Stoneham Motor Company Inc. 781-438-0490

LEASE AND FINANCING OPTIONS

No down payment

• Only money due at inception is the first payment, license fee and a refundable security deposit.

Lower monthly payments

• Only pay for the depreciation of the vehicle and interest.

New vehicle every two, three or four years

• Shorter terms enable you to get a new vehicle more often

No risk at maturity

• Close ended leases mean that the future value of the vehicle is guaranteed and the customer is only responsible for excessive mileage, wear and tear and a disposition fee at the end of the lease.

End of term options

• Purchase vehicle at the residual value.

• You can keep the vehicle or sell it if the residual is lower than the actual market value.

• Finance the balance through a retail installment contract.

• Lease extension - many lenders offer lease extensions up to six months.

• Turn in the vehicle and walk away - only pay a disposition fee.

• Turn in vehicle and purchase or lease a new one.

• Many lenders offer owner loyalty programs for price and fee reductions.