How to Lease a Car in American Fork

Lease Agreement

 

Ready for an upgrade but not sure about buying a new model? Consider a lease. At our Ken Garff Chevrolet finance center, we can help you learn how to lease a car, what you’ll need to take care of insuring your lease, and how to prepare for the lease end. There are few options we’ll go over. Learn more about leasing a car with our team today, then get the process started on your next model in Lehi.

Getting Started: How Does Leasing a Car Work?

Leasing a car means you pay for the use of a vehicle for a predetermined period of time. The leasing costs depend on the vehicle’s expected depreciation as well as interest charges and other fees built into the contract. So, how does leasing a car work? Here’s what you should keep in mind:

  • All leases require you to stay within a set mileage limit. Going over this limit will result in additional charges, so plan accordingly. Calculate the number of miles you spend on commuting each year, and figure out how much leftover space you have.
  • Leasing a car is usually less expensive than financing a model you intend to purchase. However, it’s still a good idea to explore available offers and incentives before you sign on the dotted line.

If you currently own a vehicle, you can use our online value your trade tool to see how much we could give you for selling us your model. This can also help reduce your payments for your next vehicle.

What Are Your Responsibilities During the Lease?

While you’re leasing a vehicle, you’ll need to make sure you complete scheduled maintenance, stay within your mileage limits, and keep the vehicle as close to factory condition as possible. Simply bring your vehicle into our service center and we’ll make sure to keep your model in top condition on Pleasant Grove roads and beyond.

So is it possible to break a lease early? In short, yes. Though this generally will cause you to incur a significant fee. However, you may find someone to take over your current lease. Another option is to buy your leased vehicle and take it home to Eagle Mountain for good.

What to Do at the End of Your Lease

As your lease comes to an end, you can contact our dealership to learn about what you need to bring with you when you return the vehicle. Before you bring in the vehicle, you’ll need to schedule a pre-inspection so make sure you do this in advance. When it comes to the end of your lease, you have a few options:

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

If you want to return the vehicle and lease a newer car, our team can help. Let us know and we’ll have the new vehicle ready for you. Also, make sure you take the following steps:

  1. Take care of any issues that were discovered 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 information and entertainment systems.
  3. Bring your lease paperwork, along with any records that show when and where you scheduled service.
  4. Pay any remaining fees and 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 a Car Today at Ken Garff Chevrolet

Contact our team at Ken Garff Chevrolet to learn more about your leasing options, finance options, and more. We look forward to helping you drive off in the model that’s right for you and your driving needs.

 

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Ken Garff Chevrolet 40.35667, -111.7844.