Lease Your Next New Car at Shaver Chrysler Dodge Jeep® RAM & FIAT of Thousand Oaks!

February 19th, 2020 by

When you want a new car, the price of financing your ideal car can be somewhat prohibitive. Well, at Shaver Chrysler Dodge Jeep® RAM & FIAT, we offer a variety of lease options to get you driving the vehicle you want. And to clear up some common confusions our customers have, we’re here to tell you the ins and outs of leasing your next vehicle with us.

Leasing

“So what exactly are you making payments on with a lease?” This is a common question we get, so let’s start with the basics. With financing a new or used Dodge car, you’re paying the total value of the vehicle as determined by the dealership. With a lease, you’re paying the depreciation – that is, the total value you lose between driving the vehicle off the lot and returning it.

So say you want to lease a 2020 Jeep Grand Cherokee. With an estimated value of $40,000 and a lease period of three years, we might estimate that the Grand Cherokee will lose 25% of its value over three years. So in that case, you’ll be financing a grand total of $10,000 over 36 months, or just $277 per month! That’s much less than the $1,111 it would cost per month to finance the vehicle new. That means you get to drive a new 2020 Jeep Grand Cherokee for a fraction less than financing, with all the modern features like a luxurious wood-trimmed and leather-upholstered cabin. Once the lease is up, you can swap out your Grand Cherokee for another lease, or continue making payments on the Grand Cherokee to make it your own.

So what are you waiting for? Let a Thousand Oaks, CA Jeep dealer get you an incredible lease for the 2020 Jeep Grand Cherokee and any other new cars on our lots with awesome deals just in time for President’s Day! See you soon!

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