Schumacher Lincoln of Delray

2102 South Federal Highway Suite B
Directions Delray Beach, FL 33483

  • Sales: 844-662-9065
  • Service: 844-653-8366
  • Parts: 561-454-1807

How Leasing Works

Leasing is a form of financing where you own and pay for the vehicle for a fixed period of time.

In a good lease, your lease price or cap cost should be significantly lower than the vehicle's MSRP. The lower your lease price, the lower your monthly payments will be. Lease prices may include an acquisition fee, which is a normal standard of any lease agreement.

Vehicles with the lowest depreciation make the best lease deals. Residual value is the car's value at the end of the lease period. Try to lease a vehicle that keeps at least 50% of its original value after 3 years.

The average lease is about 3 years and you are expected to return the vehicle in good condition. Pay close attention to your mileage limits and try to keep the lease until its full term. Early termination and mileage penalties are very expensive. 

We've got plenty of lease options on the quality vehicles you know and love, so come in and let us find the vehicle that's right for you.