Is a GM Lease for you?
Did you know that nearly 30% of all vehicle sales are leases?
More people in the market for a new vehicle continued to gravitate toward a lease rather than a purchase, according to the credit bureau Experian’s auto financing report for the third quarter of 2016.
The report found that 29.49 percent of all new vehicles sold to drivers in the United States between July and September were leased. This share was up from 26.93 percent in the third quarter of 2015.
1: It’s Easy-Breezy.
In and out of our dealership in about 1 hour every 24 to 39 months. Just turn in your current lease and select your next Chevrolet car, truck, van or suv. Lease payments can often stay exactly the same as your current payment or in many cases…even decrease.
2: Reap the Rewards.
GM consistently offers special Lease reductions for current lessees. And, in most cases you can end your lease early with no penalty.*
3: Always Drive a New Car.
Why not? Enjoy lower maintenance costs and the dependability a newer vehicle offers.
4: Equity Protection
What is Equity Protection you ask? Well, it’s a known fact that you will never have negative equity, or be ‘upside-down’ at the end of your 24 -39 month lease. This type of promise cannot be made with a traditional auto finance loan. Many people are disappointed to find out their vehicle’s value at the end of 3 years is lower than their 60 month loan balance. With a GM lease your obligation is over within 39 months or less and you are free to choose your next vehicle without having to roll-over any negative equity.**
*Typically, GM Lease Pull-Ahead is offered to all Chevy Lessees toward the end of their lease. If you qualify for Lease Pull Ahead, GM will waive your last 3 to 4 payments. You may also receive additional incentives to re-lease or purchase another GM vehicle. Although Lease Pull-Ahead not guaranteed, it has been a consistent GM Lease Incentive program for many years. Call our Customer Care Team at 630-898-9630 to find out more about GM’s Lease Pull Ahead.
**Providing you are within lease mileage limits and are turning in an un-damaged vehicle.