Auto leases allow customers to drive new vehicles and pay for their usage, not the full price. Most leases are two to five years long, and they’re measured in months. Read on to learn how a car lease in Plainfield works.
What Happens at the End of the Lease?
When your lease is over, you’ll return the vehicle to the dealership, where it’ll be inspected. The team will verify that the mileage limit wasn’t exceeded and ensure that there’s no excessive wear and tear. You’ll have a few choices: settle the lease and walk away, trade it in and start a new lease, or buy the vehicle outright.
What’s the Mileage Limit?
Because lease payments are based upon a vehicle’s expected depreciation over the term, mileage limits apply. It’s important to know about how many miles you drive in a year, simply because you’ll be charged for each mile over the limit.
What Kind of Credit Do I Need?
The average score among lease customers is 745. Good credit is a necessity when leasing, and most dealerships like to see scores above 650.
Can I Lease Online?
Yes, you can! Stay out of the showroom and save a lot of time by starting your deal online. Get pre-approved and find the right car lease in Plainfield by getting in touch with the dealership.
Lease Your Next VW Here
Whether you’re looking for an economical way to get into a new vehicle or you don’t want to be tied to a single model, leasing is the way to go. Visit Hawk Volkswagen of Joliet today.
