Are you considering an Alfa Romeo lease at Helfman Alfa Romeo of Sugar Land? Wondering how much you need to save up before you visit the dealership? It may be less than you think.
How Does a Lease Work?
When you lease a vehicle, you are signing an agreement with our dealership to drive one of our vehicles over an extended period of time. Then, you agree to return the vehicle to our dealership at the end of your predetermined term. Most leases last two or three years, although they can be shorter or longer.
What are the Perks of a Lease?
There are lots of perks to a vehicle with the cost arguably being the biggest benefit. When you lease a vehicle, you are only paying for the depreciation of its value during your term, so it is much more affordable than financing or buying a new vehicle.
- Warranty coverage throughout your lease
- Less maintenance and repair costs
- Continuously upgrading to a new vehicle with better technology and safety
- Avoid the hassle of selling
Do I Need a Down Payment?
Usually, when you make a down payment on a car that you are financing, it can drastically lower the cost of your lease. That is because it will reduce the amount you have to finance and reduce your interest costs.
A down payment on a lease, however, won’t reduce the total cost of your lease. It will help lower your monthly payments, however. Therefore, you typically don’t have to make a down payment on a lease.
Are you ready to lease an Alfa Romeo car or SUV from our Alfa Romeo dealership in Houston, TX? Stop in and see our team to get started today!