With car prices on the rise, many people looking for a vehicle want to cut their costs as much as possible. This is why leasing has been very popular lately, as this is a less expensive option. If you’re thinking about a Jeep® lease, these are the steps to take.
Figure Out Your Budget
The first thing to do is determine how much you can spend on your lease. It’s a smart idea not to go over 10 percent of your income when creating a monthly payment plan. It is also important to remember that while leasing doesn’t require a down payment like financing, there are some upfront fees you will need to supply, including a security deposit.
Decide on a Lease Term
How long do you want your car lease to last? If you just need a vehicle for a short timeframe, a 12- or 24-month lease could be ideal. But if you’d rather not have to worry about your mode of transportation for a while, you may want to think about going with a 48-month term.
Consider the Mileage
You don’t want to sign a lease without knowing what the mileage restriction will be. Generally, this is between 10,000 and 15,000 miles, so if you typically drive in that range, you should be fine. If, however that’s too low, be sure to inquire about a high-mileage lease.
Make the Right Leasing Decision at Fields Chrysler Jeep Dodge RAM Glenview
If you’re eager to lease a new or used Jeep model come down to Fields Chrysler Jeep Dodge RAM Glenview to see what’s in stock and to learn about our current lease specials.