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Leasing is a very popular choice for many drivers. As your Cadillac dealership, we want to tell you some of the leasing benefits you receive when you lease a new Cadillac from us. 4 Leasing Benefits Available at Your Cadillac Dealership No Depreciation Worries If you buy a vehicle, depreciation is an ever-present worry. Depreciation is the decrease in a car's value over time due to natural wear and tear, mileage, and other factors. Within the first two years of ownership, a vehicle can lose up to 30% of its value, reducing the price you can get when you decide to sell it. When you lease a Cadillac, depreciation isn't an issue. Since you don't own the vehicle, you return it at the end of the lease period, and you can choose to sign another contract for a brand new vehicle. more Lower Monthly Installments If you choose to finance a new car, the amount you owe is calculated by subtracting any discounts, incentives, and the value of any trade-in from the sticker price. You then add applicable taxes, fees, and the cost of any optional extras. Interest on the loan amount is then added to the total, which is then divided by the loan term to yield your monthly repayments. When you lease, you're not paying the vehicle's full value. Your payments are based on its residual value, which is the difference between the vehicle's price when it's new and its value at the end of the lease. You then add the money factor, which is the cost of financing the lease, and divide this total by the number of months in the lease. Reduced Maintenance Costs If you buy a vehicle, maintenance costs are low for the first few years, but even a Cadillac will have increased maintenance costs as it gets older and more expensive and complex systems need repair or replacement. If you plan to keep the vehicle for the long term, you'll have to budget for these increased costs. When you lease a Cadillac from us, your maintenance costs are very low for the first few years, but you don't have to prepare for any long-term maintenance. The average lease agreement is two to three years, limiting maintenance costs to tire rotations, oil changes, and other inexpensive services. Easy Replacement If you've bought a vehicle and want to replace it, you can trade it in toward a new car or sell it. If you sell it, you pay for any repairs or servicing to get the best possible price. You'll also need to advertise and wait for a response. With leasing, you just turn the car in and you're done! If you want to know more about the benefits of leasing or to lease a Cadillac, contact us at Ross Downing Cadillac in Hammond, LA.

You enjoy your Cadillac and want to continue to drive it for the long term. As your Cadillac dealership, we want to tell you about some of the services we provide that extend life, giving you even more years of driving pleasure. more 3 Examples of Services at Your Cadillac Dealership That Extend Life Oil Changes High-quality oil is essential to keep your engine performing at its best. Oil protects countless engine components from friction damage by lubricating them so they move smoothly and efficiently. The oil's continuous movement helps cool hot components to further reduce wear and tear. Finally, specialized oil additives keep the engine clean, protect against rust, and break down potentially harmful engine buildups. Oil changes are important, as even the best oil loses its efficiency as it slows down and thickens. Slow, thick oil provides less lubrication, causing engine parts to wear out faster. Its additives also weaken, causing rust to develop, and carbon buildup will begin, both of which can result in major engine damage. We drain and replace the oil and install a new filter to prevent these issues. Coolant Replacement The engine runs most efficiently at a temperature between 185°F and 220°F, but sustained high temperatures can damage sensitive engine components. The cooling system uses coolant, which is pumped through the engine to absorb heat and transport it to the radiator for removal by heat exchange. This system will also speed up or slow down as needed to keep the engine at its optimum temperature. Coolant absorbs dirt and other debris during its travels through the engine, and this accumulated debris makes it move slowly. Slower-moving coolant can't remove heat fast enough, which causes the engine temperature to rise. If the temperature under the hood gets hot enough, the engine can suffer serious damage. Regularly replacing the coolant protects the engine and allows it to keep working for a long time to come. Air Filter Replacement Efficient combustion requires vast quantities of clean air. The air filter, housed in a box just inside the radiator grille, traps dust, dirt, and other debris before the air enters the engine. As time passes, this filter will become clogged with dirt, which severely restricts airflow into the engine. Without enough air, the fuel-air mixture will become fuel-rich. A fuel-rich engine wastes fuel, as the lack of oxygen means much of it won't burn and is dumped into the exhaust system. Poor combustion results, which can cause misfiring or stalling. Repeated stalling will damage the engine, particularly the cylinder and pistons. Installing a new filter prevents this damage. If you'd like to know more about services to extend your vehicle's life or to book a service, contact us at Ross Downing Cadillac in Hammond, LA.