Look Before You Lease: Secrets to Smart Vehicle Leasing

Look before you lease: Secrets to smart vehicle leasing [Michael Scott Kranitz] on leondumoulin.nl *FREE* shipping on qualifying offers. Look Before You Lease.
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Even though you have requested quotes for the same car from different dealers, it might be confusing to try to compare them.

This might be because the car a dealer has in stock has different options. An easy way to spot your best deal is to look at how much the dealer is charging over the invoice price. Even though the total price is changing, the relationship to the invoice price reveals the best deal. Pick the car with the best sales price, and the color and options you want, and get back in touch with the salesperson who gave you the quote.

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Ask him to give you lease payments at the sales price he quoted. Set the parameters for your lease and then ask the dealer for a monthly payment. Now, this is very important: Make sure to set the terms. Also, ask him to tell you the interest rate the lease is based on. In lease-speak, the interest rate is called the lease factor or money factor. Use a lease calculator to see how your monthly payment changes depending on the sale price, lease factor and other lease terms. Before you do, ask your salesperson to deliver the car to you rather than picking it up at the dealership.

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Ins and Outs of Leasing

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