Car Lease Blog

The 2011 Manheim Used Car Market Report announced that new car leasing accounted for 20% of overall vehicle sales for 2011, which is 1% better than 2010.

Due to the effects of the economic recession, more Americans are convinced that vehicle leasing is an ideal alternative to car buying. One of the factors is the lower cost of ownership.

However, the success of vehicle leasing in 2011 can also be attributed to car leasing companies and car dealers that offered fantastic leasing deals, along with a conservative approach in projecting the residual value of cars for lease. You should remember that car leasing involves the purchase price and the residual value of the car. If the car has a higher projected residual value, chances are it will be cheaper to lease compared to other cars with a lower lease-end value.

New car fleet purchases were also higher the past year, compared to figures posted during 2009 and 2010. The automotive industry saw a 22% rise in fleet purchases during the past year, and is expected to improve in 2012.

The 4 Steps to Hassle Free Car Leasing

Step 1: Request a free lease quote.

The first step is to request a free online lease quote. We can provide you with top car lease deals in your zip code, including limited offer lease specials. It is a common fact that most lease deals are unannounced, while some are only available for a limited time.

Getting a free lease quote will help you find the latest leasing offers, thereby offering you a chance to compare various lease prices right from the comforts of home.

Requesting a free lease quote will make it easier for you to find the best car lease for the money.

Step 2: Compare prices and choose.

After getting a free lease quote, you will now see that it is easy to figure out the lease deal that offers great value for money. If you are short on cash, why not choose available $0 down lease offers, where you can lease a new car without paying a large chunk of cash upfront.

Step 3: Talk to the dealer and negotiate the price.

It is important that you talk to the dealer and try to negotiate the selling price. Keep in mind that the price of the lease will also depend on the final selling price of the car. The lower the price, the cheaper to lease.

Step 4: Review the lease contract.

Read and analyze the lease contract. Check the mileage restrictions, and make sure that the dealer is charging you the right amount. Read and understand the lease contract before signing.