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Cadillac Lease Deals

Work with Frank Kent Cadillac to Find Your Next Vehicle

There are drivers out there who have already experienced the exhilaration of driving a Cadillac, and for them there is no other model of vehicle that’s acceptable.  On the other side, there are people who have yet to enjoy this experience.  One thing that each of these groups has in common is that they can all take advantage of some serious Cadillac lease deals that are being offered right now by Frank Kent Cadillac.  If you’re ready to see what all the buzz is about, come on down and take a test drive – you’ll be glad you did.

Cadillac lease deals involve affordable monthly payments and a reasonable down payment. For that, you’ll get to drive off the lot in a new vehicle that will have you wondering why you ever drove anything else and why you haven’t already taken advantage of Cadillac’s affordability in the past. For some, leasing a vehicle may be a new approach to driving. We’re going to help you understand this idea better by explaining how our program works and providing some advantages to leasing over purchasing any vehicle.
Gray, Red and White Cadillac CT4-Vs at a racetrack

What is Cadillac Advanced Lease Protection?

When looking at Cadillac lease deals, one thing you should strongly consider is Cadillac Advanced Lease Protection to cover you and your vehicle. This is protection offered by Cadillac that is in addition to and beyond any warranty coverage offered on a vehicle. Advanced Lease Protection can extend beyond the duration of a warranty and keep you protected throughout the entire duration of your lease. Different things are covered by the terms of the Advanced Lease Protection, but all of them protect you and your vehicle while under contract.

In general, Advanced Lease Protection with any Cadillac lease deals you are interested in will cover different parts of your vehicle. For example, the protection includes breakdown coverage for your vehicle, as well as replacements for one set of front and rear brake pads/shoes and battery replacement. You also get unlimited replacements of headlamp bulbs, belts, and hoses for the duration of the Cadillac Advanced Lease Protection also features coverage for the electrical system, including fuses and interior bulbs. Other features include wheel alignment coverage, diagnostics coverage, and fluid replacement coverage, which is why the Advanced Lease Protection is so worthwhile and important.

What are Some Important Terms When Considering a Lease?

Cadillac lease deals can be a great way to experience the joy of driving a new Cadillac, but it is important to make sure you understand what is involved with leasing a vehicle. It is not the same as buying one, and there are some specific terms that you need to make sure you know.

These include:

  • Sale Price – This is actually a term used in both buying and leasing a vehicle. It refers to the price of a car, which impacts what you will pay on a lease, but it is not the total cost you pay, like when you buy a vehicle.
  • Residual Percentage – This is what the car’s value is predicted to be after the term of the lease. The higher the percentage, the less you pay on the lease since it is expected to be worth as close to the full sale price as possible at the end of the lease.
  • Allotted Miles – This is the number of miles you are allowed to drive the vehicle each year. If you go over this allotment, you will pay a fee, so it is important to know what the allotted miles are and the charge for going over it.
  • Money Factor – This is a value that basically indicates the interest you will pay on the lease over its term. It is not expressed as a percentage the way the APR on a loan is, but it is similar in that the lower the money factor, the lower the amount you will pay on the lease.

A car salesman is pointing at a Cadillac lease deal contract with a pen.

What Should I Look For In A Lease?

When considering available Cadillac lease deals, you typically want to make sure you pay the lowest amount you can for the vehicle. That means you want to find a lease deal that starts with the lowest sale price possible on the Cadillac you are interested in. Just like when buying a car brand new, if you can get a low sale price with a lease, you will start off with the lowest price to begin with.

From there, you want to look at Cadillac lease deals that have high residual percentages or values because this means your payments will be lower too. With a lease, you basically pay for the expected depreciation on a vehicle – so if you can get a low sale price and a high residual value, then the difference that you pay on the lease will be as low as possible. Finally, you want to get the lowest money factor possible so that your overall payments stay low. In other words, look for a low sale price, a high residual value, and a low money factor.

You should also look for allotted mileage that works for what you need and how much you expect to drive the vehicle. If you just plan on driving around town and know your mileage will be quite low, then this might not be a huge concern. On the other hand, if you tend to drive quite a lot each year or go on road trips, then be sure you get a lease with allotted mileage that works for you.

One final thing you should consider is something called “gap insurance” or “gap coverage.” This protects you in case something catastrophic happens to your vehicle while it is still under lease. For example, if your car is destroyed in a collision, your insurance company will only pay the estimated current value of the vehicle – if that is less than the total value, then you can be on the hook for making up that difference. With gap insurance, however, you are covered for this difference and do not owe a thing no matter where you are with your lease.

What Should I Avoid In A Lease?

One of the major things you should avoid when looking at Cadillac lease deals is a lease for an overly long time. In general, you want to find a lease for just a few years, usually only two or at most three years in length. Since you are basically paying the depreciation on a vehicle, the longer the term for a lease, the more of that you are paying, and the less value you get from your lease.

You should also watch for a high disposition fee on any lease agreement that you are interested in. The disposition fee is a fee that you pay when you return the vehicle at the end of the lease term. While you will usually find some kind of disposition fee on any Cadillac lease deals you are interested in, it should only be a few hundred dollars at most. Anything much higher than that is more than you should be charged and something to avoid.

Should I Lease or Buy a Cadillac?

Although this is really a question that only you can answer, there are a few things to consider that can help you figure out which option is right for you. In general, you should buy a Cadillac if you know that you want to own it for a long time rather than just drive it for a few years. You should also choose to buy a vehicle if you know you can qualify for a loan with low interest and good terms overall to make your payments as reasonable as possible. Finally, if you have the money to buy a vehicle outright without any loan, then buying a Cadillac is a great way to avoid long-term expenses such as interest on a loan or lease.

On the other hand, if you know that you only want to drive your new Cadillac for a few years before getting something else, then you should look at Cadillac lease deals rather than buying one. A lease will typically cost you less each month than a loan payment – so if monthly expenses are a concern, but you still want a new vehicle, then a lease might be right for you. A lot of our customers choose a lease for a company or business vehicle since the lease can be used as a business expense. Finally, if you have no interest in owning a car overall, then a lease is a great option.

A closeup shows the hood and grille of a black 2021 Cadillac XT6.

Even More Reasons To Lease

Lower Monthly Payments

Without even taking the current Cadillac lease deals available at Frank Kent Cadillac into account, most consumers will tell you that leasing a vehicle provides them with the opportunity for lower monthly payments and the option for a lower down payment. That makes all the difference in the world when it comes to that all-important monthly budget, something we all need to watch for as we drive to and from wherever we’re going.

A Nicer Model

Cadillac lease deals also offer customers the opportunity to drive a very nice, high-end Cadillac model for a lower monthly payment than they would if they purchased it. While specific situations can vary depending on what you’re looking for, you could drive off the lot with a model of Cadillac that may not be completely realistic if you’re looking to purchase a vehicle outright. Having that wiggle room to lease will allow you a nicer model for a lower monthly payment. That’s a nice bonus indeed.

Drive Something New

Any of the Cadillac lease deals available from Frank Kent Cadillac also provide our customers with the opportunity to drive a model that’s right off the manufacturing line or one that hasn’t been out on the road for very long. You get to drive one of our Cadillacs during the early stages of its life, meaning you’re getting a new engine and all of the latest when it comes to features, comforts and luxuries that are all part of the Cadillac brand.

Warranties and Maintenance

Cadillac lease deals generally come standard with types of protection and care for our drivers, and that’s certainly the case with the models available for lease at Frank Kent Cadillac. Depending on which model you choose, you may be able to drive off with the manufacturer’s warranty, an extended warranty or some other level of protection. You may also get some help with oil changes and the like, and if something does go wrong for some reason, you can rest easy that we’re going to handle it for you worry-free.

Multiple cars are shown inside a dealership that is offering Cadillac lease deals.

How to Lease a Car...The Smart Way

If you are the type of person who wants to drive the latest and greatest car, but can't afford to buy a new car every couple of years, then you should consider leasing. Leasing a car is an excellent way to take home a new vehicle and trade it in for an upgrade every few years--all for an excellent monthly price. You get the pleasure of driving the latest models with the fanciest features, and when the lease is done, you can just upgrade to the next new thing. For example, if you're on the hunt for a new Cadillac, one of the best luxury car brands with an extensive lineup of quality cars and SUVs, Cadillac lease deals offer the chance to drive one without the commitment of having to pay full price for it.

However, before you jump into a lease, there are a few things you should consider. First, why are you looking to lease a vehicle over buying it? If you don't know, then you can't be sure you are getting the most out of the car for your money. Also, make sure you know the terms and conditions of any available lease deals you are considering. What are the mileage limits? Is there an option to buy at the end of the lease? What other details and stipulations come with owning this car? Going into a lease agreement without prior knowledge can cost you thousands--or at least land you in an arrangement that isn’t right for you.

Can I Buy a Car I Lease?

If you are going to want to try to buy the car you are leasing when you are done with it, make sure that the option to buy is included in your lease agreement. In most cases, you will be able to buy a car that you lease. Once you decide to buy, the dealership will make sure you qualify financially and offer you a buyout price for the vehicle. This is calculated based upon how much the car has depreciated, how many miles you have put on it, and some other factors.

Auto leasing was a concept first devised for the luxury car market. Luxury dealers knew that their customers are often brand-loyal and had the funds to upgrade their vehicles every few years to the latest model. Now auto dealers everywhere with more affordable brands have embraced the lease model. In fact, about 30% of cars from a dealership’s inventory will be leased rather than bought. Now you can lease almost any vehicle in a brand’s lineup if you know where to look.

Leasing works like this: You get to shop for a new car, then take it home at a lower price. Rather than buying the full cost of the vehicle, you pay for the depreciation that occurs during your lease term. In other words, you don’t pay a car’s full value; you pay for the value it loses. Interest and other fees apply, but the rates are highly affordable.

When you lease a car, it is offered to you for a specific term. Dealerships use this term to determine what a vehicle will be worth at the end of the lease. At the end of a term of 2-3 years, on average, you can return the vehicle to the dealership in exchange for leasing or buying a newer vehicle. Most people prefer to upgrade to the latest year of the same model, like going from a 2019 Cadillac XT4 to a 2021 Cadillac XT4. However, you have other options.

What if you fall in love with a vehicle after leasing it? Do you have to give it back to the dealership? Actually, you have the power to keep the car you’ve leased if you take the proper steps (and qualify financially).

During a lease, you will not hold the title to the vehicle; the leasing company does. In most cases, though, you can choose to purchase the leased vehicle at the end of the contract. The dealership will then calculate the buyout price, the cost to keep the vehicle, which will be approximately its residual value. The residual value is the estimated value the car is expected to be worth at the end of a leasing term. This is the price you’ll pay! Of course, as with buying any car, you’ll have financing options available to you. You won’t necessarily have to come up with the full residual value of the car in cash in order to buy out.

What Happens at the End of a Lease?

If you decide to lease a vehicle for its full term, you’ll return it to the dealership at a predetermined date. Remember that when you lease a vehicle, you don’t own its title, so you must return it to the dealer. Note that leases, while they average about 2 to 3 years, can be any duration if you negotiate for it. You should always be ready to negotiate lease terms and conditions so that there won't be any surprise fees when you return the car.

Other terms of a lease may include expectations to maintain a vehicle in a like-new condition. These terms are firm but reasonable and usually include keeping the car clean and regularly maintained with oil changes, new tires, etc. You may have to put down a security deposit when you lease a vehicle, which is part of your agreement to maintain the leased vehicle to a certain standard and return it on time. Like with any other security deposit, you will get this money back when you return the vehicle if there is no damage to it.

Most dealerships make it very easy to lease a newer, better vehicle once one lease ends. All you have to do is communicate your interest in leasing another car, and they’ll walk you through their inventory. Since most people prefer to trade in a leased vehicle for its newest model at the end of a lease, many dealerships will automatically offer this option to you, but you don't have to sign a new contract for the same model or brand if you don't want to. Once you choose a new car, you’ll enter a new lease deal - with new conditions - and begin the process all over again. You can continue this process indefinitely!

A gray 2021 Cadillac Escalade is driving on an empty highway.

What Kinds of Cadillacs Can I Lease?

Cadillac is one of the best car brands you can lease. The American-made luxury brand is known for its high-performance, safe, and reliable cars that exude luxury inside and out. You can lease almost any Cadillac car that is produced. Since you are probably looking for the latest models in the lineup, you can even lease the 2021 Cadillac models now.

The 2021 Cadillac CT4, often referred to as the entry-level Cadillac, is a reliable sedan that any enthusiast driver would love. Its turbocharged engine and enhanced safety features make for a satisfying drive, along with new-in-2021 features like ultra-reliable Brembo brakes, a beautiful aluminum-trimmed center console, and unique wheels designed specifically for the new CT4. While it’s a more affordable car in the new Cadillac lineup, it has a sleek exterior styling that looks far pricier than it is. You can most likely lease this model for a relatively low monthly rate.

The XT5, Cadillac’s popular crossover, has also been revamped for 2021. Combining an available 3.6L V6 engine with 63 cubic feet of interior cargo space, the latest XT5 perfectly balances excellent driving performance with practical features you’d expect from a midsize SUV. Plus, this model has a luxurious interior leather and a smart infotainment package. Upgrade to the Premium Luxury trim for top-of-the-line safety and security features or the Sport trim for superior handling and performance suspension.

The Escalade is already one of Cadillac’s most popular vehicles, and the 2021 edition is sure to make waves. With new features like an available 420 horsepower, 6.2L V8 engine, and the first-ever OLED smart display that curves across the dashboard and center console, the new Escalade again takes top marks for sophistication and performance. It’s understandable why many Cadillac lovers prefer to lease than buy Escalades; every few years, you get to upgrade to the latest model and enjoy its finely tuned features. So when you lease a Cadillac, you’re always ahead of the curve.

Lease a 2021 Cadillac Today

Leasing a Cadillac is an affordable way to enjoy the latest from this luxury car brand without a long-term commitment - that is unless you choose to purchase it during your lease. If you want to learn more about leasing the Escalade, XT5, and other new vehicles, visit Frank Kent Cadillac. You can explore our wide selection of Cadillacs, from entry-level models to the most luxurious and best from the Cadillac brand. We proudly serve the Fort Worth, TX, area with the best inventory and service around.

Our finance center can help you set up a lease arrangement that works for your budget and the term length that’s right for you. If you have more questions about qualifying for a lease or shopping for the best-quality Cadillac vehicle, call us at (817) 385-1736. We’ll help you find the right vehicle for you with all the style, performance, and safety features you need. Best of all, you’ll be able to come back and see us at the end of your term to trade in for an even better model. Whatever amazing engineering and luxury features Cadillac may have in store for the future, you'll be able to get your hands on the wheel without breaking the bank.

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Frank Kent Cadillac 32.72228, -97.48144.