Our Exclusive Lease Program
Have you ever considered getting a new Chrysler, Dodge, Jeep, Ram or Fiat vehicle but couldn't afford the monthly finance payments? Do you like to change your vehicle every couple of years so that you can drive the newest ride? Would you like to avoid all the costs associated with maintaining your 4-8 year old vehicle? Well perhaps leasing is right for you! Here are some advantages to leasing a vehicle:
Lower Monthly Payments
Because you only pay for the portion of the car or truck that you actually use, your monthly lease payments are 30%-60% lower than for a purchase loan for the same car and same term.
No Down Payment
Car leasing provides the option of making no down payment, although you must still make the first month's payment and security deposit . Some promotional lease deals require a down payment to get the deal.
More Car, More Often
Since monthly lease payments are lower than with buying, you get more car for your money and drive a new vehicle every two to four years, depending on the term length of your lease.
Fewer Maintenance Headaches
Most people like to lease for a term that coincides with the length of the manufacturer's warranty coverage so that if something goes wrong with the car, the repairs are always covered.
Lower Up-front Cash Outlay
Most car leases require little or no down payment, which makes getting into a new car more affordable and frees up your cash for other things. However, you can choose to make a down payment, or trade in your old vehicle, to lower your monthly payment amount.
Lower Tax Bite
In Canada, you don't pay sales tax on the entire value of a leased vehicle as you would if you purchased. You're only taxed on the portion of the value that you use during your lease. The tax is spread out and paid along with your monthly lease payment instead of being paid all at once.
No Used-Car Hassles
With leasing, the headaches of selling a used car are eliminated. When your lease ends, you simply turn it back to the leasing company and walk away, unless you decide to buy it or trade it.
Although leasing may not be for everyone, you can see why many people appreciate the many benefits of a lease over traditional financing. Chrysler has a great lease program with many benefits on all of their new vehicles. Johnston Chrysler is happy to go over the options with you on a one-to-one basis to see if leasing will work for you. Feel free to contact us at firstname.lastname@example.org for more details! And get ready for the keys to your new ride!