What are the lease terms & options in an Auto Plan lease?
A. With Jim Peplinski's Auto Plan you may lease a vehicle for business or personal use and you can choose variable lease terms up to 60 months. The Plan also offers you the following benefits after the first 12 months or at the end of your lease term.
- You may purchase the vehicle at the prearranged price
- You may sell the vehicle (Jim Peplinski's Fleet Disposal Centres can help)
- You may trade in your vehicle and lease a new one.
Why are so many people leasing their vehicles these days?
A. With no down payment & flexible payment terms, leasing reduces the monthly cost of financing a new vehicle. That means you either save money or get more vehicle for your monthly payment.
Are there benefits to Jim Peplinski's Auto Plan even if I have the cash to buy outright?
A. Leasing usually makes sound financial sense because it leaves your money free for income-earning investments. When you consider the substantial savings and the personal attention from Jim Peplinski's Leasing Professionals, the total Auto Plan package is a powerful alternative.
Will Jim Peplinski's take my existing vehicle as a trade in?
A. Yes. Jim Peplinski's Fleet Disposal Centre will arrange quotations for the sale of your vehicle at a competitive wholesale price. You may then apply the equity in your present vehicle to further reduce your monthly payments or Jim Peplinski's will pay you for your vehicle and you can use your cash for other purposes.
Can I apply a down payment against my lease?
A. Yes, you can lower your monthly payments and your interest expense by applying a downpayment to your lease. This varies depending on the amount of the down payment.
Is there a difference in the warranties if it is a leased vehicle?
A. In most cases you receive the identical warranty coverages as if you purchased the vehicle.
Where can I get my vehicle serviced?
A. At any Dealership that is authorized to perform repairs on your vehicle. The warranties are honoured throughout North America by each manufacturer's dealership network. You can choose the one that is most convenient to your office or home & the dealership you select will welcome your business.