1. Do your homework so that the process will be smooth or else be prepared since processing your car lease can be a tedium task.
2. When you want to get the best out of your car lease, always tell the sales person upfront that you want to lease and you already have in mind what car to lease; and you know well enough about the car model. Give the car dealer the impression that you are well informed on car lease and that you know what is a fair deal.
3. Let the car dealer know that if you get a fair lease deal, you’ll lease within the day or else you’ll find another dealer or car leasing company that will give you the lease you want.
4. Negotiate for the car lease price (cap cost). Also ask about rebates, advertised specials, factory-to-dealer incentives, or discounts that can reduce your cap cost.
5. Ask about the fees concerning acquisition, disposition or other charges that can affect your cost.
6. Make sure you calculate your monthly payments. Compare your computed monthly payment with the dealer’s computation. When there is a difference, often it is a mistake, some are unmentioned extra charges, or your weren’t given the correct credit for your trade-in.
7. Never tell the car dealer how much is the monthly payment you can afford – you can opt to give him the price instead.
8. Don’t fall for the extended warranties, credit insurance, or add-on services.
9. Generally, it’s best to deal at the end of the day, at the end of the month, on a weekday, on a rainy day, or any sluggish period.
10. Never, never reveal to the car dealer how much you’re attracted to the vehicle.

After the contract is signed, it is already legal and binding so a deal is a deal. If you’re unhappy with the lease there is no grace period wherein you can cancel the deal. This goes the same with purchasing a car. However if you believe that a mistake have been made, contact your dealer or car leasing company.

If you absolutely must terminate your lease, the later you can wait, the better. When you terminate your car lease too early, it will extremely be costly.

If you want to move during the term of your lease, many car lease contracts prohibits you from doing this. Most car lease contracts prohibits their vehicles out of the country, some even prohibit moving it out of the state. Always remember to read the fine print.

Keep your end of the bargain, failure to do is a violation of your car lease contract. Maintain your vehicle, keep the contract-specified amount of the insurance, and make your monthly payments promptly.  Purchase tags, registrations, and pay taxes as required by your local government. Don’t make modifications to your vehicle, or fail to repay any damages. Don’t use the vehicle for illegal purposes, drive while drunk, or let unlicensed drivers use it. Pay all fines and fees associated with the vehicle.

Be sure to watch your mileage that it does not exceed the limit. If you find that you’re driving too many miles, try to take action to bring it back in line. You can try swapping your car with someone else every once in a while. If you have a pending road trip, you can opt to rent a vehicle for this rather than drive your leased vehicle. If you can’t simply stay within your mileage units, just realize that it will cost you whether you’re leasing, buying, or renting.

With the worldwide crisis, car enthusiasts are looking into car leasing to concord for their rather expensive interest. Even with the news that the US car leasing industry lags down due to the slowing economy, still other regions all over the world have developed an interest over car leasing with UK taking the first spot.

 Pakistan has the second highest query rate for car leasing. With the popularity of car leasing at Pakistan, the direct impact is evident on it’s increasing inflation rate. With the car leasing, the middle class also have the chance to sport a new car ever two years.

 As you can see the US’s interest over car leasing is only 15%. According to the Tennessee Journalist “When Ted Russell Ford turned down Harrison Pang’s leasing request for a 2009 Ford Focus, evidence of the lagging economy on the most profitable business in this country became readily apparent.”

Since I was quite interested to see what are the popular queries on car leasing were. I took the liberty on finding out what are the rising topics on car leasing in Google.

1. Car Leasing Offers
2. Car Leasing Deals
3. Cheapest Car Leasing
4. Audi Car Leasing
5. Vauxhall Car Leasing

Naivete is left only to those who lack experience and who have not seen the worst. Needless to say, in car leasing the naive will have himself buried in neck-deep monthly payments and additional charges. No amount of questions asked can compensate for a discerning, critical mind in evaluating a car lease deal. This is so because of the multitude of car lease dealers who ply the road clandestinely at night, peddling their wares of questionable value.

These peddlers we call car lease dealers usually have the most inane concept of a business deal, a.k.a. car lease. For those who are not aware of their existence, let me introduce to you their language. Car dealers usually have the sweet tongue to sweet-talk you into thinking the car you’re leasing is an affordable eye-candy. Here are some of their pick-up lines: (Reminder: Don’t believe them.)

“You can lease your car with no rate, yes, zero rate!” This might cause a fiasco when the lessee learns that the interest rates are embedded in the skyscraper-high sales price.

“Our car leasing rate is not influenced by a financed rate.” The truth is, the greater the financed rate, the greater was the leasing rate added.

“In car leasing, the credit extension rate is mandatory.” It’s another way of milking me pure with honey, Mr. Car Lease Dealer. Simply refuse it.

“Oh, we only take car leasing from our partner bank.” Get lost! You have to change your car leasing company right away! This might be a cartel or a syndicate group you’re going to deal with.

“You pay easily for 84 months for the car lease.” If you’re into financing your car in this manner, the amount you’ll be paying is equivalent to buying two cars.

Most drivers who go down the long, winding road occasionally by over speeding are easily put off by leasing; their reason, “No way is any leasing company milking me out of my pocket.” However, unknowingly, they have options to avail of a lease even if merely to test if it would somehow fit their lifestyle, considering it’s cheaper. We have come up with three work-around techniques for any fast and furious driver to use in getting around excess mileage issues.

Manipulating the lease deal is not prohibited; it’s an option. If you, in all intents and purposes, want to buy out your leased car at the end of the contract, then go for a low-mileage car cause it’s relatively cheaper. By then you won’t have to pay for the excess mileage at lease end since you’re buying it anyway. Cunning? Nah, I’d call it initiative.

Go for other parts of the lease where savings is a premium. Any leased car with high mileage means low resale value, which upsets your leasing company. These companies usually look for other means to offset the high mileage and as eye-candy for possible buyers. You can take advantage of this.  Occasionally, also, a low purchase price is set on the leased car that the lessee can benefit from, as stated above.

When I say you use diesel on your engine, it usually paints up a picture of muck, eardrum strain, bad performance, well, think again ’cause diesel has changed over the years. In fact it is highly advisable for high-mileage drivers because of its relatively lower cost. It can also give you 30-40% more mileage than petrol.

Mileage has always been a pain in the neck for most drivers, but there sure is a way to go around it. So drive on, fast!

Okay, I got it. I heard you, people. And I will answer your questions now. But please, don’t bowl me over, okay?

Here’s what you need to ask yourself when you’re thinking of leasing and everyone tells you no. Oh well, not just plain and simple “no,” but “NO!!!” You need this, buddy, ’cause it all boils down to what you need and want: not what THEY tell you.

First question: Do you have the cash, or can you afford a monthly payment without losing a house or something to that effect?

If your answer is no, then leasing is for you.

Do you keep the vehicle for more than five years?

If yes, then go buy a car instead. Leasing is usually good for two to three years only.

Do you drive a lot?

If you drive more than 20,000 to 25,000 km per year, leasing can be such a pain in the ass. So go get a used car instead.

Does your dealer show you “full disclosure” lease agreement?

If no, go find another dealer somewhere else. All contracts no matter how tough are fair. Be sure you see that in your dealings with any lessor.

But, hey, the most important question to ask is this:

Have you done your part? Go ahead and do some reading before you say leasing sucks.