Do you know what a good lease deal is when you see one? Where can you look to find the best deals? Having the ability to recognize a good or a bad deal is an important part of leasing a vehicle. While a low advertised rate may seem like a great find, that alone doesn’t…
With technology evolving the way it is, it’s estimated that over 70% of buyers do some form of research before walking into a dealership. Making an investment up front to understand leasing vs financing will pay dividends when you pull the trigger to move forward with your purchase. Choosing not to do research and understand…
How Vehicle Lease Contracts And Agreements Work While lease contracts may vary from dealer to dealer and state to state, they will all contain the same basic elements. It’s a good idea to understand the basics of vehicle lease contracts before you sign one. This way you can be sure that you’ll avoid costly mistakes.…
Understanding How Vehicle Lease Fees and Taxes Work Whether you decide to lease a vehicle or finance one, there can be extra fees, charges and taxes that may come as a bit of a surprise. Especially if you’ve never purchased a vehicle before. Fees will vary depending on the brand of vehicle, the state or…
We’ve covered off different factors that affect the lease price, such as net cap cost, depreciation, residual value and more. See the article Understand – Learning How Leasing Works to get a better idea of how these factors affect the lease price. When you understand leasing, it’s fairly easy to determine how a monthly payment…
Leasing a vehicle is not the same as renting a vehicle. You can rent a vehicle from companies like Avis and Discount Car and Truck Rentals. You can’t walk into an Audi dealership and rent a car. Leasing is based on the concept that you agree to pay for the depreciated value of the vehicle…
There are 2 kinds of vehicle leases, closed end and open end. There’s a big difference between the two and this post will help you understand the difference between them. Close End Leases These leases are often referred to as walk away leases. It’s called that because at the end of the lease term you…
Is Car Leasing Right For You? While car leasing will make sense for some, it will make no sense for others. As discussed in other posts, it depends on your lifestyle and needs. Let’s go through a few questions to see if leasing is right for you. Do you drive more than 12,000 miles (or…
While vehicle leasing offers advantages that can be attractive for buyers, it’s not for everyone. In this article we’ll look at some pros and cons to leasing a vehicle. Advantages Of Leasing Less Worry About Maintenance – When you choose to lease a vehicle, you’ll be able to rest knowing that the vehicle is covered…
The quick answer… it depends on your needs. While leasing may be a great option for someone who works from home and doesn’t travel much, a real estate agent may be better suited to finance vs lease a vehicle. The reason – the number of kilometers they’ll put on per year. If you travel 30,000…