You’ve decided you want to bring home an Alfa Romeo, and you’re beginning to research financing. If you’re considering leasing your next Alfa Romeo and have questions, let the team at Faulkner Alfa Romeo Willow Grove answer them. We’ve put together this quick Alfa Romeo leasing FAQ guide for all our friends in the Abington, Horsham, and Willow Grove, PA, areas.
We’ll go over the difference between buying and leasing as well as the benefits of leasing and what to do when your lease term is done. After you’ve finished reading our Alfa Romeo leasing FAQ guide, make sure to give our finance team a call us you have any further questions.
The first question you might have is what the difference is between buying and leasing. When you buy an Alfa Romeo through a traditional auto loan, you’ll own your car or SUV outright and be able to customize it if you want or need to. When it’s time to change things up, then you’ll be able to sell or trade in your own time.
When you lease your Alfa Romeo through our dealership, we’ll still own the car and you’ll essentially be renting it from us. While under the lease, you will be subject to a mileage limit to ensure that the car remains in good condition for the duration of your lease.
There are plenty of reasons to choose leasing over buying depending on your financial situation. The biggest benefit is that you’re likely to have a lower monthly payment over the course of your term. Depending on the terms of your lease, you may not even have to pay a down payment for your Alfa Romeo car or SUV.
Since we’ll still own the vehicle, it’ll always be under warranty, as we want to protect our investment as much as you do. Your lease term can be as quick as two years, and when it comes up, you can lease the latest model year of your chosen model. This means you’ll always be on the cutting edge of automotive technology.
If you’ve never leased before, you may have questions about returning your lease at the end of your term. Your first step is to make sure you return your Alfa Romeo to our dealership in the same condition you leased it in. This means that you’ll have removed all your personal belongings and you should check to make sure you have:
Next, you’ll want to make an appointment with our finance team for your lease return. We’ll give the car an inspection and appraisal while we go over what you want to do going forward. You can redo your lease for the same vehicle or upgrade to the latest model year. You can purchase your leased vehicle. Or you can lease a different vehicle altogether.
If you’re considering leasing your Alfa Romeo and have questions, feel free to contact the finance team at Faulkner Alfa Romeo Willow Grove. We’re here to help all our friends in the Abington, Horsham, and Willow Grove, Pennsylvania, communities, get the financing plan that works for them.
Contact us about leasing your next car or SUV today!