If you're leasing a vehicle, you want to make sure it's the right arrangement for you. Understandably, you probably have some questions, and the Acura lease experts at Hall Acura Virginia Beach are ready to answer them.
Let's take a look at some of the most commonly asked questions to see if we've already addressed your concerns!
Is Leasing Better Than Buying?
That depends on your driving habits and needs. Leasing generally means lower monthly payments, but there are some limitations to lease agreements. You have only a certain amount of miles that you can travel, for example, and you also can't customize your vehicle because you do not technically own it.
What Happens If I Go Over the Mileage Limit?
The mileage limit is an important thing to consider. Usually you're limited to driving around 12,000 miles per year. Going over that can result in extra fees.
Do I Need Good Credit to Lease a Acura Vehicle?
Generally, yes. A good credit score and solid credit history can make it much easier to secure a lease agreement. If your credit score isn't the best, a co-signer for your lease might be able to help.
Can I End My Lease Early?
Ending your lease early is possible, but it will result in extra fees. Be sure that this is a car you want before leasing and that this is a financial obligation that you are going to be able to meet going forward. Ending a lease early can also affect your ability to secure future leases and financing.
What Are My Lease-End Options?
At the end of your lease, you have a few options. You can decide to lease a different Acura vehicle, getting the chance to experience the brand's latest updates and upgrades. You can extend the lease on your current car, or, if you really like it, you can buy it outright. Leases are flexible, and that's why many drivers prefer them over financing.
If you have any more questions, talk to our Acura dealers in Virginia Beach. We'll answer any questions that you have about leasing, how it works, and whether or not it's the best option for you.
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