How to Lease a New Vehicle from Capital GMC Buick

So, how does leasing a car work in Sherwood Park? The finance centre team at Capital GMC Buick explores everything you need to know to start the process! Our guide answers how to lease a car, what you expect during this contract, and how it will end. We want your new vehicle to be the best choice, so always reach out with any questions!

Getting Started: How Does Leasing a Car Work?

When learning about how to lease a car, it’s important to understand what leasing involves. Leasing a vehicle means you pay to use this model for a predetermined period. Your leasing costs will be based on the car’s expected depreciation during the lease period, with interest charges and additional fees built into your contract. When you decide to lease a vehicle, keep the following in mind:

• Leases Have Set Kilometrage Limits: Going over the kilometrage limit in your lease agreement can result in additional charges. Calculate the kilometers you spend commuting around Leduc and determine how much leftover space you have.
• Leasing is Less Expensive Than Financing: While leasing can be less expensive, you should always explore all offers and incentives before signing on the dotted line.
• You’re Responsible For Scheduled Maintenance: During the lease, you will be responsible for any service visits and keeping the vehicle as close to its original factory condition. Our service centre can complete any necessary maintenance, so you can rely on our team long after you’ve found your ideal vehicle. 

If you are planning to lease a new model, you can also trade in your existing vehicle to reduce what you’ll owe on your monthly payments. 

What to Do at the End of Your Lease

How does leasing a car work when the lease is up? you might wonder what happens when your lease contract ends. Before your lease concludes, contact Capital GMC Buick and find out what you need to bring to our return centre. Remember that you must schedule a pre-inspection before turning in your vehicle. You’ll have several options to consider at the lease end, including the following:

• Extend your current lease
• Return your leased vehicle and pick out a new one
• Buy the car you have been leasing
• Return your model and take your next steps elsewhere

If you’re ready to return your vehicle and lease a new model, let us know so we can have the next option for the day you return your lease. You also need to take the following steps:

1. Deal with any issues highlighted during your pre-inspection, or risk potential charges for excess wear and tear. You also need to certify your vehicle’s current kilometrage. 
2. Clean your vehicle and wipe any data from your infotainment and entertainment systems.
3. Bring your lease paperwork and records that showcase when you’ve scheduled service. 
4. Pay any remaining fees and begin your next road adventure. A bill might take some time to arrive, but it’s always best to prepare for surprises.

Lease Your Next Car Today at Capital GMC Buick!

Now that you know how to lease a car, it might be the best time to talk to one of our finance centre staff in Edmonton. As you browse our current inventories, use our payment calculator to determine how much you’ll pay each month. Lease your next vehicle near Sherwood Park with Capital GMC Buick!