One of the most significant decisions you face when you get behind the wheel of a new Mazda car is whether to lease or buy it. For many drivers, leasing is the preferred choice, thanks to the lower monthly payments and flexibility that come with leasing. Here at our Mazda dealership, our team of friendly Mazda finance professionals is happy to answer all your questions related to leasing.
Is Leasing a Car Right For Me?
The benefits of leasing a car are unique and different from the benefits of buying. Of course, your decision will depend on several financial and lifestyle factors. These are some of the benefits of leasing:
- Lower monthly payments
- Easy lease-return process
- Rotating Mazda lease offers
- Lower maintenance costs
Are There Times When It’s Better to Buy?
Think about your driving habits. If you’re likely to exceed your lease’s mileage cap or wear-and-tear allowance, you could face steep penalties, making a purchase the wiser choice.
What Does it Cost to Lease a Car?
Sometimes you will need to make a down payment for a lease, but you may find that a dealership has zero-down lease offers. Like buying, several factors go into the lease’s interest rate, including your credit score and past payment history.
How Long is the Lease Contract?
Most lease contracts range from 24 to 36 months, with longer durations available.
What Happens at the End of a Lease?
When your lease contract comes to an end, you have three options:
- Purchase the leased vehicle
- Return the leased vehicle and lease a new vehicle
- Return the leased vehicle and walk away
How Do I Initiate a MAZDA Lease?
To get the ball rolling on your new Mazda lease, visit Tumminia Mazda. Our friendly finance representatives are happy to walk you through the leasing process.
