Smart leasing has nothing to do with race, color or creed–in fact, anyone can learn the different tips on how to lease like a pro! Car leasing secrets will not only help you get the best car for the best lease price but will allow you to pocket magnificent savings as well!

How the Residual Value Affects the Price of Your Car Lease

The residual value or estimated depreciable value is exactly what it sounds like: an estimate. No one will know for sure on how much a car will be worth in the future but you have to accept the fact that this value alone might spell the difference between a good and a bad car lease.

If the car that you are choosing to lease is well-known for having the build quality of a wooden shanty then be aware! The deal might sound too good to be true. Remember, a cheap car lease does not necessarily mean that you need to drive a cheap car. It is all about value for money!

Car brands that are desirable in terms of performance, quality and design will most likely have a pretty solid residual value. The same can be said for cars that have a history of providing unparalleled performance.

However, as the car gets more expensive then the same can be said for the lease price. It is all a matter of choosing the right car with the right trim model. Car dealers will most likely offer high-end trim models for their car leases–it is up to you to decide on how much of a car do you really need.

For example, did you know that leasing the Honda CR-V is $40 more expensive than the Honda Civic? It is also approximately $20 more compared to leasing the Honda Accord. Think the difference is insignificant? Multiply the said differences to the 36-month average lease term.

This means that leasing the CR-V based on monthly payments alone will cost you an average of $7,884. Leasing the Civic will cost you $6,444 on average while the Accord will cost you $7,164.

Think about that for a second. The reason why Honda cars were chosen as an example above is due to the fact that Honda cars are among those that have the highest residual values in the market. Do you really need the added weight of the CR-V if all you need is a compact Civic? Remember that since the CR-V is bigger and has a larger power plant, it will also be a tad more expensive to maintain. The savings will multiply tenfold!

If you want to lease a car without spending all your cash then choose a car with a pretty decent residual value and performance history.If you want to find the best leasing deals without breaking a sweat then start your car shopping here.

People are now looking forward to their next car lease especially when buying a new car is not an option. New car prices are as stable as balancing a big rock on a thin piece of wood and this alone has made leasing a more viable and economical option for the cash-strapped consumer.

Smart leasing will comprise a lot of factors, namely:

1. The purchase price of the car.

2. The estimated depreciable value of the car, otherwise known as the residual value.

3. The amount of down payment that you are willing to make, more popularly known as the cap cost reduction.

4. The term or duration of the lease; and

5. The money factor involved or simply the interest rate.

If you managed to negotiate all the above mentioned factors in a new car lease then you can expect the cheapest and lowest monthly rates in the market. However, if you overlook even just one from the list (the residual value of the car, for example) then this will critically affect the price of the lease.

How the Purchase Price Affects Leasing Rates

Smart leasing will all begin on the type of car that you choose. It is indeed possible to lease the car of your dreams but you have to be realistic in terms of your expectations. If you choose a car that is more expensive or considerably more premium compared to an equivalent model then you would not expect to get the lowest monthly rates now, don’t you?

The purchase price is also called the capitalized cost. To make things more simple and clear, the Cadillac Escalade (and all of its awesome V8 power and refinement) will be more costly to buy than a Honda Accord or Toyota Camry. This naturally means that the Cadillac Escalade will have a higher lease price compared to the humble Accord or Camry. However, this does not mean that you cannot lease an Escalade while saving money as there is more to new car leasing than the capitalized cost itself.

More to come on how to lease like a pro. In the meantime, check out the latest lease prices on all types of cars and SUV’s in order to get an idea on what you can actually afford.

If you want to lease a car then you have come to the right place. Here is part four of the series on how to lease a car and further save cash. It is easy to find the lowest and most affordable car lease in town. All you need are a little time, a modicum of patience along with a few helpful tips in order to further save money on a brand new car lease!

Lease prices will vary according to your location. Leasing prices will also depend on the car brand or marquee. Remember that a particular brand or model of car with a high resale value will be the cheapest to lease. Vehicles that are also highly reliable, dependable and cheap to run will be less costly to lease.

Everyone is searching for the best deals in town. If you want to save more money on a car lease then you should try leasing an economical and practical car. In terms of practicality, a car that is more than enough to meet your needs can be considered practical regardless of the size or bodily configuration. Try choosing a smaller car or subcompact if all you need is a vehicle that can get you from point A to point B. It is utterly wasteful to even consider a hulking SUV if you are always within the realms of the urban jungle.

Car dealers are the masters of the trade: they know all the tricks in the book in order to earn more profit from a car lease. Besides the obvious fact that you will need to have an average or good credit score, cheap car leasing will start in the selection process.

Choose a cheaper car and you will most likely end up with the cheapest car lease in town! Find all the latest leasing prices of the car of your choice and you will quickly understand why leasing is still the preferred choice for those who are in the market for a brand new car.

Every car buyer should know that leasing a car is similar to playing a sport: you will need to master the essentials of the sport in order to become the MVP! In this case, you will most likely walk away with a blockbuster leasing deal if you master the rudiments of the activity.

Without beating around the bush, here is part three of the series on how to lease a car and further save cash (and keep your sanity in place, too.)

It is essential that you understand car pricing before thinking about entering a leasing deal. Leasing a car is actually based on the depreciation of the car at the end of the lease term. In other words, leasing payments are a reflection of the estimated residual value of the car. However, lease prices will also depend on the type of car that you want to lease.

Cars that are larger, more luxurious and more prestigious will be more expensive to lease. This is a common fact. The secret in finding the best and most affordable lease deals is choosing the car with a high residual value.

You need not hone your talents in fortune-telling or even consult a spiritual medium in order to determine the future residual value of the car. Check out car reviews and professional advice relating to the past generation model of the car that you wish to buy. If the car is an all-new model then it is better to wait. If the previous model garnered impressive reviews in terms of reliability and desirability then the new model will most likely tread the same path.

Research is still the best way to find the lowest-priced leasing deals in your area. Know more about the latest car leasing prices in your area by the simple act of asking for a free lease quote. More leasing secrets coming soon!

Here are a few more lease secrets that will help you to further save tons of cash each and every time!

Are you currently having trouble choosing the best car to lease? Keep in mind that choosing a car to lease is pretty similar to choosing what particular car to buy. Avoid the temptation of choosing a more expensive car! You have to understand that since leasing is considerably cheaper than buying in terms of the monthly payments, it is not a go signal to just splurge on the latest sports car, sports sedan or luxury SUV.

Choose a car that is right for your needs. Consider your driving needs and driving habits as your number one priority! Use your head and not your heart when choosing the best car to lease. You will thank yourself in the end for choosing an economical and easy to drive compact car over that expensive and cumbersome luxury SUV. Keep in mind that you will have monthly obligations to fulfill when entering a car lease and the difference between a few hundred dollars in monthly lease payments can be used for other monthly expenses as well. A penny saved is still a penny earned!

Never settle for one particular dealer when looking for the best leasing deals in the market. It is still best to ask for a free online quote in order to find the car dealer that offers the lowest and most affordable car lease. Start your hassle-free leasing experience here and find out how you can lease the car of your dreams without spending all of your hard-earned cash!

Looking for the best lease deals in town? Remember that dealer scams are aplenty–some car dealers will do everything in their power just to earn a lump-size profit. Here are two things that you need to remember in terms of dealer profit:

1. Car dealers are most often content with making at least $400 for every sale. This holds true for people who know how to negotiate the price of the car. Leasing is all about negotiating the price as some dealers will insist on using the MSRP as the basis for calculating lease payments.

2. Car dealers will make a profit on each and every aspect of the sale, including insurance, financing, optional accessories etc.

Here are some of the dealer scams that you need to be aware of:

1. Extremely low mileage limits – if a car lease will restrict your yearly mileage to only 10,000 miles then walk away and find yourself a new lease deal. You need to understand that mileage penalties will cost you a lot of money at the end of the lease.

2. Imposing a lower-than-usual residual value – this may sound confusing to some but keep in mind that a car with a higher residual value will be cheaper to lease. If car dealers tend to charge a lower estimated residual value then you will inevitably end up paying more for the car. This also holds true if you are planning to buy the car at the end of the lease term as car dealers will often impose a higher price tag for the depreciated car.

Avoid dealer scams by simply asking for a free new car lease quote. This will guarantee that you only get the best lease deals without any form of dealer scam.