How to Lease a Car

2021 Hyundai Tucson

While financing a car is a great choice for many St. Louis drivers, learning how to lease a car is a more flexible option that appeals to a great deal of St. Charles customers. Find out how to get started with Suntrup Automotive Group and what to expect during the leasing process. Then, feel free to reach out to us in St. Louis to get more finance tips from out experts.

How Does Leasing a Car Work?

Leasing a car is different than financing for a number of reasons. When you finance a car in Fenton, you’re paying money for eventual ownership. When you lease a car, you’re paying to use the car for a predetermined period of time. Your monthly leasing costs are calculated based on the car’s value during that leasing period, along with any fees and interest that accrues. So, what does this mean for you?

  • Expenses: Leasing a car is usually less expensive than financing, which makes it a budget-friendly option. Consider looking at the latest leasing specials to save even more, and talk with our financing experts to see what’s the best option for you.
  • Limitations: Because you’ll eventually return the car, you’ll need to stick with some limitations that aren’t included on a financed vehicle. This includes sticking with your mileage limit and avoiding customization.
  • Maintenance: You’ll need to complete the scheduled maintenance as planned to ensure that the car is in great shape from start to finish of your lease. Our service team is happy to take care of all those oil changes and tire rotations right here in St. Louis.

How Does Returning a Leased Car Work?

By the end of your contract, it’s time to start thinking about your end-of-lease options. You can return your vehicle, extend your lease, or buy your lease. If you plan to buy or extend your lease, be sure to let us know! But, if you want to return your vehicle for something new, here are the steps you’ll need to take:

  1. Certify your car’s mileage to ensure that you meet the mileage limitations.
  2. Take your car to the service center to take care of any issues from the pre-inspection process.
  3. Clean out the inside and outside of your car.
  4. Remove your personal information from the infotainment systems.
  5. Bring your paperwork and service records to the dealership.
  6. Hand off the keys, pay any remaining fees, and start shopping for your next lease!

Lease Your Next Car at Suntrup Automotive Group

Now you know how to lease a car, but are you ready to get the ball rolling? Visit Suntrup Automotive Group in St. Louis to start browsing our new inventory and drive away in the car of your dreams today. You can also contact us to learn more about the leasing process or read more car-buying tips!

 

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