Interested in a Cadillac Lease, Get Details in Romeoville
If you have never leased an automobile before, you should know a few things. Entering into a Cadillac lease contract is a great way to get into a brand new luxury vehicle. However, before you sign the final agreement, take time to understand the basics of car leasing.
What Is Car Leasing?
When you lease a vehicle in Romeoville, you do not own it. It is not that you cannot own it. You can. Lease contracts give you the option of purchasing the car at the end of the term if you are so inclined. Think of leasing a car as if you were renting it long term. When you rent a car, you agree to keep it for a specified period, return it in good condition, and pay an agreed amount of money for the privilege. Leasing is like this, but rather than take the car for a few days; the typical lease period is three years. At the end of three years, you return the car to the leasing company and walk away or agree to buy it for the amount that was set at the beginning of the lease period.
All leasing companies set certain restrictions:
* Mileage Cap: A typical car lease will contain a clause that caps the number of miles the car can be driven each year of the lease period. If the number of miles is exceeded, you, as the lessee, will be charged a set amount of money for each additional mile driven.
* Maintenance: One major attraction of a Cadillac lease in Romeoville is that the vehicle will be covered by the manufacturer’s new car warranty during the entire term of the lease. As the lessee, you are required to maintain the car. It is your responsibility to follow the maintenance schedule that has been established by the vehicle manufacturer.
Leasing is an ideal solution for people who want to drive a new car every three years as well as limit the down payment and monthly payment amounts.
If you are considering a Cadillac lease, discuss the details with any sales executive at Hawk Cadillac of Joliet near Romeoville. For information on available inventory of new Cadillac’s, visit their website.
