The in-house finance market has shifted toward keeping people in older vehicles for longer terms and higher payments over the past decade. It is now common at traditional buy-here, pay-here dealerships for people to sign six or even seven year loans on vehicles with well over a hundred thousand miles on them already. Six years at $600 a month is $43,200. Seven years at $550 a month is $46,200. To say it mildly, that is absurd! We are changing this trend at Benchmark by never locking our customers into strict, long-term contracts, by maintaining affordable payments and by offering great trade incentives.
Below you will see trade options we offer customers on our Standard Lease Plan and our 2.5 Year Lease Plan. We have tried to explain the different trade options as clearly as possible below, but please do not hesitate to let us know any questions and please feel free to see dealer for complete details.
1. The Standard Plan option is listed next to each vehicle on our website. There is a purchase option with the Standard Plan so you can own the vehicle at the end if you like.
2. The 2.5 Year Plan option is designated by a green star next to each qualifying vehicle on our website. There is not a purchase option with the 2.5 Year Plan so you cannot own the vehicle at the end; however, the 2.5 Year Plan does include attractive trade incentives to help you get into another vehicle for a significantly reduced amount at the end of the lease.
*Please check out the 'Lease Plans' link at the top of our website for more information. All vehicles include our limited powertrain warranty, GAP waiver, property taxes and no long-term contracts with both plans. Please see dealer for complete details.
After paying for 13 months on any standard lease plan, you can trade into another vehicle for just $750 down on any vehicle on the lot listed with a down payment up to $2,000 down on a standard lease plan. This means a vehicle with a down payment listed at $2,000 on a standard lease plan can be swapped with your old vehicle for just $750! You can get into higher down payment vehicles, but you will have to make up the difference above $2,000. We also discount the capitalized cost of the vehicle the matching amount we discount the down payment so the payment stays the same as what we have posted online. On the $2,000 down payment example above you would get a $1,250 discount on the down payment and a $1,250 discount on the capitalized cost for a total of a $2,500 discount!
*Discounts for customers on a standard lease plan cannot be applied to the already discounted 2.5 year lease plan down payments for any reason, are not transferable and are not eligible for any carry forward.
After paying for 24 months on any standard lease plan, you can trade into another vehicle for half the posted down payment on any vehicle on the lot listed with a down payment up to $3,000 on a standard lease plan. This means a vehicle with a down payment listed at $3,000 on a standard lease plan can be swapped with your old vehicle for just $1500. We also discount the capitalized cost of the vehicle the matching amount we discounted the down payment so the payment stays the same as what we have posted online. On the $3,000 down payment example above you would get a $1,500 discount on the down payment and a $1,500 discount on the capitalized cost for a total of a $3,000 discount!
*Discounts for customers on a standard lease plan cannot be applied to the already discounted 2.5 year lease plan down payments for any reason, are not transferable and are not eligible for any carry forward.
The 13 month and 24 month discounted trade options are only available to customers who originally signed up on a standard lease plan. 2.5 year lease plan customers are offered discounted down payment options only after completion of the initial 2.5 year lease. Any discounts for customers on a standard plan can only be applied to future standard lease plan down payments and cannot be applied to the already discounted 2.5 year plan down payments.
*This offer is only valid if the customer has well taken care of the vehicle currently leased through us, changed the oil every 5,000 miles or less, made payments on time and put less than 18,000 miles per year (1,500 miles per month) on the vehicle currently leased through us. It is as simple as that! Please see dealer for complete details.
After completion of the 2.5 year lease, you can enter into a new 2.5 year lease plan or a standard lease plan on a new vehicle for just $500 down on any vehicle on the lot listed with a down payment up to $1,750 down on any lease plan. You can get into higher down payment vehicles, but you will have to make up the difference above $1,750. We also discount the capitalized cost of the vehicle the matching amount we discount the down payment so the payment stays the same as what we have posted online. On the $1,750 down payment example above you would get a $1,250 discount on the down payment and a $1,250 discount on the capitalized cost for a total of a $2,500 discount!
*Discounts on the 2.5 year lease plan are only available for customers who have just completed a 2.5 year lease, are not transferable and are not eligible for any carry forward.
Don't want to come up with $500 at the end of the 2.5 year lease plan to get into something new? You have the option to keep the current vehicle by entering into a new standard lease plan on the current vehicle for no money down as long as you are not over the 18,000 miles per year limit and have not damaged the vehicle at our discretion. After paying for 13 months on the new standard lease plan, you can trade into a different vehicle for just $750 down on any vehicle on the lot listed with a down payment up to $2,000 down on a standard lease plan.
*Discounts for customers on a standard lease plan cannot be applied to the already discounted 2.5 year plan down payments for any reason, are not transferable and are not eligible for any carry forward.
Discounts on any 2.5 year lease plan are only available to customers who have just completed a 2.5 year lease. Discounts for customers who have completed a 2.5 year lease can be applied to standard lease plans or 2.5 year lease plans. Discounts are not transferable and are not eligible for any carry forward.
This offer is only valid if the customer has well taken care of the vehicle previously leased through us, changed the oil every 5,000 miles or less, made payments on time and put less than 18,000 miles per year (1,500 miles per month) on the vehicle currently leased through us. It is as simple as that! Please see dealer for complete details.
Please feel free to call with any additional questions. We hope you are as excited about these trade options as we are. We believe they are game changers for our customers!
» Standard lease plans range from 57-260 weeks and have a purchase option. 2.5 year lease plans are 130 weeks and do not have a purchase option. No security deposit is required. Mileage restrictions apply. See dealer for complete details.
» All leases are able to be canceled early with a termination fee.
» All vehicles listed for in-house lease financing are offered exclusively as operating leases and will have a down payment listed next to them under our inventory tab. If there is not a down payment listed, the vehicle is only available for outside financing or cash sale.
» Alternative financing options are available. All advertised payments are subject to change based on qualifications, contingent upon approval and may not apply to each individual.
» Trade offers and credit approvals are subject to change without notice and at dealer's sole and absolute discretion.
» Please see dealer for complete details.
» All payments are final and non-refundable for any reason.