Texas Lease Deals

Gilchrist Automotive provides the most flexible leasing options in all of Texas. You can work with any of our dealerships to lease a truck or car with 0-down. We're experts in every step of buying and leasing cars, and we can recommend a plan that will work best for you, whether it's with a 0-down lease, a traditional lease with low monthly payments, or even the purchase of a car, truck, or SUV at a great price point. Let us know if we can help in any way, or if you have questions about leasing a car near Fort Worth.

What exactly can you expect when you lease a vehicle from a Gilchrist Automotive dealership? In a sense, leasing a car is similar to buying one. You do research and compare models online, go into a dealership, and test drive your favorites to see which one is really best for you. Afterward, you decide on the color, trim level, and add-ons you want for your car, truck, or SUV, and discuss financing options.

But there are a few differences between buying and leasing a car, and most of them occur at the close of the lease period. When you are done with your lease, you need to choose whether to buy your car outright, or trade it in and start a lease on a new one. This choice is up to you, but many people enjoy trading their car in for a new model every three years. If you really love your car and decide to buy it at the end of your lease, you will need to contact us to get a payoff quote and instructions to purchase your car.

0-down leases are popular for someone who wants to drive a brand new vehicle without a big payment upfront, but they might not be the ideal option for you. When you make a down payment on a typical lease, this lowers the total amount of money owed on the lease and lowers your monthly payment amount. Consider it like this: invest in a larger down payment now and you will decrease your monthly payment cost. Put no money down upfront and you'll pay a little more every month. If your goal is to save money on leasing a car in Texas, negotiate a budget-friendly price from the beginning. Getting the lowest price possible on a car will usually result in lower monthly payments.

Lease terms can have penalties for breaking a lease. Should you default on a lease, you might have to do one or more of these things:

• Pay an early-termination fee
• Pay all remaining monthly payments
• Pay other fees to prepare the vehicle for resale
• Pay the "negative equity" on your car, which is the difference between the lease amount and the present value of the car

Before you do anything, however, read through your lease agreement or call your Gilchrist Automotive dealership to find out which of these fees apply.

Leasing a car can be less expensive than buying one, but it really depends on your credit and financial situation. Even if you don't have the best credit score, you can still buy or lease a vehicle at a Gilchrist Automotive Texas dealership. Our finance teams are trained specifically to help you lease a car with bad credit, while taking steps along the way that will actually help to improve your credit score. Here is a short primer to car leases for people with bad credit. First, if you can, it is best to tune up your credit score before applying for a lease. Your credit score is the first thing that car dealers look at when you apply for a lease, so do what you can to improve yours before trying to buy a car. You might also want to save up some money for a down payment, because with a larger down payment on the lease you may qualify for a reduced interest rate.

If you are going to trade in your car and start a new lease, you will need to check your vehicle for any damage, and schedule an on-site inspection. You should take a close look at the interior and exterior of your car (including tires and wheels), and make sure the car is in normal running order. During your review and our inspection, we will all be looking for normal wear and tear, which you are not responsible for, and excessive use and wear, which might require an additional fee. Also note that you may be charged for any leftover payments on your lease if you trade in your car before the lease term is over, and there might be excess mileage charges and additional state fees. Gilchrist Automotive dealerships often have special offers available to save you money or even lower your payment by trading up to a new vehicle before your lease is up. Call a Gilchrist Automotive dealership for a complimentary review of your lease.