Is Leasing a Chrysler, Dodge, Jeep, or Ram Right for You?

Financing remains the most popular way people get behind the wheel of a new car. However, if you’re looking for a little more flexibility, whether in budget, commitment, or lifestyle, exploring CDJR leasing options might be the smarter move.

What You Should Know About CDJR Leasing Options

Vehicle Leasing Quick Facts

When you lease, you’re essentially renting the car for a set period, usually three years, with terms like mileage limits and monthly payments spelled out in your contract. Your monthly payments cover the depreciation during the lease, along with interest and other fees.

Leases normally come with a mileage cap (10,000, 12,000, or 15,000 miles), and going over it can lead to extra charges when you return the vehicle. But you have the option to buy extra miles up front at a discount rate.  Also, you’re expected to keep up with routine maintenance, like oil changes, tire rotations, and the like.

Leasing: Is It Worth It?

Absolutely! Leasing, just like financing, is simply another tool, and for the right driver, it can make a lot of sense. In fact, there are some pretty great benefits to leasing that could make it the perfect fit for your needs. Let’s take a look at a few of them.

1. Your Monthly Payments May Be Lower

Since you’re only responsible for the vehicle’s depreciation during the lease term, not the full purchase price, your monthly payments are lower than if you were buying the same car.

2. You Gain Access To Newer Vehicles

Leases usually apply to the latest models, which means you’ll always be driving a newer car packed with up-to-date technology, safety features, and better fuel efficiency. Electric vehicles especially lend themselves well to leasing since you can upgrade more often as the battery tech (and, therefore, range) improves.

3. Big Repairs Are Not Your Problem

Most leases last about the same length as the manufacturer’s new vehicle warranty. In the case of CDJR, that’s three years or 36,000 miles. That means if anything major goes wrong during your lease term, it’ll be covered. And if you’re thinking long-term, extended leasing options are available.

4.  Higher-End Vehicles Are Within Reach

Normally, getting into a high-end trim means reaching deeper into your pockets. Leasing, however, flips that script, making those premium options affordable.

If leasing sounds like a good fit for you, reach out to Cunningham Chrysler of Edinboro in Edinboro, PA.

Tags: Edinboro Jeep Dealer, Finance, Leasing
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