Close How To Lease a Car in Bakersfield, CA
Regardless of what new model you’re seeking here at Haddad Dodge Ram, you don’t necessarily have to go the route of financing it. Instead, consider leasing as a viable alternative that’ll let you bring home your vehicle of choice at a more affordable price point. But before you start the process, refer to this guide to get a smooth start!
Leasing vs. Buying
When you purchase a vehicle, you're paying for the full value of the car over time, either upfront or through a loan. When you lease, you're essentially paying for the portion of the vehicle's value you use during the lease term. Think of it as a long-term rental with structured terms. At the end of the lease, typically 24 to 48 months, you return the vehicle, and you can choose to buy it out, lease another new model for your commutes in Bakersfield, or simply walk away.
How Monthly Payments Are Calculated
Lease payments are determined by three primary factors. These are the vehicle's selling price, the residual value, and the money factor. The larger the gap between the selling price and the residual value, the higher your monthly payment will be. That's why vehicles with strong resale value, such as many Jeep, Ram, and Dodge models, tend to lease very favorably. Down payments, also called capitalized cost reductions, can lower your monthly payment, but it's worth discussing with our Finance Department whether putting money down at signing makes sense for your situation.
Mileage and Condition
One of the most important things to understand before signing a lease is the mileage allowance. Most standard leases include 10,000 to 15,000 miles per year. If you exceed that limit, you'll pay a per-mile overage fee at the end of the term, typically between. If you have a longer commute or enjoy road trips, we'll work with you to build a higher-mileage lease upfront, which is always more cost-effective than paying overages later. You're also responsible for returning the vehicle in good condition. Normal wear and tear is expected, so minor scuffs and light interior wear won't be an issue if you’re regularly making visits to the likes of Kern River Parkway and other destinations. Significant damage, however, may result in end-of-lease fees.
Gap Coverage and Insurance
Because you don't own the vehicle outright, your insurance requirements may differ from a purchase. Most lease agreements require comprehensive and collision coverage, and many include gap insurance, which covers the difference between what you owe on the lease and what the car is worth in the event of a total loss. Be sure to ask our finance team about gap coverage when reviewing your contract.
The Benefits of Leasing a Jeep
Leasing puts you in a new Jeep every few years with lower monthly payments than a traditional loan, minimal maintenance costs since the vehicle stays under warranty, and the freedom to upgrade to the latest features and safety tech each cycle. For drivers who love having a new vehicle and don't want the long-term commitment of ownership, it's an excellent option. Our friendly staff members are here to walk you through every number. Stop by today, and let's find the lease that fits your lifestyle!
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Testimonials
Thank you Guys I can’t say enough about you keep up the awesome work.
Thank you again Alex and mechanical staff.
“ I have a 2012 Dodge ram that I bought from Haddad in 2014 It has been a terrific truck. Alex Zarate has been my service advisor through some recent repairs. Although you never want to have to work on your truck but after ten years it's bound to happen. Alex has been nothing but helpful and understanding with me and the services I've received. I always have believed in bringing your vehicle to the dealer. The cost is well worth the warranty and level of service i have received. Alex Rodriguez, the service manager was very helpful as well any time I had an issue. Thank you again Alex and mechanical staff. ”
I appreciate it I recommend them I for sure will be coming back n the Future And telling friends and family about you guys.
“ We came in today thinking we wasn’t gonna come home with a car with the help of Eleazar Valenzuela he help us get our dream car for our family! N one of the other guy that was helping him David was so helpful these guys did a really good job I appreciate it I recommend them I for sure will be coming back n the Future And telling friends and family about you guys. ”
Haddad dodge is the best dealership in town and has served my entire family for many many years.
“ Haddad dodge is the best dealership in town and has served my entire family for many many years. I have worked with Doug Motton and Eduardo both who I would highly recommend to anyone trying to get a vehicle with great customer service and attention. This car lot is a must for the right deals and that’s why I will always come back! ”
This dealership is hands down one of the best. I had the pleasure of working with Ruben Mojarro .
“ This dealership is hands down one of the best. I had the pleasure of working with Ruben Mojarro . He went above and beyond to get my financing done and he traveled 4 hours to get sales contract signed… his customer service is outstanding. He will always have my business. ”
“ My name is Jennie Milstred my husband Kevin & I went into Haddad just to test drive a 2025 Durango. I knew exactly which one I wanted to drive . Eli (Salesman) asked if he could help us something. My husband told him which one we were looking for & he took us right to it. We drove it right away it was so easy he had the keys & off we went lol. Eli was awesome very helpful & friendly my husband & him had a lot in common so conversation was easy. We got back to the dealership and Kevin said let’s look at numbers. I was shocked I thought this was test it see if we like it & then look for the best price. But to my surprise my birthday was the next day Feb 5th and he says work the numbers get us out of our 21 Camry without being upside down. Eli took us into his office & got all info & took it to the sales office. And to our surprise the sales manager is Jr a long time friend. Then Robert another salesman we knew was also working there Jr & Robert are a team they sold me a Jeep in 2019. We have worked with him on other car purchases. Jr is amazing at what he does. You never leave unhappy. Robert was able to step in & help a little bit with some computer things that needed to be done with the Durango while Eli was able to finish with the window sticker & paper license plates lol. They work so well as a TEAM!! We had the most amazing & awesome experience at Haddad buying our 25 Dodge Durango R/T. We got a fabulous price, great incentives and treated with respect the entire time we were there. But I must say it was the fastest we have ever bought a car. We test drove, did paperwork, approved numbers & signed the deal in less than 2 hrs. That’s how good they are at what they do. If your looking for a Dodge or Ram or even something on the used lot go see this TEAM of guys. Jr the sales manager Eli a salesman & Robert a salesman you won’t regret it. No high pressure sales they are chill & let you take the lead on the deal not pushing what they want they are there to work with you & for your best deal& interest. They will take care of you I promise. Please tell them the Jennie or just the Milstred’s sent you. Thank you Guys I can’t say enough about you keep up the awesome work. Thank you Kevin & Jennie Milstred 2025 Dodge Durango R/T ”