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AUTO LEASING 101 WITH Yates Buick GMC AN ARIZONA DRIVER'S GUIDE TO LEASE OPTIONS AND BENEFITS

An Arizona driver's guide to lease options and benefits

    What is auto leasing?

    Leasing is a lot like renting a new Buick, GMC vehicle for a set period of time. A contract is established between the dealer and the driver and, at the end of the contract, the car will be returned to Yates Buick GMC in Phoenix, AZ. A new agreement for the driver to purchase the car outright could also be established. Drivers often choose to lease a car because it gives them options for the future.

    Why lease a car in Phoenix:

    • Leasing almost always allows you to drive a car for lower monthly payments than if you purchased the vehicle outright.
    • Try out a vehicle before buying it from our dealership. You’ll likely fall in love, and if you don’t – leasing or purchasing an alternate vehicle is a great next option!
    • Keep outfitted with the most up-to-date technology and superior performance.
    • Leasing a vehicle for work affords the business opportunities for significant tax deductions while not having to pay for a new vehicle outright.

      Yates Buick GMC

      13845 W TEST DR GOODYEAR AZ 85338-1310 US
      Sales (623) 748-0839 Service (623) 377-9206 Parts (623) 738-2393
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          Yates Buick GMC Inventory

          531 Vehicles

            Customer Reviews (796Reviews)

            4.5
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            regular oil change and tire rotation complete in 75 minutes.
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            2024 Buick Enclave 5GAERBKW2RJ108587

              Trudy, has excellent customer service...

              5
              Trudy, has excellent customer service skills. She walked me through the process and answered ALL my questions.
              PHOENIX
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              2024 GMC SIERRA EV 1GT401EL3RU400439

                Quick and prompt

                5
                Quick and prompt
                LITCHFIELD PARK
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                2020 Chevrolet 1500 Silverado 3GCUYDED3LG347934

                  Came in for a flat tire repair, no...

                  5
                  Came in for a flat tire repair, no appointment. Service advisor took care of that problem and a recall I wasn���t aware of. The job was completed quic...
                  GOODYEAR
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                  2024 GMC 3500HD Sierra 1GT49YEY9RF254921

                    Alex Due��as was fantastic! Very...

                    5
                    Alex Due��as was fantastic! Very personable and courteous.
                    WADDELL
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                    2023 GMC 1500 Sierra 1GTUUGELXPZ323253

                      Very quick and easy. Our second purchase...

                      5
                      Very quick and easy. Our second purchase in less than 2 months. Everyone is incredible. Trudy was very responsive and helpful during the entire proces...
                      PHOENIX
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                      2024 GMC 1500 Sierra 1GTUUGEL7RZ297438

                        Good customer service

                        5
                        Good customer service
                        GLENDALE
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                        2021 GMC Yukon XL 1GKS2GKD6MR374579

                          Service was excellent but noticed grease...

                          4
                          Service was excellent but noticed grease marks on headliner.
                          GOODYEAR
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                          2018 GMC Yukon 1GKS1CKJ1JR118668

                            Great work we had decided on 1 suv white...

                            5
                            Great work we had decided on 1 suv white on white...no in-stock how we wanted it. Looked at another model and it was just a little bit more but way be...
                            YUMA
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                            2025 Buick Enclave 5GAERCRS5SJ101860

                              Dylan was great

                              5
                              Dylan was great
                              PHOENIX
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                              2024 GMC 1500 Sierra 3GTUUFEL4RG310138

                                What should people consider before making a decision to lease?

                                Leasing contracts set mileage limits, and drivers who go over those limits will have to pay extra at the end of the contract. If you intend to use the vehicle primarily in GOODYEAR and Avondale, leasing is likely an excellent option. If you regularly travel all around Arizona and the greater Phoenix metro however, owning a vehicle might be a better financial choice. Standard lease contracts allow 12,000 miles a year (that’s 36,000 miles total) for a 3-year lease contract. Lessees who go over the mileage limits pay approximately $0.25 for each additional mile. That would be approximately $125 if you went, say... 500 miles over the limit. If this makes you think that car leasing isn't for you, it’s worth considering that there are often low-mileage and higher-mileage lease offers available to save you money.

                                While leasing is a great way to drive a new car with a low monthly payment, there are up-front costs. Standard auto lease deals require a significant down payment in the area of $2,000-$3,000. There are sometimes OEM incentives which waive or significantly reduce these costs, so be sure to check Buick, GMC incentives for the Phoenix area. Much like purchasing, you will also need to cover sales tax, title, and licensing costs. You may also need to pay for the first and last month’s lease payments. In most instances, the cost of leasing is still less than if you paid for the vehicle outright - that's definitely something to consider! Nevertheless, it’s important to know what the possible charges will be before making your decision. To offset or cover the initial costs when leasing a vehicle, many customers include a trade-in of their previous car, truck, van, or SUV. You can easily estimate the value of your trade-in vehicle in the Phoenix, AZ area today.

                                Drivers should also carefully read the lease contract, making note of their responsibility for anything which affects the vehicle’s residual value. This includes items such as 1) damage due to an auto accident, 2) if the interior is damaged beyond typical wear-and-tear, and 3) following the vehicle’s recommended maintenance schedule. It is important to understand residual value so that when your lease contract ends, you are in the best financial position possible.
                                  Whats your car worth
                                  Value your trade-in to lease a car in Phoenix