Reasons You Should Lease Again

Reasons You Should Lease Again

With the end of your lease in sight, it’s time to start considering next steps. The choice depends on what best fits your lifestyle, but there are a few key benefits to getting into a new GM lease.

Loyalty rewards

Leasing a new GM vehicle may be a great way to save some cash. Not only are lease payments typically less than monthly retail payments, they also let you reap the benefits of your loyalty.

For instance, you can earn points by being a GM Rewards member; points can be redeemed toward your GM Financial account, accessories and more. And while GM Financial lessees may be charged a flat-rate disposition fee if allowed by their state, the fee may be waived if you buy or lease a new GM vehicle at lease end. It’s our little way of saying thank you.

New technology and safety

There’s nothing quite like that new car smell, and leasing means you get to experience that more often. This benefit is especially helpful if your needs have changed since you signed your last agreement. Is the four-door sedan you leased two years ago not cutting it for your growing family anymore? A new lease gives you the freedom to explore other cars, trucks and SUVs that might better align with your life with just a 24- or 36-month agreement.

Plus, since car technology changes so quickly, it’s likely that you’ll still be making payments and not able to enjoy the latest technology with a traditional car loan. As a lease customer, however, you can take advantage of the newest technology every few years without having to invest in buying a new vehicle. From advanced safty features like lane alerts and adaptive cruise control to cutting-edge connectivity like wireless charging and smartphone intergration, leasing lets you stay ahead of the curve. And when a new safety or technology feature becomes available, you can be one of the first to take advantage.

Lease-end decision

Lease end doesn’t need to be stressful. In fact, it's an opportunity to explore what's next. Your dealer can guide you through your options — whether that’s leasing a new GM vehicle, purchasing your current one or simply turning it in. 

Next steps

When it comes to getting behind the wheel of your next car, the option to lease or buy is yours. Ready to explore your options? Here's how to get started:

• Contact your originating dealer: Schedule a consultation to discuss your lease-end options and explore current offers.
• Check for loyalty rewards: Ask about exclusive incentives for returning GM customers, including waived fees. Your dealer may have pull-ahead offers, which give lessees the freedom to get out of a lease earlier than originally planned and include financial benefits.
• Explore your next ride: Whether you’re looking for a new lease, want to purchase your current vehicle or are ready to turn it in, we’ll help you find the perfect fit.

Use the GM Financial Mobile app or visit MyAccount to access resources and personalized support for your lease-end journey.

By Allison (Scott) Rummage, GM Financial

Allison (Scott) Rummage stays plugged in to all things electric cars-related, and likes to balance it out by sharing a budgeting tip or two. When she's not working, you'll find her jamming out to John Mayer, cracking "dad jokes" or cheering on the Dallas Stars.