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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

          506 Vehicles

            Customer Reviews (892Reviews)

            4.6
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            Ashley handled herself like a

            5
            Ashley handled herself like a
            GOODYEAR
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            2023 GMC Acadia 1GKKNMLS8PZ102249

              Right on time, and took exact amount of...

              5
              Right on time, and took exact amount of time that I was told. Jacklyn was very friendly and accommodating.
              LITCHFIELD PARK
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              2021 Buick Encore GX KL4MMFSL7MB101489

                Quick, perfect transaction

                5
                Quick, perfect transaction
                TEMECULA
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                2025 GMC 1500 Sierra 3GTUUFE89SG132583

                  It was good

                  5
                  It was good
                  PHOENIX
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                  2024 GMC 1500 Sierra 3GTUUCED0RG382297

                    My husband and I went to a Buick...

                    5
                    My husband and I went to a Buick dealership in Tempe because we live closer to that area. We didn���t really like this customer service we were receiv...
                    MARICOPA
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                    2024 Buick Envision LRBFZSE40RD073512

                      Communication and quality of work was...

                      5
                      Communication and quality of work was great.
                      WADDELL
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                      2017 Chevrolet 2500HD Silverado 1GC1KWEY3HF151746

                        Always a good experience at Yates

                        5
                        Always a good experience at Yates
                        SURPRISE
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                        2023 Buick Envision LRBFZSR46PD035578

                          Always great to go at Yates

                          5
                          Always great to go at Yates
                          BUCKEYE
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                          2024 GMC 3500HD Sierra 1GT49WEY7RF266604

                            Sean was got me in took care of my...

                            5
                            Sean was got me in took care of my vehicle and really went above and beyond to take care of me, would recommend the yates Buick gmc service depart jus...
                            LITCHFIELD PARK
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                            2019 GMC Terrain 3GKALSEX2KL264084

                              Judith the service representative was...

                              5
                              Judith the service representative was fantastic. Give that woman a raise!
                              GOODYEAR
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                              2023 Buick Encore GX KL4MMFSL4PB107755

                                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