Connected Car
The company’s AutoNation Mobility division is booking what’s dubbed “Micro-Leases,” putting customers into new cars connected to leases lasting six to 12 months. According to the program website, these “Micro-Leases” currently are available only at AutoNation stores in California and South Florida. With an up-front payment of $2,400, AutoNation calculated the “Micro-Lease” monthly payment to be $820, which is less than the $864 payment for the installment contract or $914 for the traditional lease. AutoNation pointed out its “Micro-Lease” also includes all maintenance while the other lease option and the installment contract do not. “Whether you’re looking for a family car, want to try electric, or simply want to have some fun: We’ve got options,” AutoNation said on that website.