There are many benefits to taking out a Jeep® lease when the time comes for your next car. Fields Chrysler Jeep Dodge RAM Glenview is here to help you along the journey, so you can save on the vehicles you love. Learn about mileage, payments, and end-of-lease options at our dealership.
Lease Mileage
When leasing a vehicle, there are certain requirements and restrictions you want to be aware of. Mileage is one of those restrictions, and going over mileage can be quite costly. Typically, leases come with an annual mileage allotment of about 10,000 to 15,000 miles a year, multiplied by the term length in years for the total lease mileage available. Excess mileage can be as much as $.30 per mile, so you always want to stay on top of your mileage.
Lease Payments
When leasing a vehicle, it’s important to start by checking your credit score. In order to qualify to lease, you typically need to have a high credit score, and the better your score, the more favorable your lease money factor, or interest rate, will be. The other factors that influence your payment include depreciation and taxes.
End-of-Lease Options
At the end of the lease, there are a few options available to you. The most common is to return the vehicle and pick out another vehicle to lease. If you love the car, you could purchase the vehicle. If you’re not sure about the next steps, you can extend your lease for more time to consider your options.
Lease a New Jeep Model in Glenview, IL, Near Chicago
No matter what your vehicle leasing or financing needs might be, you’ll find the support you deserve at Fields Chrysler Jeep Dodge RAM Glenview. We’re answering your pressing questions about leasing, so you can focus on picking out the next great model. Visit our dealership to get started!