All about long-term leasing of a Cadillac Escalade
August 03 2022,
Are you considering the long-term leasing of a Cadillac Escalade and are wondering if signing a leasing agreement is right for you?
Your Cadillac Laval dealership close to Blainville, the West Island and Montreal, tells you more about the advantages of a Cadillac leasing agreement, the different available financing options, as well as on current promotions offered by Cadillac Canada!
Why opt for long-term leasing for your Cadillac Escalade?
Long-term leasing agreements with Cadillac Laval last for up to 3 years. According to the length of your contract, you can bring your Cadillac Escalade back after a period of 24 or 36 months.
Leasing your Escalade gives you several advantages, like the fact of driving a brand new vehicle every two to three years. This way, you can take advantage of superior levels of comfort, new innovative technologies on board, new customizable options, or simply changing for another model like the Cadillac Lyriq or the Escalade-V.
Opting for a leasing agreement is also a lot less expensive than if you decide to pay for the purchase of your Cadillac SUV.
The advantages of leasing your Cadillac Escalade
By choosing a long-term lease on your Cadillac, you will have access to several advantages. Firstly, you will not have to worry about repairs. In fact, since your luxury SUV will be under a warranty for the duration of your lease, should there actually be any repairs, they will be taken care of by Cadillac Laval for you; all you have to do is regular maintenance!
Moreover, in the event that you drive less than 25,000 kilometers per year with your Escalade, leasing becomes a better option than financing. You will have monthly payments that are more advantageous since you will only be paying for the portion of the vehicle used rather than for all of it.
The disadvantages of leasing a Cadillac Escalade
The long-term leasing of a vehicle, like the Cadillac Escalade, is not for everyone. If you drive more than 25,000 kilometers a year, fees for excess mileage will be charged and make this option less advantageous for you.
Moreover, if you enjoy driving a new vehicle regularly, then short-term leasing will be the better option for you.
Finally, you will not be able to bring your own modifications (or in other words, to customize the vehicle) since you are not the owner.
And what happens at the end of the leasing agreement?
At the end of your long-term leasing agreement for your Cadillac Escalade –or any other Cadillac vehicle-, 3 options will be made available to you:
- Repurchasing your leased vehicle (which is an option at any time during your leasing agreement);
- Choosing another vehicle either for lease or purchase;
- Simply returning your vehicle.
Easy as pie!
To find out more about our short and long-term leasing plans and what exactly a leasing agreement entails (including the conditions), come and visit us at Cadillac Laval today! We are located in Laval, close to Blainville, Montreal and the West Island.