$1,500 - $2,000 off on select new vehicles vehicles!

True Sign and Drive Leases

Dec 18, 2014

You have probably seen some advertisements lately that feature lease payments that claim to have “$0 down” or “$0 due at signing.” If you read the fine print, you will frequently see that these dealers require an acquisition fee and/or a dealer fee and/or the first month’s payment due at signing. All told, this is usually well over $1,000 that you have to come up with before you can drive away in a lease that was supposed to have “nothing due at signing!”

The reason the dealers are able to get away with this is that the acquisition fee and dealer fee are administrative fees, not part of a down payment (so it is still a “$0 down” lease). As far as the first month’s payment being due, that is traditionally how leases work. Even with “$0 due at signing,” the first month’s payment is still required before you can drive off the lot in your new lease. Again, it is not a fee that is due to the dealership, it is simply the first month’s payment that is owed to the financial institution.

If you truly want to pay nothing out of pocket, what you want to look for a “Sign and Drive” lease. Then you want to go over the fine print thoroughly to make sure that you understand the disclosures in the advertisement.

If you are thinking that this seems misleading and confusing, you are not alone! As a dealership, we value transparency and fairness, which is why we are offering a true Sign and Drive lease special. With Irwin’s Real $0 Down Sign and Drive, all applicable fees are rolled into the monthly payment rather than being due upfront. And we even roll the first month’s payment in as well, so you do not have to pay a single penny at our dealership until one month after you sign the lease when your first monthly payment is due.

So go ahead and leave your checkbook at home, you will not need it. All you need is a pen to sign the lease and we will get you on the road in your brand new vehicle. We believe that buying a vehicle should be a fun, straight-forward experience, and we hope that our Real Sign and Drive event will make it that much easier for you to find the vehicle that is right for you.