Your Guide to Leasing a Vehicle at Auburn Chevrolet Buick GMC

Lease a vehicle | Auburn, NY   
Leasing a vehicle is becoming an increasingly popular way to take home a new car here in AuburnNew York. It can be an affordable option for many Auburn families and comes with many benefits. If you are considering leasing a new sedan or SUV and have some questions about the process, this leasing guide can help answer those questions. We'll also explore some of the best GM vehicles to lease at Auburn Chevrolet Buick GMC. 

Why Lease A Car In Auburn, NY?

If you love the idea of driving a brand-new car every few years, leasing is a great solution. When you lease a GM vehicle, you pay a monthly fee and get to keep the car for a certain amount of time. A common lease term length is 36 months.

When the lease has ended, you return the Chevrolet or Buick to our dealership. You then can start the process over again with another new car from Auburn Chevrolet Buick GMC.

There are certain benefits to leasing, which might make it the right financial choice for you and your family: 

  • Monthly lease payments are typically lower than loan payments. 
  • You get to enjoy the latest technology and safety features every few years.
  • Your car is always modern and stylish. 
  • Monthly payments are based on a portion of the vehicle's value. 
  • Many repairs should be covered by the warranty during the lease period. 
  • You have no worries about future resale value since you're not selling the car.

Are there downsides to leasing a car?

Leasing will not be the right choice for everyone in Auburn. With a leased vehicle, there are some drawbacks that may make it a deal breaker for you. For example, lease contracts include mileage limitations. If you exceed the agreed-upon mileage, you will have to pay for any overages. Do you drive long distances frequently in New York? Then opt for buying a car instead of leasing it.

Another consideration is that you do not build equity when leasing like you do when purchasing a car to own it. This means your lease will not have a "trade-in value" when you return it to our dealership. For many people, the hassle-free process of leasing is worth the equity trade off.

A step-by-step look at how leasing works

Leasing is similar to buying a car with a loan. However, there are a few key differences. Follow this step-by-step guide to understand how leasing works.

  1. Do your research. Learn as much as you can about leasing (like you're doing right now!), including its pros and cons to make sure it is the right choice for you. You also need to know what make and model you want to lease from Auburn Chevrolet Buick GMC. This will help guide your other lease decisions.
  2. Explore lease contract options. The typical lease contract will last for three years and allow approximately 12,000 driving miles per year. Consider if these options are right for you. There is usually room for negotiation if you want something different. The length of your contract and how many miles you want will affect your monthly fee.
  3. Create a budget. In addition to a monthly lease payment, most leases also require a down payment, which is sometimes called a cap reduction payment. Assess your budget to see how much money you can afford to give up-front and how much you can afford each month on payments. Don't forget to calculate fuel costs and insurance premiums. Keep in mind that insurance premiums for leased vehicles tend to be higher.
  4. Explore available lease offers: GM Financial routinely has special lease offers available for many vehicles. Explore these offers to see if any of them appeal to you.
  5. Find the vehicle you want to lease: Explore the Auburn Chevrolet Buick GMC inventory to narrow down the exact vehicle you want to lease.
  6. Take a test drive: Head to our dealership and take your desired vehicle out for a test drive. Focus on aspects that will be the most useful on an ongoing basis, like the seating comfort, visibility, technology interface, engine power, and handling.
  7. Negotiate the price of the vehicle: Even though you are not purchasing the vehicle, you still have to decide on its total price, as this will determine your monthly lease payments.
  8. Settle on contract terms: Once you agree on the price of the vehicle, you can start negotiating the lease contract terms, such as any mileage considerations and the length of the lease.
  9. Review the lease and sign the paperwork: Just like buying a car, leasing one includes a lot of paperwork. This typically takes place in our F&I office.
  10. Enjoy your leased vehicle: Enjoy driving your new vehicle for the length of your lease. This is the best part!
  11. Explore your end-of-lease options: As your lease draws to a close, you will have a few options available. You can return the vehicle to the dealership, extend the lease, or purchase your leased vehicle to own it.
  12. Return the vehicle: When you bring the vehicle back to our dealership, we will give it an inspection to check for any problems. There may be some final fees you have to pay.
  13. Lease another vehicle: You loved your lease experience, right? Now, you get to start the process over with another brand new Chevrolet, Buick, or GMC.

Best Chevrolet, Buick, and GMC models to lease

If you are interested in leasing your next vehicle, these are some of the best Chevrolet, Buick, and GMC models to lease in Auburn, New York.

Buick Enclave

With three rows of luxurious seating, the Buick Enclave offers plenty of room for your whole family. It is a great lease option because it comes equipped with the latest technology and premium features. With a lease, you and your family will enjoy upscale amenities on the Buick Enclave with an affordable monthly payment.

Chevrolet Equinox

If your crew is smaller, the Chevrolet Equinox gives comfortable seating for up to five passengers. With abundant standard safety features and a modern design, the Equinox lets your family and friends cruise around the Finger Lakes in style. By leasing an Equinox, you get the flexibility to upgrade to something larger or more luxurious when your lifestyle changes.

Chevrolet Silverado 1500

While you might not think about leasing a pickup truck, the Chevrolet Silverado 1500 is a great fit for leasing. Many people enjoy driving a pickup for its utility and rugged styling, but don't necessarily plan on testing the truck to its limits. If you would love to enjoy the hauling, towing, and versatility of a truck for a few years, consider leasing the Silverado 1500.

Chevrolet Tahoe

If you need a combination of interior space and reliable power, leasing the Chevrolet Tahoe might be the right choice for you. It comes with three rows of seats, boasts impressive towing capabilities, and offers three strong engine options. Leasing gives you access to technology features like wireless Apple CarPlay® and Automatic Emergency Braking. In a few years, you can upgrade your Tahoe to something different.

GMC Acadia

With the ideal combination of refinement, space, and power, the GMC Acadia is a versatile, family-friendly SUV. It has four trim levels to choose from, ranging from the base SLE to the luxurious Denali, which is the most popular choice for leasing a GMC Acadia. You can also choose from a variety of engine options to meet your performance preferences. Get the luxury of a GMC SUV at an affordable price by leasing.

You can always call us at Auburn Chevrolet Buick GMC, and we can talk to you about the leasing process to help you decide if it is the right fit for you. And, you can test-drive these models to see which one you'd prefer to lease.

Finance Center

Auburn Chevrolet GMC

318 Grant Avenue
Directions Auburn, NY 13021

  • Finance Center: (315) 203-1611

Have A Question?