Best Car Leases With No Money Down – Image via www.leasingoptions.co.uk
Best Car Leases With No Money Down – but for a longer time and with additional costs. There are many who prefer to rent to buy because it allows them to drive a new car for less money than to buy it directly.
Once the car is found and negotiated a lot, online services like LeaseFetcher can lead you to special rental offers, making the entire procedure faster and stress free.
General advice is leasing no more than three years. It keeps the car under bumper-to-bumper warranty protection. Some people extend their lease to reduce monthly payments, but that means more money is invested in a car that will never be yours.
Most contracts come with around 20,000 kilometers per year. A person driving more than 55,000 kilometers in three years can face costs for each kilometer. Additional mileage can be purchased in advance and costs are rolled into a monthly fee.
“Drive-off fee” is a prepayment required for several contracts. The advertised rent often includes a high number of drive-offs, but try to keep the minimum to get the rental started.
Talk to your insurance agent for an offer. Rental companies often want a higher level of coverage for rental cars compared to vehicles purchased. The leasing company’s responsibilities are greater and they continue to charge you additional fees.
Estimate potential rental payments before visiting the dealer. Get a good idea of what’s really “good.” Estimating payments is complicated, but it is possible to find out what should be – with patience. To calculate the payment, get the remaining amount for the car and contact the financial manager at the local dealer. Ask for a 3-year value from the car you see. Add this number to the formula along with the mileage, down payment and trade costs. The resulting monthly payment may not be appropriate, but it will get you in the baseball stadium.
Many car manufacturers offer, sometimes, greater discounts on rent. Special offers may have more hidden costs in fine print, so check to learn if the stated monthly fee considers sales tax or high drive-off costs.
If the lease is not available for the car you want, find another online and see the link that lists the number of cars available. If you find a car that interests you, contact the dealer to check availability. In areas where several dealers offer the same car, you are in a better negotiating position.
Be sure to test encourage car and vehicle sellers. Do you feel comfortable with them? Did they return your phone calls? Are your questions answered in a straightforward way?
Now you have checked the seller, found your car and had several offers, worked to improve the deal and look for the lowest deals. Contact other dealers and see if they can beat the quoted price. If no one responds well, you have found the lowest price.