Benefits of Leasing
July 07 2020, Les Sommets Chevrolet Buick GMC
What are the advantages of leasing?
With a rental, the payments may be lower than the purchase of the same vehicle, since you only pay for the part of the vehicle that you use over the duration of the rental. You can consider renting vehicles that have more options, trade your vehicle more frequently for the latest model, and align the rental period with the vehicle warranty period for greater peace of mind.
Does the rental require a lower deposit?
The amount of the deposit for the rental of a vehicle varies depending on the rental structure and the monthly payments you want, but it may be less than the deposit required for a purchase.
With a rental, am I protected against possible negative equity?
With a rental, you avoid the potential risk that the value of your vehicle will decrease beyond its residual value at the end of your rental period.
What happens at the end of a rental
At the end of the rental, you have the option of buying the vehicle or handing it over, subject to the conditions in your rental contract. Les Sommets Chevrolet Buick GMC will contact you before the end of your rental to guide you through the end of the rental process.
