John Kennedy Mazda Conshohocken

Top MAZDA Leasing Tips for Complete Beginners

MAZDA FinancingBuying a new vehicle is a major life decision, so it’s vital to compare all of your options and choose what best fits your lifestyle and budget. When it comes to Mazda leasing, you can often get a vehicle for a lower monthly price when compared to financing. And when it comes to the benefits of leasing, that’s just the beginning.
Visit us at John Kennedy Mazda of Conshohocken to get started, or read on to learn top leasing tips.

Learn the Differences Between Leasing and Purchasing

Leasing a vehicle allows you to save a lot of money when it comes to monthly payments, but it’s important to weigh the potential downsides. Since you don’t technically own the vehicle you’re leasing, you’ll need to pay any damages upon return. You also won’t be allowed to modify or change your vehicle in any way.

Determine Your Down Payment

One of the first steps of a lease is to figure out how much money you plan on putting down upfront. The more money you put down initially, the less you’ll have to pay over time. Most experts recommend putting down somewhere between $2,000 and $3,000 depending on your budget and which Mazda vehicle you select.

Consider Gap Insurance

“Gap” insurance refers to the difference between what you owe and the car’s actual value. If your car is ever totaled or stolen, gap insurance helps you pay off your loan in the case that the amount you owe is more than the depreciated value of the vehicle. This doesn’t cover engine failures or other repairs.

Keep Up with Regular Maintenance

If you don’t properly maintain your leased vehicle, you’ll likely have to pay some fees when you return it to our dealership. Normal wear and tear is usually covered, but anything excessive will be charged to you. Keeping up with regular maintenance will help you avoid any additional problems down the line.

Visit Our MAZDA Leasing Office in Conshohocken, PA, Today

If you’ve determined that a lease best suits your needs, you can get started with the process at our Conshohocken, PA, Mazda dealership. Our state-of-the-art Mazda finance center is home to a team of experts who are more than happy to assist you with a lease deal. Come see us or schedule an appointment online!