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Frequently Asked Questions | Presidential Auto Leasing
Leasing a car means you take a car usually for 24-48 months and make monthly payments. Auto leasing payments are calculated based on the value of the vehicle and your credit score. We offer payments typically much less then dealer’s standard 3-years car lease programs.
Financing a car, simply put, means you are going to own a vehicle after all your payments are made. Every month you must make payments on the vehicle and at the end of a given term, such as 60 months, you own the vehicle. A car in finance is a pledge in case the auto loan cannot be paid off for any reason. Thus, there is no need to worry about risking your assets in the event of unforeseen financial situations. Remember! That the lending rate changes during the term of the car financing agreement. You can always predict your budget correctly to pay your monthly payment for financing a car.
At Presidential Auto Leasing, down payment is not required for leasing or financing a car. However, you can always put a down payment when leasing or financing a car to lower your monthly payment. When financing, down payment helps to pay off the vehicle early.
No. There are no hidden fees when leasing a car at Presidential Auto Leasing, and the price you get is the price you pay. There are no upfront fees unless otherwise stated. Also, no down payments are required. You are forced to put more money down at dealerships and pay more per month on the exact vehicle that we offer you at a lower price to show the difference this makes.
We can deliver the car to your home or you can come pick it up at our location.
Our location: 2311 Avenue Z, Brooklyn, NY 11235