Why Lease Cerritos Acura?


Leasing a vehicle from Cerritos Acura can offer advantages and be an attractive alternative to buying, You decide about the importance and priority of these benefits to you.

So, what are the potential advantages of leasing from Cerritos Acura?
 

Lower Payments
                                                                                                                       
Your monthly payments are 30%-60% lower than for a purchase loan for the same car and same term.


More Car, More Often
Since your monthly payments are lower, you get more car for the same money and drive a new Acura every two to four years, depending on the term length of your leases.


Fewer Maintenance Headaches
Most people like to lease for a term that coincides with the length of the manufacturer's warranty coverage so that if something goes wrong with the car, the repairs are always covered.


Lower Upfront Cash Outlay
Most leases require little or no down payment, which makes getting into a new car more affordable and frees up your cash for other things. However, you can choose to make a down payment, or trade in your old vehicle, to lower your monthly payment amount.


Lower Tax Bite
In most states of the U.S. and in Canada, you don't pay sales tax on the entire value of a leased vehicle as you would if you purchased. You're only taxed on the portion of the value that you use during your lease. The tax is spread out and paid along with your monthly lease payment instead of being paid all at once.


No Used-Car Hassles
With leasing, the headaches of selling a used car are eliminated. When your lease ends, you simply turn it back to the leasing company and walk away, unless you decide to buy it or trade it.


Gap Coverage Included
All Acura Financial Services Leases automatically include free "gap" protection in case your vehicle is totaled in an accident or stolen, and you still owe more than the vehicle is worth. Loans do not generally come with gap protection.


For further information regarding Leasing or to answer any questions, please call 888.364.5830 and ask for the Sales Department.


New Lease Features! Acura Loyalty Advantage Benefits

 

The new Acura Loyalty Advantage (ALA) features rewards for qualified, existing clients when they return to Cerritos Acura and sign a new Acura Luxury Lease or Acura Financial Services® retail contract on an Acura vehicle.

 

With ALA, Acura lease clients might qualify for:

 

  • Momentum MilesTM: Clients who have driven less than their contracted miles will have up to 15,000 miles rolled over to their next Acura lease (rounded up to the nearest 1,000), or

 

  • Mileage ForgivenessTM: Clients who have driven more than their contracted miles will have half of the excess miles waived, up to 7,500 miles. In addition, they will have an extra 1,000 miles added to their base mileage amounts.

 

ALA features build upon and complement the existing Acura Luxury Lease benefits such as the automatically included Guaranteed Asset Protection (GAP), no disposition fee, and a $1,500 Wear and Use Waiver.


 

Acura Loyalty Advantage Overview

 

What is Acura Loyalty Advantage (ALA)?

 

ALA features are new additions to the Acura Luxury Lease. These new features reward qualifying, existing Acura clients with either a mileage rollover or mileage waiver when they sign a new Acura Luxury Lease or AFS finance contract. AFS is alerting each qualifying client by mailing a letter with an ALA Certificate printed on the back and instructions for the client to take the letter to his or her originating dealership.


 

What are the ALA features?

 

Qualifying, existing AFS lease clients can receive either Momentum Miles or Mileage Forgiveness benefits when they sign new Acura Luxury Lease or AFS finance contracts.


  

Can a client who decides to purchase his or her leased Acura receive ALA benefits?

 

A client who decides to purchase his or her leased Acura is only eligible for ALA benefits if they subsequently lease or finance a new Acura vehicle through AFS.


 

Are there waiver or rollover mile limits?

 

Yes, the waiver miles are capped at 7,500 miles and the rollover miles are capped at 15,000 miles. Standard overmileage rates will apply for all miles not waived.


 

Which clients are eligible for ALA benefits?

 

Eligible clients have:

 

·         Signed an Acura Luxury Lease contract.

·         Received approval following standard AFS credit approval policies.

·         Returned the leased Acura to an Acura dealership starting April 23.

·         Signed a new Acura Luxury Lease or AFS finance contract within 180 days from the vehicles' lease maturity dates.


 

Important note: The ALA benefit offer will begin 180 days prior to and expire 180 days after a client's lease maturity date. There will be no exceptions.