How Do I Lease A Car?

August 15th, 2019 by

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How Do I Lease A Car?

Is A Car Lease Right For You?

Leasing a car from Spitzer Volkswagen Amherst allows you to drive a new car every 2 to 3 years. Once the term of your lease is up, you will return the vehicle to our Volkswagen dealership. Usually, the lessee pays a monthly charge that is lower than a finance payment. Monthly payments to be made depending on the value of the car and the agreement. Below is a summarized process of leasing a vehicle from Spitzer Volkswagen Amherst:

Set a Budget For Your Car Lease

You will have to have a good credit score for you to be eligible to lease a car at our dealership in Amherst. Calculate how much you can conveniently spend every month before you go for any Volkswagen lease deal. Your down payment is calculated based on the actual value of the vehicle.

There is coverage for wear and tear that you may need to pay if you are the kind of driver who drives in places where wear and tear are intense. You will need to pay upfront so that by the time you return the vehicle, you will not be charged for any wear and tear damages that will be found on the car. Other costs that may need to be covered include collision insurance, comprehensive insurance and Gap insurance.

Decide On What You Want At Our VW Dealer

Now that you have calculated the monthly costs that you can afford, it’s time to visit our Amherst Volkswagen dealer to see what type of a car you can lease. Since most leased cars are normally sold again, we stock numerous models in stock. Because of this, you can always find exactly what you are searching for. When going for a car lease, take note of all the factors that you would consider when buying a new car. Consider luxurious features, safety features and fuel consumption so that you get a vehicle that will serve you efficiently and offer you the luxury that you need.

What to Expect With A Car Lease In Amherst

With your car lease near North Olmstead, you are restricted to a certain mileage that should not be exceeded. If you drive more than 10,000-12,000 miles per year, leasing may not be in your favor. Although, if you drive a predictable amount of miles per year, leasing is a great option. Plus, you’ll be able to drive a brand-new vehicle every few years—and who doesn’t want to do that?

The higher down payment you decide to put down, the lower the monthly costs you are going to pay. You can have an open-end lease deal where when you return the vehicle; you will pay the difference between the residual value and the market value of the car. A closed-end lease deal is where you don’t pay any additional amount after you return the vehicle. If you return your vehicle before the lease period is over, you will have to pay an early lease termination fee.

Lease Your Car From Spitzer Volkswagen Amherst Today

Our car dealership serving North Olmstead and Elyria can customize the car lease terms to fit your lifestyle and budget. After you lease a Volkswagen model, you also have the option of purchasing the car when the lease period is over. If you have any additional questions about leasing a new car, be sure to contact our team at your earliest convenience. We look forward to hearing from you soon!

Check out our Monthly Lease Specials and Volkswagens National Lease Offers.

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