us for additional details.

How Does Leasing a Car Work?

So, how does leasing a car work? When you lease, you are essentially paying to use the vehicle for a set amount of time. The monthly payments are primarily based on the vehicle’s expected depreciation over the course of the lease period (plus any additional fees and interest charges built into the contract).

Learn how to lease a car below: 

• Stick to your mileage limits. Most lease contracts will feature mileage limits. If you exceed the mileage limits in your contract, you will be charged a penalty. Before you sign on the dotted line, we recommend calculating how much you drive regularly. This can help you determine if a lease works with your driving needs. 
• Keep up with routine maintenance. When you lease, you need to keep your vehicle as close to factory condition as possible, as you will be returning it to the dealership at the end of the lease. You also need to stay on top of routine maintenance to avoid charges for excess wear and tear on the vehicle. 
• Return the vehicle at lease-end. When the terms of the lease are up, you will bring the vehicle back to the dealership. We take a closer look at the lease-end process below. 

What to Do at the End of Your Lease

Now that you have a better idea of how to lease a car, you likely want to know more about what to do when your lease comes to a close. You’ll need to schedule a pre-inspection before you turn in the vehicle and consider your next steps. 

You have options: 

• Return your leased car and pick out a new vehicle
• Extend your current lease
• Buy the vehicle that you’ve been leasing
• Return the vehicle and take your next steps elsewhere

You will need to take care of any issues that were discovered during your pre-inspection and certify your vehicle’s current mileage. Bring your lease paperwork, along with all of your vehicle maintenance records. Pay any remaining fees, and you are ready to take your next steps. 

Lease a Car Today at Southtowne Chevrolet Buick GMC

How does leasing a car work at Southtowne Chevrolet Buick GMC? We strive to make it a stress-free process for LaGrange shoppers. If you have any additional questions, do not hesitate to reach out to us for more information. Take a look at our current specials to see how you can further save on your next ride in Newnan.