Don't Fall For Misleading Car Lease Advertisements

Low monthly payments seem too good to be true? Unfortunately when it comes to car leases, they usually are. Car leases are fairly complex financial arrangements, and it’s easy to fall for a great payment rate and overlook other not-so-great aspects of the deal in the meantime. After all, low monthly payments usually mean a large sum is required at the start of the lease, and this is not always advisable if you can’t afford to get back on the road if your car gets stolen or damaged in the first few months of your lease, because you’re not always guaranteed to get your money back.

When looking for a quality dealership, make sure that you find an experienced car lease specialist who knows how to structure your deal so it best suits you. How long do you want your car lease to be? Would you rather pay more money up front or have a higher monthly payment? Are you on the road a lot and need to calculate your mileage usage before signing on the dotted line?

Especially if it’s your first car lease, prepare yourself for a bit of a learning curve. Car leases involve different terminology and a fair bit of financial know-how, and it can take some time to become familiar with the process. You want to be sure to be talking to a dealership representative who can speak to you in layman’s terms and help you decide if car leasing is even the best way to get yourself on the road. We have many clients who’ve been leasing with us for generations and they wouldn’t drive a vehicle any other way, but car leases aren’t for everyone, so if you’re sitting at a desk with someone who’s pressuring a deal that doesn’t seem quite right, it might mean that it’s time to get a second opinion. Here at Somerville Auto, we offer all makes and models of vehicles and provide a range of leasing and ownership arrangements based on what works best for you. A trusted, family-owned Canadian dealership for three generations, you can be sure to get the best advice and not be misled by the latest too-good-to-be-true advertisement. Get in touch with us today.