How to Lease a Car in Hearne

Are you curious to know, “how does leasing a car work?” Well, the team at Allen Samuels Chevrolet GMC has put together a list of everything you need to know to get things moving. Our guide has all the details regarding the start of your lease, what to take care of during your lease, and how to get ready for the end of your lease contract. When you’re ready to upgrade to the latest models, you can visit the team at Allen Samuels Chevrolet GMC today!

How Does Leasing a Car Work?

Leasing a vehicle is essentially paying for the use of a vehicle for a predetermined period of time and mileage. The cost of leasing a vehicle is primarily based on the vehicle’s expected depreciation over that period, and the additional fees as well as interest charges built into the contract.

In practice, how does leasing a car work? Well, here are some important details to keep in mind:

• All leases require you to stay within a set mileage limit. If you surpass this limit, you will have additional charges, so it’s important to be diligent in your planning. Calculate the number of miles you spend commuting each year, and figure out how much leftover space you have – try to “budget” your monthly mileage.
• Leasing a car is usually less expensive than financing a model you intend to purchase. It’s still a good idea to explore the available offers and incentives before you sign on the dotted line as dealerships like ours rotate the specials frequently to help our Franklin customers save on their vehicles.
• During the lease term, you will be responsible for completing scheduled maintenance. As well as needing to stay within your mileage limit, you’ll have to keep the vehicle as close to factory condition as possible. Our service department is happy to complete all of the necessary maintenance work, so you can continue to rely on our team long after you’ve driven off the lot.

How to Lease a Car: What to Do at the End of Term

Prior to the end of your lease term, you should contact our dealership for specifics regarding what to bring to our lease return center in Hearne. It’s a good idea to do this well in advance since you’ll need to schedule a pre-inspection before you turn in the vehicle.

Here are a few options you can consider when it comes to changing out your vehicle at the end of the lease: 

• Buy the vehicle that you’ve been leasing
• Return the vehicle and take your next steps elsewhere
• Return your leased car and pick out a new vehicle
• Extend your current lease

If your plan is to return the vehicle at the end of the lease, let us know early on so we can have the new vehicle ready for you on the day of your lease return! Follow these steps to return your lease:

1. Take care of potential issues that were found during your pre-inspection, or risk charges for excess wear and tear. Certify your vehicle’s current mileage.
2. Clean the vehicle and wipe your information from the infotainment systems.
3. Bring your lease paperwork, along with any records that show when and where you scheduled service.
4. After paying fees, you can start your new adventure! A bill may take some time to arrive, but it’s best to save during your lease so you’re ready for any surprises.

Lease Your Next Franklin Vehicle at Allen Samuels Chevrolet GMC Today!

After learning how to lease a car, it might be a good idea to sit down with our financing team and chat with our experts! You can also shop and lease from the comfort of your home when you take advantage of our online buying tools. Feel free to start the process of upgrading today!