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Cheap Car Leasing: Lease Or Buy?

Are you just about ready to make decisions on whether you should buy a new car or settle for cheap car leasing? This may be a tricky situation you have gotten yourself into. But let’s take a look at some of the facts. Cheap car leasing may not be as popular as getting a loan to purchase a car or for financing it. But it is definitely something that a fraction of the market has decided to accept while forgoing ownership of a vehicle and enjoying its short term benefits.

So what is it about cheap car leasing that is so enticing to customers? Well, first of all it is cheap. You can get a brand new car for virtually no down payment (but definitely super low if there is a down payment). And this means just about any car that you have been dreaming of, be it luxury or sport. Not only does this mean you can afford to drive many of the vehicles out in the market; it also means that your cheap car leasing can allow you to drive a new car about every two to three years, depending on the leasing contract that you have with your dealer. Also, this comes to a great advantage if you are the type of person who likes to try out new automobile technologies every two or three years.

The drawback, of course, is that once you start leasing, you never really stop paying until the end of a lease contract. And at the end of the contract, the car that you have leased will not be yours to own. This is the one thing that discourages many car enthusiasts from getting into a cheap car leasing contract to begin with. These days, buying a car is actually quite easy with the low interest finance plans and even some cash-back offers from some dealers.

As you make your decision, you really just have to ask yourself what will help you in the long run. Are you the type who needs a new car every so many years? Or do you just want to make a one time purchase, own a vehicle after a few years of payments and be able to sell it over time? Keep in mind that as interest rates rise, buying a car will mean that you have to pay more when it comes down to monthly payments. Leasing payments, however, will remain as affordable as ever. And your leased car, as long as you keep it in the best condition possible, won’t have to end up as a depreciating asset in your garage. At the end of your cheap car leasing contract, all you have to do is turn the car in to your dealer walk away.

Car Leasing Secrets: Exiting Early

Entering a lease is much easier than getting out of it. All one has to do is go through all the paperwork, skip out on all the car leasing secrets, sign, then start paying the monthlies. Perhaps it’s not so wise to forget the car leasing secrets, though. These include all sorts of hidden charges and insurance payments your local dealer won’t tell you about. So how do you exit early so that you don’t end up spending too much of your hard-earned money?

Anybody who has gone through lease arrangements that one of the car leasing secrets is to transfer a lease, which is actually a more cost-effective of getting out of a current lease. But there are two other ways that you might be able to get out of a lease in order to make things a little easier on your pocket.

Your first option is to actually sell the vehicle. Now, since a leased vehicle is not yours to begin with, you will have to buy it from the leasing company. Of course this means that you will have to spend some of your savings but you can make all the money back and probably more once you sell the car to somebody else. To buy out a lease contract you simply have to pay all the remaining monthly payments. Let’s say that you have a two year lease contract and you have gone through 6 months of payments and have realized that this lease is not good for your financial situation in the future. All you have to do is pay the remaining 18 months as stated on your lease contract. To get the actual cost of the remaining balance that you have to pay, just multiply 18 with the amount of interest that you are paying each month. The result is what you will have to pay to actually own the car and be able to sell it. Now, making all that money back depends on your business and selling savvy but remember that you shouldn’t be surprised if you don’t make a profit. Bottom line is that you have finally ended your lease contract and saved yourself a whole lot of money for the long term.

The other alternative is to refinance your lease. Refinancing a lease is for those who cannot transfer a current lease because their leasing company doesn’t allow it. Refinancing basically means extending your lease contract so that you make payments but at a lower rate and a longer term. What you are doing is stretching the depreciation which therefore lowers your monthly payment. Although this is not a way to exit a current lease, it certainly does a great job of making payments easier for you to manage. This is also very welcome by many car leasing companies. However, some dealers will not let you in on car leasing secrets such as this because they want you to keep paying the same rate as stated in the original agreement you have made with them. It’s good business for them and as far as they are concerned, customers enjoy the experience of leasing for the reason that they can enjoy different cars every time a lease contract is renewed.

Car Leasing Guide: Buying Cars Off eBay

With over 200 million subscribers (both buying and selling), it may seem that eBay is probably the best source when it comes to shopping for all sorts of items. When it comes to cars, however, this car leasing guide says it may be a lot trickier than you think. Since eBay is an online auction site where everybody is free to bid for something, you do have to look at the disadvantages to that aspect especially when looking for a car.

The experience of buying a car through eBay is a whole lot different than walking into your local dealers to ask for a car leasing guide and having a look at cars. Sure, there may be fancy pictures of the cars being sold, but nothing beats the physical aspect of kicking a car’s tire to see how stable it is, opening its doors to inspect the dashboard personally, and sitting behind the wheel to get a feel of what its like. For others, however, it doesn’t really matter and this sort of system might actually work for them, and the bidding is quite safe with protection policies given by eBay as well. Of course, you have to handle your own investigations when it comes to the legitimacy of the sellers themselves.

Beyond the bidding and shipping complications, you may have to ask yourself if the car you are buying is actually of the quality that you expect. This can be quite tricky because since you are buying it online, you will never really be able to test drive it in order to get a feel for its performance. You can’t see all the hidden problems in the engine that it might have through pictures. Unless the seller is from your town or is someone you really know and trust, it is almost impossible to find out anything about cars you would like to purchase on eBay.

This car leasing guide says that if you really want quality and if you want to deal with people you can trust, you are better off making lease arrangements with your local dealer. You will definitely be entertained; you will see the product before you and you can touch and test drive it to your heart’s content. So if you are not just another collector of cars and are looking for a practical solution to getting a car, this car leasing guide says get a quotation online or walk right into your local dealer’s shop.

More car leasing guide details on purchasing cars off of eBay can be found here.

Breaking Car Lease Deals

For many years, the concept of car lease deals is that you can never really get out of one without the consequence of being charged a really high penalty. Entering a car lease deal to begin with is risky and paying to get out of it doesn’t help your pocket at all. However, there are easier ways to get out of your current lease deal and enter a probable cheaper one. The potential advantage is that you may end up with a car that you really like as well.

People get into car lease deals for all sorts of reasons but the most common reasons are the down payments are very low (next to nothing, in fact) and there is the opportunity of getting a new car every 2 to 3 years. Of course, the second reason is not always successful because options are quite limited depending on the kind of car lease deals people are in.

To get out of seemingly impossible car lease deals, all you have to do these days is find the right middlemen. These middlemen will facilitate car lease deals and open them up to car lease trading deals. Car lease trading is not entirely new but with the Internet, it’s a lot easier to reach a larger audience; therefore, there are more chances to do successful trades. Now, for a minimal fee, car lease deals can be mixed and matched and when deals are made, lease-trading companies (or the middlemen) can help transfer car lease deals and titles with car dealers. Car lease trading is a very convenient way to get out of current car lease deals for many reasons including car model changes, financial problems, or even people set to migrate out of the country.

Car lease deals broken through car lease trades can be done on various car trading sites on the Internet. This includes one of the largest auction sites, eBay. Car lease deals being traded on eBay have been going on for a few years now and it actually helps people by getting rid of the middleman and doing everything by themselves. Of course, the risks are quite high and it’s always best to have a professional take care of trading car lease deals. Fees are minimal and car lease deals are much easier to get out of than ever before. As long as a customer’s credit is good, there shouldn’t be any problem going through the process.

Car Leasing Guide: Leasing Vs. Buying

Confused about whether or not you want to lease a car or buy a car? There is actually a difference between the two and this car leasing guide will help you weed out the advantages and disadvantages of the two.

First off, we have to find out just how to define the two terms, since no car leasing guide will tell you what it is exactly. Leasing is basically just another method for paying for a vehicle, no matter what model or make it is, over a specific amount of time, usually 3 to 5 years. Now, it may have similarities to renting but there is a difference with that as well. The difference is that when you rent a car, it’s yours for 24 or even 48 hours. Leasing, on the other hand, means that you get to keep the car for a minimum of 24 months or two years. Buying a car is totally different. There may be 3 to 5 year plans with monthly payments but at the end of the contract when all payments are made, the car is actually yours to keep or do whatever you please.

Now let’s look at the car leasing guide advantages and disadvantages of the two:

Leasing: The best thing about car leasing is that you spend a lot less when it comes to getting the actual car and maintaining it. Getting a lease that you can make little or no down payment at all. There are also no sales-taxes to pay and the monthly payments are significantly lower than if you were to buy a vehicle. And another thing? Every couple of years, you get to own a new car. Now, the disadvantage of a lease is that you will always have a bill to pay as far as car payments are concerned. You never really own the car as long as you are leasing it. When a lease term ends, you give back the car to a dealership and look for another lease or you can finance the remaining value and start loan payments. A lease will also restrict you with the number of miles that you can use each year and you pay extra if you go over your limit.

Buying: Any car leasing guide will tell you that buying car is best because at the end of payments, the car is yours. This means that payments for the car will end eventually and the car is also not tied to a dealership which means that you are free to sell it any time you want. There are also no restrictions on mileage since the car is yours so nobody can dictate or charge you extra for any amount of miles. The downside to buying is that the down payment is always significantly higher than that of a leased car. So initial payments and monthly payments are much higher. Maintenance costs will also fall into your hands and you won’t have the luxury of owning a new car every 2 or 3 years as that is not an option.

Weigh out the differences between leasing and buying before entering the dealership. Calculate what kind of money you are willing to spend. Leasing is probably one of the most practical ways of getting a car because it’s cheap plus you get to choose new cars every 2 or 3 years. But if you truly value ownership than buying a car is the way to go. Check your local car leasing guide and ask your dealer for other advantages when it comes to leasing a car.

Best Car Lease Deal: The All-New Focus

Straight out of the Ford stable is probably the next best car lease deal this side of hatchback town. Ford is set to release their all-new Focus in January of 2008 and with its sleek new look, it is touted to be quite the winner. Geared more towards the upscale market, the Ford Focus 2008 has been style differently but it retains much of its original form factor when the brand of Ford vehicles was first released in 2004.

So why the big change and why now? The Ford Focus has always faced criticism for the way it looked over the years. Dubbed as conservative and not-so-stylish in the past, Ford believes that it’s time they reinvented their own set of wheels to give it a more modern and upper-class flavor. This next best car lease deal is set to take the world by storm and not only will it be available as a regular gas-powered vehicle; a green “Econetic” model is also set for release.

The new Ford Focus will be known as the MkII and its fresh new look is definitely something to look forward to. If you really need a mental picture of the new Focus, think of the Mondeo, one of Ford’s other cars that they seem to have built this next best car lease deal around. Its headlights look like the Mondeo’s, and seems to even sport the same grille design: twin-grilles outlined in chrome (on some models) touched off with the signature blue-oval logo that is Ford. But this is probably an improvement in all other aspects of the new Focus because it now looks very clean, sans-rubber stripping, a new tailgate with LED lights and a different bumper, plus a roof spoiler (for "higher-end" models, the spoiler comes body-colored).

Inside the Focus 2008, the likening to the Mondeo is made even more apparent as the two models sport almost the same dashboard and instrument design touched off with a central information panel. Audio and environment controls have been changed as well with red backlights and silver trim; classier and something nice to look at while stuck in traffic. Plastics up front and around the interior are of best quality now and new equipment includes a 230 volt socket and an iPod connector. The standards for all the models coming out (3-door, 5-door, and an upcoming ST version) include central locking, front-power windows, four airbags, curtain airbags, ESP and an Easyfuel filler cap. If you really want a fully packed Focus, the next best car lease deal should really be purchased in its Titanium version as it also comes with automatic headlights, rain-sensor wipers and a top-notch stereo system provided by Sony.

The 3-door and 5-door variations come out in January with the ST version set for release a little later. If its style, quality, and class that you are after, Ford now offers this all in their all-new Focus. You can expect the same Ford quality in car handling and steering and you can rest assured that this best car lease deal will make it to the top as one of the best-selling vehicles in the first half of next year.

More on the new Ford Focus here.

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.
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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.
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