Most lease contracts states the certain allowable number of miles for you to drive the car. Before jumping on that enticing car lease, it is advisable to have an approximate estimation of your car usage. You see, whenever you exceed the allowable mileage, you are usually charged for the excess when you return the car. To prevent this from happening, you have budget your allowable mileage in accordance with your car lease terms. This article will provide you tips on how to improve your gas mileage so that you in turn can get the best out of your car lease. 

Drive more efficiently. 

Aggressive driving (such as rapid acceleration, speeding and braking) only wastes your gas.  This can actually lower your gas mileage by 33 %  at highway speeds and by 5 % around town. Driving sensibly can also be safer for you and your passengers.

While each vehicle reaches its optimal fuel economy at a different speed (or range of speeds), gas mileage usually decreases rapidly at speeds above 60 mph.  So observe your speed limit, each 5 mph you drive over 60 mph is a $0.24 additional to your gas expenses.

Remove unnecessary items in your car that will only add non-essential excess weight that will actually  reduce your MPG by up to 2% if the weight is about 100 pounds. When traveling, don’t put every baggage on your roof rack since this will increase your aerodynamics drag and will will decrease your fuel economy by 5%.

Avoid excessive idling since this costs 0 miles per gallon. Also remember to use cruise control on the highway since this helps you maintain a constant speed and, usually, will save gas. When you use overdrive gearing, your car’s engine speed goes down. This not only saves you gas but it also reduces engine wear.

Always make sure that you regularly tune-up your car. Fixing a car that is noticeably out of shape  can improve its gas mileage by an average of 4 percent, though results will vary based on the kind of repair made and how well it is done. So make sure that you visit the mechanic regularly so that you’d avoid costly repairs and to maximize your car’s mileage.

When you have a certain allowable mileage in your car lease be sure to plan your trips.  Combine errands into one trip since this not only saves you gas but it will also save you time. Trip planning ensures that traveling is done when the engine is warmed-up and efficient. You can also commute every once in a while (car pool and ride-share programs), you not only cut your weekly fuel costs in half, it will also save wear on your car if you take turns driving with other commuters.

You can get the best out of your gas mileage from the start if you opt to lease a car that is fuel efficient. Selecting which vehicle you opt to car lease is the most important fuel economy decision you’ll make.

Novated Lease is a car finance option that allows your employer to pay for your behalf from your pre-tax income for the term of the lease or as long as you’re employed. More and more companies are making it a centerpiece of their attraction strategy today. Novated lease is not something new, in fact it has been around for over 15 years. However in the past, a novated lease was solely available to top executives in white-collar jobs. As more employers sought more ways to attract and retain people, novated car lease has worked its way down the corporate ladder and a lot of employers now offer salary packaging to all staff who can afford it.

What are the Steps Involved in a Novated Car Lease? 

1. You choose a car and organize a lease through a supplier or your employer may have their own car leasing company that they’d like to deal with.
2. After the Deed of Novation is signed for the term of the lease, this means your employer takes on the responsibility of making your lease payments.
3. Your employers makes the monthly car lease payments on your behalf through salary deduction.
4. When your lease term is up you can either pay the residual in order to own the car outright, trade in the vehicle or refinance the residual with another lease or loan.

Despite that your employer is making the monthly lease payments for you, the car lease is in your name. At the end of the day, you are solely responsible of the car lease, including if you change jobs and your new employer will not take over the lease payments.

1. One obvious benefit is the reduction of income taxes
2. A Novated car lease can also increase the your (employee) spending power
3. The opportunity to make money on the difference between the residual and the market value of the car
4. Compared to getting a fleet company car, a employee can choose the car he wants, control the maintenance and take the car with them if they switch employers. There are also no restrictions on personal use and the company is not stuck with an unwanted car.

Did you know that CO2 emissions from cars are among the biggest contributors of the greenhouse effect?

According to J.D.Power, a market researcher, car buyers want to go green but not if it involves paying more. Even with the need and the desire to help the environment, many are hindered with the cost of going green and it’s quite apparent during this economically trying times.  Although there are a lot of environment friendly cars, these type of cars are not easily available for the majority of the populace since most of these hybrid cars belong in the elite group with an elite price. Whilst car leasing is a good route to take in reducing your CO2 emissions, only 11% is willing to take in the extra cost. According to the survey, only educated women would go for this kind of car; and why is that gentlemen?

Compared to car loans, car leasing are more affordable. Driving in expensive hybrid cars are an arm’s length away since you won’t be stuck paying the entire cost of the car. You can even sport a new green car every two to three years without having the burden of paying large loan amounts. Compared to the regular car that’s leased, car leasing an environment friendly car can, yes, still eat up a chunk of your budget. However if you have something to spare for the environment, give it to Mother Nature for the future of your children and mine.

When you do decide to venture into Car Leasing, you might also consider picking these models so as to help fight Global Warming and the ultimate degradation of our environment.

Environment Friendly Cars you might consider in Car Leasing :

Honda Civic GX

Toyota Prius

Honda Civic Hybrid

Smart Fortwo Convertible/Coupe

Toyota Yaris

Nissan Altima Hybrid

Toyota Corolla

Mini Cooper/ClubmanFord Focus

Toyota Camry Hybrid

Honda Civic

Honda Fit

Plans change and circumstances are shaped by them. This applies to any situation, whether you’re about to go off with the man of your dreams to the Caribbean or simply getting rid of your leased car, which you might realize soon are more like the same.

To strategize is the name of the game; that’s why they came up with the word street-smart in Webster. You need that cause you sure would have to pay a hefty sum for early termination fee, if not.

So what will you resort to? It’s called lease trading. What you’re doing is transferring the lease to a new lessee by finding one in an actual bidding site. Caution: it may take some time but rest assured you have a legitimate buyer; more importantly, you have more time searching for a new car.

In lease trading, the new legitimate lessee will assume the responsibilities that go with car maintenance and other fees imposed on the car at lease end. The new lessee can take advantage of not paying down payment while you, well, you are free from the lease!

So how should you go about lease trading? You have to look for a professional trading site like tradecarlease.com. They can manage all lease trades there. You only have to post your car lease and personal information on the site and they will store that in their database, showing them to potential lessees. However, you need to be informed that you’re on your own in the actual transaction. You would have to contact the person and manage the paperworks. So you should take time doing it.

For everything it is for, it’s all for the glory of freedom from an old car!

Whenever car enthusiasts, especially shoppers, are around, some questions continue to pop up about car leasing. Time-tested questions time and again are thrown at dealers and even YahooAnswers groups. Same old questions, same old answers. But then maybe it pays to repeat things, particularly if they’re as important as influencing them to believe in leasing as a good form of car ownership.

The following are the most significant questions and the hardest to answer, but they’re answered for you, nonetheless.

How can I get out of this lease even before the contract ends?

At times, things don’t work out the way we want. They drift into detours; then you find yourself not needing your car. This is true when your wife suddenly adopted two Asian kids from UN and the whole family won’t fit into your sedan. To make things easy, there are three options you have: find someone to assume the lease, sell the car yourself, or hand in the keys and walk away. The first option needs you to call the leasing company and ask if they would allow somebody else to “assume.” You might be needing $300 for fees. And be sure that the mileage does not go beyond what’s allowed. The second option will demand research from you. You need to check on the standard market price of your car. Even if you’re short by $1,000 or $2,000, you’re still better off with a new car. The third option is simply not a good choice. It will show as a “repo” on your credit record.

How can I buy out my leased car at the end of the contract?

When it happens to you, like to many, who went love struck with their leased cars for the comfort and familiarity and other times memories that go with it, the first thing to do is check its residual value. If, unfortunately, it’s higher than what you can afford, remember one thing: it’s negotiable. Next move is, call the leasing company.

How can I avoid extra expenses at lease end?

When you’re counting the days for Judgment Day, you secretly wish you’re not going to pay for your car’s after-life. To give you a clue, most leasing companies are bent on earning from returned leased cars. Good thing, there are maintenance tips that can help you with that: Get a car wash and have it detailed. Keep maintenance records as evidence. Have it serviced at regular intervals. Fix damages. Stay on regular mileage.

When you face the dealer, be sure you know your trade-in value. Don’t stand there and act dumb. You are inviting hell to break loose.

Keep that dealer invoice price for the car you want in your pocket always. Let nobody tell you, you don’t know the trade.

Don’t pretend that you know how to calculate monthly payments unless you really know; negotiate for the price, not the monthly payments for your own peace.

Feel comfortable to walk out when the negotiations don’t work for you.

Let the dealer know that you know leasing and that you know what you are doing.

If the salesperson seems to be playing games with you, tell that person to stop. But restrain yourself from kicking his butt.

Don’t give the dealer any deposit during the negotiations.

You can always ask for another salesperson to negotiate with; if not, then walk away, right away!

Never give a dealer what you can afford for monthly payments. Give him an exact price instead.

Never agree to bring home a car for a night without settling a deal.

Make sure your well-being is intact during negotiations. When you feel tired, confused, or pressured during these times then you’re doomed.

When that dealer starts telling you that lease prices are not negotiable that means he is bluffing. Same as when he says that your source of invoice price is wrong.

Say no to extended warranties, add-on services, credit insurance, and other “miscellaneous fees.”

Always compare the dealer’s calculated monthly payment with your own, to make sure it’s accurate.

A slow day, like when it’s rainy or on a weekday, is a good day to negotiate. Always negotiate the price up from the dealer’s cost.

You are now a certified lease negotiator!