Sometimes it makes sense to lease a car instead of buying it. At Bonita Springs Mitsubishi, we match your requirements with the most suitable deals available. It doesn’t matter whether you want to enjoy our affordable monthly payments or our unbeatable rebate offers — what matters is ensuring clients get the best rebates and leases. Our APR rates are low, enabling you to get an affordable auto loan.
How to Lease a Mitsubishi Car in Bonita Springs
Leasing a car comes with a myriad of benefits, including lower monthly payments and minimal down payment. Unlike buying a car with an auto loan, you can decide whether to own the car after the expiry of the lease or return it to your auto dealer. You have the power to negotiate on leases and lease buyout.
Leasing a car instead of buying comes down to your priorities and your financial situation. For some, leasing is about the dollar. For others, it is about convenience. But for some people, leasing is an opportunity to drive a new car. Regardless of your reason, Bonita Springs Mitsubishi has the best flexible and competitive leases you can find in town.
If you have a good credit score, want a new car to use for a short time, and drive less than 15,000 miles per year, then leasing can be a great option for you. Here is a rundown of what you need to know before leasing a car at our dealership in Bonita Springs, Florida.
1. Choose Your Mitsubishi Model
The car you want determines the value of your lease contract. It will determine residual value, down payment, monthly payments, and lease period. You should know that when you’re leasing a car, there are fees, interest, and taxes involved.
Luckily, our finance team lays down every cost involved to help you make the right decision. Whether you need a 2020 Outlander ES 2.4, a 2021 Mitsubishi Mirage, or a 2022 Mitsubishi Eclipse Cross, check the lease terms for each car and choose what’s best for you.
2. Browse Through Mitsubishi Lease Specials
Bonita Springs Mitsubishi has numerous lease specials throughout the year. With these new specials, you can benefit from a low monthly payment or zero down payment. Unlike other companies, we don’t place a caveat in our leasing auto deals. We don’t reduce mileage or the lease terms. Note that special lease offers are not available for cars with factory rebates.
3. Check the Lease Period
While most of our cars have a decent leasing period, it is important to know the time you’re going to use the car. Most leases last anywhere between 48 months and 60 months. We find that customers who want to own the car eventually choose the five-year lease.
What happens when you want to return the car before the end of the lease? Review the terms of the lease agreement to see if you qualify for an early buyout. You may pay some extra fees when you choose an early buyout.
4. Bear in Mind the Residual Value
As you might want to buy your leased Mitsubishi after the end of the lease, you need to know the retail and residual value of the car. The advantage with the cars on lease specials in Bonita Springs is that they have high residual value. Principally, the better the residual value of the car, the lower the monthly payments.
5. Consider Taxes and Interest
Bonita Springs Mitsubishi provides the best balance between value and fees. Still, you should select a lease special that suits your needs. For example, if you want to buy a car for business, a lease will provide you more value.
Typically, leases provide more tax write-offs than auto loans, but the amount you can write-off may be capped if you’re leasing a luxury vehicle. It makes sense to choose a lease deal with the lowest interest rates and down payment. Don’t confuse down payment with the total amount of cash due at lease signing.
Types of Car Leases
At Bonita Springs Mitsubishi, we provide exclusive customer cash offers, flexible monthly payments, unbeatable APR rates, unmatched rebates, and reasonable leases for individuals and businesses. With these offers, it is difficult to miss something that suits your needs. Remember to check the requirements to ensure that you qualify for a specific offer.
At our dealership in Bonita Springs, we provide several lease offers depending on the vehicle’s model and year of manufacture. With this option, you pay monthly payments for a specified period. There is also a security deposit due at lease signing if you apply the $1,000 lease rebate. Otherwise, the fee is due at the end of the lease.
In most of our lease contracts, the lessee is responsible for maintenance, repairs, and excess wear. You also pay $0.20 per mile when you hit over 10,000 miles/year. Leasing a car is an attractive way to enjoy a new ride with the latest technology and features. As we’ve seen, there is a lot to consider besides how low monthly payments can get.
We provide customer cash for various types of car models. Our customer cash comes as customer loyalty rebates of $500 or $1,000 depending on the car’s year of manufacture. Some models, like the 2021 Mitsubishi Outlander PHEV, attract rebates of $1,500.
With these loyalty rebates, Mitsubishi lease specials can also benefit car owners with Suzuki, Scion, Saturn, and Isuzu car brands. At Bonita Springs, we value our loyal customers. That is why we provide the best customer cash program. You can also negotiate for $1,000 factory rebates for the latest Mitsubishi models.
With this incentive, Bonita Springs Mitsubishi offers unrivaled interest rates. Our interest rates mostly range from 0.0% to 0.9%. We also provide APR rebates that can range from $250 to $500 on top of the low-interest rates. To qualify for Mitsubishi APR offers, you have to be approved for credit and insurance. In most cases, your credit score must be in good shape to qualify for an APR offer.
Note that we don’t combine APR offers with customer cash and factory rebates. Some customers can opt for Mitsubishi vehicles with customer cash offers because they’ll finance a smaller loan amount.
Contact The Finance Team at Bonita Springs Mitsubishi for Lease Advice
So, before you take the plunge, undertake due diligence and choose the best lease specials in Bonita Springs. When you are ready to set out with a new leased car, contact us today to make an offer. We’ll assess your credit score, insurance, and other factors to see which offers are great for you.