Cadillac Leasing Guide from Zeigler Cadillac of Lincolnwood

December 15th, 2020 by

Cadillac lease

By securing a Cadillac lease, rather than buying, you get the benefit of driving a new Cadillac vehicle for less. That gives so many more buyers the opportunity to enjoy the advanced features, sleek style, and premium comfort of new Cadillac models at Zeigler Cadillac of Lincolnwood.

Leasing vs. Buying

There are benefits to both buying and leasing a new car. It truly depends on what you feel comfortable spending and your plans for your vehicle.

  • Leasing: You can lease a new car more affordably than buying it. Usually, it requires a smaller down payment too. Plus, you don’t have to worry about the hassle of selling down the road. You can choose to continually upgrade to a brand-new vehicle every few years.
  • Buying: You won’t have restrictions with buying that you see with leasing. There’s no limit on mileage and you can customize it however you’d like. Plus, you’re building equity in your car by buying.

How Much Can You Afford?

You want to look at your income and finances to determine what kind of auto payment you are comfortable with. An auto lease calculator can give you an idea of what that payment will be by factoring in the car’s cost, your down payment, the term of your lease, your lending rate, and tax.

Don’t forget to also consider the added costs associated with owning a car such as the registration costs and auto insurance.

Lease-End Options

There are multiple options for you when your predetermined term is up for your lease. You can choose to return the vehicle to our Cadillac dealership near Chicago, IL and obtain a new lease.

You can also opt to buy your vehicle at that point too if you love it too much to part with it. Don’t wait for your new Cadillac vehicle – stop in and see us today!

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