So what happens when your car lease is about to end? It is said that a month before your lease end your car leasing company will give you a call to tell you that they would be picking up your car and that an inspection has to be done to determine your car’s value. They might also be offering you a price for buy-out, a new lease with another vehicle, a trade-in, or a complete brand-new car purchase.

In this case there are several questions that you need to ask yourself before you jump into a new decision:

1. Is it best to buy out or return the car when you have exceeded the mileage or if there’s car damage? If ever you return the car, can you negotiate for the mileage and damage repairs expenses?
2. Would you benefit more when you extend your car lease or trade it in for another one? Do you need to pay for the wear and tear of the vehicle or excess mileage of the vehicle? In that case, would it be better to release yourself from the car lease?
3. If ever you decide to purchase, is the purchase price negotiable? If that is so, how much you think is the right amount? Do you still have to pay for the mileage and the damages?

There’s no fixed solution to any of these choices. Like anything else in this world, it’s on a case-to-case basis and requires a wise decision with right timing. You can do this by doing your homework. Again, research on the best options and read and ask credible sources for their experiences and advice. This will get you further than you thought.

Source: https://www.leaseguide.com

They say ignorance of the law is not an excuse for conviction. The same principle is best applied by lease dealers on their prospective customers. On the following paragraphs, we will be showcasing the varied ways dealers do a work-around customers’ limited knowledge of car leasing to close a deal at their best advantage.

Trick number 1 is that car leasing is always cheaper compared to buying. This is actually negated by the fact that there are a lot of hidden charges that are not calculated when you are given the amount for the monthly payments. In a setup wherein you can lease at the lowest price you can pay monthly for an extended time. Hence, in this case you will be gaining more mileage and higher fees for the wear and tear of your car.

Ten to twenty cents per mile is the usual charge for an extra mile exceeding the total amount agreed upon on the contract. So be cautious of the car leasing deal you’re choosing; don’t get blinded by the low monthly payment; learn to find the catch.

Trick number 2 is giving you inaccurate interest-rate information. Bear in mind that the right calculation is that of the money factor multiplied by 24. It makes a big difference, right? So when you plan on leasing a car, do the math yourself.

The third trick has something to do with early termination. They say it’s easy for you to just walk away from a lease if you have a sudden car change in the middle of the contract. The truth is most car leasing companies have ceiling-high penalties for early termination of contract or that you may pay for the remaining years you are under the contract. All these are usually stipulated in your contract. So before signing it, read everything, especially the minute details stated there. Usually, there are critical information written in fine print on the contract, which you should be more cautious of, because they are usually about extra charges to be incurred under contract.

Another trick dealers use for customers is the notion that rebates and price discounts don’t apply to car leasing. On the contrary, car leasing price is always based on discounts, negotiations, and rebates. This means you should always know your rights too.

Some dealers might also sell you items and deem them required. For whatever it is, always refer to the signed contract.

All these among many others that might soon sprout as the car leasing game continues are just the tip of the iceberg. There are a lot more that sometimes only experience can tell. The best option would be to look for a person with a good experience in car leasing and learn from him. That’s the way it is to win the game!

Sources:

https://www.bestqualityarticles.com/article/dealer-leasing-tricks-1504-1.html

Car Dealer Leasing Tricks Exposed

If you are a car enthusiast then you should know that the new thing to have in car lease specials is a drop top automobile. Ever heard of the Audi A3? Or what about the BMW 1-series convertible? If not, we are pretty sure you have heard of a drop top and have been waiting for ages to get the latest from the market.

The great thing is that the two aforementioned vehicles are just two of the latest drop-top models that are set out to be the best of car lease specials for the year. The Audi A3 Cabriolet and the BMW 1-series convertible are set to start a new kind of standard in their class of vehicle. So what have they been waiting for? The two manufacturers were once known to offer such models at huge prices, cutting off their mid-end and lower-end of the market. But these days, it seems that two companies have become a whole lot more understanding.

These car lease specials are much more affordable now with the Cabriolet starting at just about $40,000 and the BMW slightly a bit more. Yes, it may seem that price is still up in the sky but add about 10 to 20K to that and you will end up with the price of the same kind of compact cabrio a few years back. So as far as pricing is concerned, this is a major improvement.

Of course, prices were kept down with a few sacrifices. In both cars, fabric roofs were used as well as underpinnings. While the A3 is based on the three-door hatchback, the 1-series convertible is based on the coupe that was launched a year back. They are both 4-seaters that will be available as car lease specials within a month of each other. One can expect them to be out in mid-May. And going back to roofs, if you like it down fast, it’s suggested the Audi has one of the worlds fastest. Evenly matched on paper, it remains to be seen if these car lease specials will be evenly matched in the market.

Looking for the best car lease deal in a Ford but haven’t quite struck the deal between an SUV and a sedan? Then you should definitely have a look at the Kuga that seems to have been inspired by the Ford Focus yet it resembles a mini-SUV in every way.

The Ford Kuga is Ford’s promise to be back and competitive in the 4×4 market and things are definitely looking up for the manufacturer with the recent introduction of the Kuga. This cool crossover is a combination of dynamic driving mechanics from the Focus and the muscle looks of a 4×4. And just looking at it will make any driver drool to drive it.

Definitely worth the wait, it is the way this car will handle on the roads that will determine if it’s a best car lease deal or not. So far, road tests have proven that it handles quite well and its chassis quality is something to marvel at on the road. It sits high yet the steering responds accurately making the Kuga a very agile vehicle. It’s obvious that this is what Ford took care of the most.

More on handling and driving dynamics, the Kuga actually has three different settings for electro-hydraulic power-steering. Modes cannot be chosen while driving, though, so one has to stop the car before changing the settings. However, standard settings seem to be just fine and drivers will not likely complain about the shifting problems.

Buyers will most likely get the Kuga as a family car although it does have off-road credentials that can certainly beat out many mini-SUV models in the market at present. With a whole lot of storage space, the Kuga will come in two forms, the Zetec and the Titanium models. This is going to be one of the best car lease deal options to beat once the Kuga starts selling to the general public which is pretty soon.

Italy’s giant, Fiat, is set to release yet another of their mini car lease specials with the Fiat 500 Estate. Although it’s due out in 2010, Fiat is confident enough to already start showing pictures of it to the world (view link below to see pics). By the looks of it, this mini car might look a tad too small but it’s promised to pack a little extra.

The pictures don’t give up too much of the car but it’s built to be quite spacious for its class even though it has no rear passenger doors. What consumers can expect is a two-door city challenger with a sleek tailgate and an extended roofline. It’s the raised roof that will offer lots of headroom front and back, also providing more luggage space, making this car sensible and practical. It’s speculated that the car will carry the same Giardiniera logo that were worn by the Sixties, a range that has most likely inspired the current design of the Fiat 500. Fiat hopes to keep development costs down by using the same front and wheelbase found on the Giardiniera, and it definitely isn’t something to complain about. The new model will have a more upright tail and alloy roof rails to set it apart from its predecessor hatchback.

This one of many car lease specials from Fiat won’t be the first of new mini hatchbacks to be introduced to the world. The firm has already brought to the showroom its new vision for the Castagna, another city car that is built for the load. Fiat has always been known to be a tough competitor with any class of vehicle, having deisng a whole range of mini’s in the past.

As far as power is concerned, customers will have the choice of a 69 horsepower 1.2 liter gas car and a more powerful 100 horsepower 1.4 liter or 75 horsepower 1.3 liter multijet diesel engine. Should the demand rise, Fiat is prepared to release an Abarth version of the Estate but until then, expect to see this wondrous of car lease specials unleashed in the 2009 Geneva expo and in showrooms in 2010.

Pictures of the Fiat 500 Estate here.

If you haven’t been keeping up with what’s been going on over at Ford, then have a look at the Ford Fiesta; it’s bound to be the most thrilling of car lease specials in its class. The Fiesta is the fast new Ford from the world-renowned manufacturer and is probably the best one out of the series yet.

The new Ford Fiesta car lease specials are all about performance. Exciting and lightweight, this is touted to be the hardcore version of the ST, with handling that will be superior to most cars leading to, of course, driver appeal.

The Ford Fiesta mini monster is going to be up against other high performance mini cars when it is released to the public. This includes the Mini Cooper, and other hatches like the Corsa from Vauxhall. Most likely, however, this mini supercar will get the most competition from Renaults Clio Cup, as they share almost the same performance levels. It’s up to drivers to decide which car holds better on the road.

When the Ford Fiesta does come out, expect it first to be a limited edition. These special edition vehicles will be loaded with race-car style seats, fitted with lightweight materials to ensure better speed performance, and a whole lot of RS detailing like you have never seen. The car lease specials from Ford will have a potential 1.6 liter direct injection Ecoboost turbo engine, which was earlier unveiled at the Detroit Motor Show. This amounts to about 200 horsepower, promising a dash of 0 to 60mph in six seconds and a top speed of 140 mph. Its engine also promises fewer emissions and thus fuel economy should be quite minimal.

We leave you to decide for yourself what to expect. Check out this link for more 2009 Ford Fiesta details.