One of the best ways to improve your time behind the wheel is to explore exciting lease deals in MN. If you’re curious about leasing a GMC vehicle, our team here at Valley Buick GMC of Hastings will be happy to give you a breakdown of what leasing is and why it could be a great option for you.
What is Leasing?
Leasing is an alternative to buying a car. When you lease, you make payments to drive a vehicle for a set period of time, typically 24 or 36 months. In addition to making a down payment, you’ll make monthly payments on the car, which will be based on the estimated depreciation of the car over the course of the lease term.
Once your lease is up, you can return your GMC vehicle to any authorized GMC dealership in the country.
Benefits of Leasing
While you won’t get to own the car outright, leasing is a great option for many drivers since you won’t be responsible for the full cost of the car, just the depreciation value of the vehicle.
This translates to much lower payments compared to a typical loan, including a lower down payment. And while you’ll be subject to a mileage cap, this restriction typically equates to the average mileage Americans drive per year, so you shouldn’t worry too much about exceeding this number.
Many drivers also like the flexibility and convenience of leasing. You won’t need to bother selling your car once your lease is over. Instead, just return the car and head home – or sign another lease for a brand-new ride.
Visit our GMC dealership near Minneapolis today to learn more about leasing a GMC car!
Connect with us
