What You Should Know Before Signing a Maserati Lease
Signing a new Maserati lease is a significant decision, but it doesn’t have to be overwhelming if you prepare yourself before stopping into our dealership. It’s important to familiarize yourself with the stock on our website and come prepared with any kind of question you may have about the vehicles you’re interested in.
To help you better understand the leasing process and the questions we commonly get, our team at Helfman Maserati of Houston has prepared this guide.
What Type of Lease are you Offering?
You’ll commonly run into two different types of leases: open-end and closed-end. If you’re signing a closed-end lease, there will be a total price that’s set based on the leasing company’s estimated value after depreciation. If your car depreciates past this, you won’t need to pay more.
On the other hand, open-end leases require you to pay whatever difference there is between the actual value and residual value of the vehicle at the end of your lease period.
What is the Car’s Residual Value?
Be sure to ask about the residual value (how much it’s worth at the end of the lease) of the vehicle you’re leasing. This is key because it determines how much you’ll be paying monthly for your car. If the residual value is higher, your monthly payments will be lower.
What is the “Money Factor”?
The “money factor” of a vehicle such as the Maserati Levante simply refers to the interest rate you’ll be paying over time. You’ll be able to get a lower rate the better your credit score is, resulting in a cheaper lease over time.
Are There Any Lease Specials?
On our website, you’ll find a number of Maserati specials that apply to the leases of certain vehicles. Discounted leases usually happen when we’re trying to move certain models, so check back regularly to see the vehicles currently on discount.
Visit Helfman Maserati of Houston for More Info
If you have any additional questions concerning the leasing process, be sure to stop by our Maserati dealership near Pearland, TX, today. The experts at our finance center will explain everything in detail and ensure you leave feeling confident in your final decision. Come see us today or schedule an appointment online!