Some More Ways of Cutting Costs in Car Leasing »

Some More Ways of Cutting Costs in Car Leasing

Take note of the emphasis on APR: Check the annual percentage rate of the car. Making sure that it's good will ensure a hefty saving for you.

Mileage is important. Calculate the nearest approximation you have for mileage. Underestimating it will make you pay soaring excess mileage rates; overestimating it will also make you pay more monthly than what's necessary. Then you'll be thinking I could have spent that money playing poker instead.

Figure it out; are you a long-range, high-mileage driver? If that's the case, then you better include servicing as part of the package. You just have to pay additional on your monthly payment for this. But if you only have short trips in a city terrain, then you can pay on your own for the annual service and any additional ad-hoc bills.

Check if tax is part of the monthly payment; and if it is, how much are you being charged for it?

Sometimes to end the agreement is better than staying on with the contract. Just make sure that the penalties will not be more expensive than the interest and monthly payments til the end of the contract.

If you happen to have a personal contract purchase policy included in your contract and you want to give up your vehicle, you can opt to sell it to a buyer of your own choice; then you can sell it with a slightly higher price that will guarantee you profits.

They say the street-smart is more likely to survive; this is all the more true in car leasing. Knowing the nitty-gritty about dealers and some hidden issues in car leasing will be a surefire way of going through leasing hurdles unscathed.

What Our customers are saying

The lease rate I got by calling the dealer was $67 higher than the rate I got from Car Leasing Secrets. It’s all about the local competition. So happy with my Benz!
 
Cristoph Wiese
Athens, GA
This is probably the easiest way to get quotes and compare them. I got one from each dealer in my city. One of them was surprisingly low. The quotes are free. No worries there.
Kristen Fletcher
Albany, NY
What a great way to shop around! I wanted a Corolla. There’s only one Toyota dealership in my city but I got a quote for a Honda Civic and decided to go with that one because I got such a good offer.
Mark Dolan
Missoula, MT