Pros and Cons of Auto Leasing

• Lower Monthly Payments - Your monthly payments can be 30%-50% lower than for a loan to purchase the same car.


• Lower Upfront Costs - Usually a smaller down payment than that required for a purchase.


• New Car More Often - With a lease, you are able to drive a new car every two to four years, depending on the length of your lease.


• No trade-in or used car hassles - At the end of the lease term, you simply return the vehicle and lease another. No need to sell your used car or haggle over trade-in value


• Easier Maintenance - Bumper to bumper warranty corresponds to length of lease term. Most repairs are covered for the entire term of the lease.

• Leasing is More Complicated - Dealers do not explain how the lease payments are calculated and how the lease works.


• Long Term Cost of Leasing - more expensive than buying. With a purchase, you can keep your car for many more years than leasing, reducing the cost per year.


• Limited Mileage - If you drive more than than the allowed total mileage, you are typically charged 15 to 25 cents for each mile. If you plan to drive more than 12,000 miles per year, leasing is more expensive.


• Can't Customize - The car has to be returned to the dealer at the end of the lease in it's original condition. You can't make changes to or customize the car.

Are you looking to lease a new or used car soon? Before walking into the dealer, consider some of these tips before leasing that car:

1. Be prepared for the persuasion techniques of sales agents. Learn the inside tips for negotiating with car salesmen.


2. First shop for cars on the internet. Learn prices, incentives and deals.


3. Most prices are negotiable so be prepared to negotiate. Review car dealer negotiation tactics.


4. Go to a car dealer near the end of the month when dealers are trying to meet sales goals.


5. Learn Insider Tips and Dealer Tricks from a good car buying guide.

Insider's Guide To Leasing A Car


Ex Car Salesman Teaches You How To Beat the Car Dealer With
This Insider's Auto Buying Guide

The truth about leases - See exactly how leases are calculated, and how their fancy terminology allows for even more profits to be packed in right under your nose.

Find out the absolute best day of the month to lease a car. Knowing this can save you thousands, even taking you well below invoice.



To Learn More, Visit This Website Today

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