Leasing Info: The What & The How

What Is Car Leasing?

Car leasing provides an alternative way for New Yorkers to purchase a vehicle. It’s a great solution for commercial vehicle purchases, but it’s also very popular for personal-use cars. With a lease agreement, the buyer determines how much down payment they will put towards the lease (which is usually significantly less than a car purchase down payment) and how long they would like to keep the car. Lease agreements will specify mileage allowances and the vehicle maintenance plans. If you are new to leasing, you should read through the information on our web site, as it’s quite different from buying a car.

How Does Car Leasing Work?

When you agree to lease a car, you will work with a leasing agent, such as a Lease Specialist at Signature Auto’s locations in Brooklyn and Staten Island. Your specialist will take care of all the financial contract information necessary to get your car. When you lease a car, it’s similar to “renting” the vehicle for a specific length of time, usually three years. When the lease expires, you have the option of trading in or returning the car, or you can purchase it for a value indicated in your lease agreement.

Signature Auto Group is New York City's leading auto lease dealer. We offer a large selection of vehicle makes and models. We have offices in both Brooklyn and Staten Island, and serve customers across NYC, including Long Island, Queens, New Jersey, and more. We're also proud to offer a selection of quality used cars at unbeatable prices. To learn more or get a quote on any please contact us today.

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