Car Leasing FAQs

We at Glendale Chrysler Jeep Dodge Ram (CJDR) pride ourselves on getting every buyer behind the wheel of their dream car. We do this by laying out all your financial options, including leasing.

Drivers who live near the St. Louis, Chesterfield, and Kirkwood, Missouri, areas are welcome to read more about leasing, lease agreements, and their benefits.

What Does Leasing a Car Mean?

Think of leasing as a long-term rental agreement between you and our dealership. Leasing is focused less on paying the full price of a vehicle and more focused on paying for the usage of the vehicle.

To start, dealerships have financial experts draw up a contract where you're able to review the terms and conditions of your lease agreement.

What's in a Lease Agreement?

In this agreement, you'll find your monthly payment amount, which is predetermined based on the vehicle's value. This is calculated along with any interest rates or applicable fees you may have during your leasing period.

In your agreement, you'll also find:

• The length of the leasing period (the average is two to four years)
• How many miles you're able to drive per year (usually 10,000 to 15,000 miles)
• The expected condition the vehicle should be in when you return it
• What is considered "normal" versus "excessive" wear and tear
• What happens if you're late in making a lease payment

Our financial team is dedicated to personalizing the right agreement for each of our drivers. That means, we consider your driving habits and lifestyle when creating the agreement's details.

What Are the Benefits of Leasing?

There are probably some drivers wondering what they'll gain from leasing their next car. Well, there are plenty of reasons why shoppers pick leasing over buying their next vehicle. Here are just four:

1. Driving a New Car Every Few Years: Some drivers can't get enough of that new-car smell. Luckily, with leasing, they're able to step into a new car every few years thanks to their short-term agreements.
2. Lower Monthly Payments: Monthly leasing payments are often less than monthly car loan payments. Remember: You're essentially renting your leased vehicle instead of slowing paying it off in full.
3. Warranty Protection: Many dealerships offer a new-car warranty that lasts at least three years. That means, major maintenance repairs or replacements could be covered throughout your leasing period.
4. Tax Deductions: If you're leasing a car for business purposes, you could write off the monthly financing costs. Keep in mind: If you're leasing a luxury vehicle, your deductions may be limited.

Contact Our Leasing Experts Today!

Now that you're more familiar with leasing, your next steps are to call or visit our financial center at our Glendale CJDR dealership. Missouri shoppers near St. Louis, Chesterfield, or Kirkwood can also click through our online resources.

We encourage drivers of all backgrounds to come see what our team members can do for you. We're happy to help every step of the way and get you started on your leasing journey!