How Do I Lease A Lincoln?

Step-by-Step Guide on How To Lease a Lincoln

Not every driver is familiar with the ins and outs of Lincoln leasing, so to make sure we're all on the same page, here's a guided tour of how to start and what you can expect.

1. Determine Your Automotive Wants and Needs

Lincoln leasing begins before you ever set foot in our finance office. You can take your first step toward a Capital Lincoln of Wilmington lease by jotting down your top priorities, whether that be gas mileage, horsepower, passenger seating, wireless device charging, a specific advanced safety system, or any other feature or performance ability.

2. Pinpoint Lincoln Models That Fit Your Priorities

Listing and then ranking your needs will help you hone in on which model best fits your style. Lincoln SUVs are finely tuned luxury machines that highlight just how spectacular automotive engineering can be – and they each offer unique benefits – so if you want help narrowing your choices, our staff can assist.

3. Talk With Our Dealership Staff About Lease Incentives

Once you're sure which Lincoln model will soon be joining your family, you'll meet with one of our dealership experts to discuss our current Lincoln lease incentives and terms. Some aspects of Lincoln leasing can be tailored to your needs, so now is the time to speak up about your typical mileage habits and how long you'd like to drive the vehicle.

4. Discuss Your Monthly Budget

Some drivers prefer to pay less each month, but keep their leased vehicle for a longer period. Others lean toward a higher monthly payment and a shorter lease term so they can try out multiple vehicles in a shorter timeframe. However you decide to move forward, we can help pair you with the Capital Lincoln of Wilmington lease deals that meet your needs.

5. Finalize Your Lease Terms, Including a Lease-Return Date

Are you feeling happy with the terms we've created together? Then it's time to sign a few papers and discuss when we'll see you next – our dealership's service center will be your home base for routine upkeep during the duration of your agreement. Finally, mark your calendar with your lease-end date so you'll know when to bring the car back and wrap up your monthly payments.

6. Drive Home in Your Brand-New, Warranty-Protected Vehicle

Here's where the true Red Carpet Lease feeling happens: Our Lincoln automotive finance services experts hand you the keys and watch you drive off in your new Lincoln SUV! You'll have the confidence of a New Vehicle Limited Warranty and 24/7 Roadside Assistance¹ by your side, just like you would if you had chosen to finance the vehicle.

7. Enjoy Your Car and Make Monthly Payments for the Duration of Your Lease

Our typical lease arrangements typically last between 24 and 48 months, giving you two, three, or four years with your new car. Within the timeline, you'll submit agreed-upon payments from your lease contract to our dealership each month. Aside from fuel, maintenance, and upfront costs, these will be the only payments you'll owe until your lease ends.

8. Return Your Leased Lincoln Model to Our Dealership

As your lease-end date draws close, we recommend reaching out to our store for information about how to prepare your vehicle for its return. By following the guidelines our team will lay out, you can avoid paying unnecessary penalties and enjoy a smooth vehicle return process. You can also discuss financing and keeping your model at this time.

Things To Keep in Mind When Leasing a Lincoln

• Residual Value: Vehicles with a higher residual value tend to require lower monthly payments.
• Down Payment: Choosing to make a larger down payment can substantially reduce your monthly payments.
• Mileage Caps: Estimate how many miles you drive annually to make sure you won't go over your limit and incur fees.
• Insurance Premiums: Insurance for luxury vehicles can be higher than average, so talk with your provider beforehand.
• Brand Promotions: Along with our dealership incentives, we may be able to help you leverage relevant promotions you find on the Lincoln U.S. website

Lease-End Options

1. Return the vehicle with no obligation (other than outstanding fees).
2. Return the vehicle and lease or finance another Lincoln model.
3. Buy out your leased Lincoln.

Pros & Cons of Leasing a Lincoln

Pros

• Typically lower monthly payments
• New Vehicle Limited Warranty included
• No long-term repair costs
• Brand-new technology and safety

Cons

• Can't permanently modify the vehicle
• No opportunity to build equity

 

Start Your Lincoln Lease at Capital Lincoln of Wilmington

Visit Capital Lincoln of Wilmington today to take the first step toward a Lincoln lease: exploring our new Lincoln inventory and selecting a car you love!

 

Frequently Asked Questions

Should I lease a Lincoln?

We recommend Lincoln leasing because it puts you in the driver's seat of a luxury SUV with affordable monthly payments. You also won't need to worry about long-term maintenance and repairs as the vehicle ages.

Is it better to lease or buy a Lincoln?

Leasing is a fantastic choice if you're only interested in enjoying a brand-new vehicle for a few years, while financing gives you the opportunity to build equity as you make monthly loan payments before eventually owning your car.

What are the usual lease terms on Lincoln vehicles?

Our Lincoln leasing terms vary throughout the year, but they all have specific lengths and mileage limitations. For precise information about lease incentives on our website, reach out to our dealership.

Can I buy my leased Lincoln at the end of the term?

Yes, if you're interested in buying your leased Lincoln model once your agreement matures, we can set you up with a finance plan that enables you to continue driving your vehicle while you pay toward its full ownership.

Can I return my leased Lincoln?

Yes, you'll return your leased Lincoln vehicle to our dealership at the end of your lease term. Returning the car late or early may result in penalty fees, so do your best to assess and communicate your needs at signing.

 

Got Any Questions? Capital Lincoln Of Wilmington Is Here To Help!

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¹Whichever time/mileage designation comes first. Roadside Assistance services provided by third-party providers for vehicles with an eligible service plan, subject to limitations and restrictions. Roadside Assistance is not a warranty; refer to the vehicle's Owner's Handbook for warranty details. Excludes costs for repairs, parts, labor, property loss, and expenses from accidents, abuse, racing, vandalism, and certain other conditions. Contact our dealership for details.