Jason Flanagan of Rhinelander GM informs us of some current lease options and answers some questions you may have about leasing:
Leasing has been coming back into popularity over the last few months, and we'd like to point out a few reasons why it's a good thing for our customers to consider!
Toyota has been running some very aggressive specials lately:
-Camrys are leasing for $199 a month with $3,000 down (not including tax, title, license on certain models)
-Corollas going for $99 a month with $3,000 down (not including tax, title, license on certain models)
GM has been out of leasing for awhile, but has started putting some great leases out on popular models such as:
-Malibu for $299, no money down (on certain models)
-Acadia for $499, no money down (on certain models)
Leasing is a great alternative to financing or paying cash for several reason....
Despite the lower payments, most customers like to trade every 3-4 years, but end up financing their vehicle for 5-6 years to keep a lower payment. At the end of a lease you are free to turn the vehicle in and purchase another vehicle without worrying about what you still owe on your current loan and if there is a difference you need to roll over!
For our customers that typically pay cash, leasing, in particular a one pay lease, is a great alternative if they trade often. When you buy a new car the first few years see the most depreciation, it's when the vehicle loses the largest part of its value. If you lease, you basically only pay for that depreciation, not the entire car. It also allows you to keep your money and let it work for you!
See Jason at Rhinelander GM today for more information on leasing!