Say you want to purchase a 2020 Jeep® Grand Cherokee, but either can’t afford it or don’t want to sign up for an auto loan; this is where a lease could be beneficial. At Northpointe Chrysler Dodge Jeep RAM, we specialize in lease agreements tailor-made to your needs and will help you find the car and deal that leaves you the most satisfied.
Many of our customers ask us, “what is a lease?” A lease agreement is where you agree to become the temporary owner of a car for a predetermined amount of time. While these term lengths can vary they tend to exist anywhere between 24 to 48 months. So, for a year or two, you’ll be the proud owner of a brand new car, although, what happens once the lease is up?
Well, at the end of a lease you’ll be expected to pay any fees associated with wear and mileage. Once those fees are paid, you’ll be able to return the car or attempt to purchase the car at a reduced rate. What makes a lease agreement so great is that you can continue to drive something brand new every one to two years without spending nearly as much money as you would if you were to buy it outright. While these end of lease fees, and the mileage caps imposed on drivers can be a headache for some, this is a mild sacrifice for those who want something new but don’t want to break the bank doing it.
Do you have more questions regarding lease agreements? Don’t worry, when you visit our Chrysler, Dodge, RAM, and Jeep dealership we’ll fill you in on all the details. From full-size SUVs to rugged pick-up trucks, we offer all of this and more for lease at Northpointe Chrysler Dodge Jeep RAM.