With SmartLease, you pay for the portion of the vehicle's value (depreciation) you expect to use over a period of time, plus a rent charge, taxes and fees.
You don't own the vehicle; you drive it for the lease term and return it at lease end. You even have the option to purchase the vehicle at lease end.
SmartBuy is a purchase transaction with many of the benefits of a lease in that your monthly payments can be lower than with traditional financing. This is true because your monthly payments are based on the portion of the vehicle you expect to use during a specified term plus a finance charge. Unlike a lease however, you own your vehicle.
Contact one of our Sales Consultants about a GMAC Smart Lease or Smart Buy as an option of financing your next New Vehicle!