How to Lease a Car

How does leasing a car work? Knowing how to lease a car will help you bring your next car home to Gainesville with confidence. Leasing a car is a great way to save money and upgrade to the latest and greatest models quicker, but you need to know the facts going in. Thankfully, Lake City GMC, Inc. is going to tell you everything we know. Once you’re done learning how to lease a car, check out our vehicle finder service to narrow down our selection to just the models you want.

How Does Leasing a Car Work?

When you lease a car, you’re paying for the use of a vehicle for a predetermined amount of time. Your lease cost is primarily based on the expected depreciation over the life of your lease term, with additional fees and interest charges added as needed. How does leasing a car work in practice? Here’s what to keep in mind:

• All leases require you to stay within a set mileage limit. You’ll have to pay extra if you exceed this limit, so pay attention to how many miles you drive. Consider how many miles it takes to commute, then budget in extra miles as needed.
• Leasing a car is usually less expensive than financing a model you intend to purchase. However, you should still look at our new vehicle specials to see if there’s something worth buying.
• During the lease term, you will be responsible for completing scheduled maintenance. You also need to stay within mileage limits and keep the vehicle in top condition. Our service experts would be more than happy to help you stay on top of necessary maintenance.

If you’re in Jacksonville and currently own a vehicle, you can value your trade with us to lower your monthly payments on a new lease.

Lease a Car With Lake City GMC, Inc.

Now you know how to lease a car! If you’re looking for more context, we encourage coming from Valdosta to Lake City to have a chat with us. The team at Lake City GMC, Inc. would love to give you the information necessary to make an informed leasing decision. 

If you’re looking at a loan, consider our apply for financing form to get pre-approved. We are here to ensure you arrive at your preferred outcome when picking out your next car.