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Car leasing is a confusing process. Knowing the basics will save you money, stres and time. The below is a concise overview of what you need to find the best car lease deal!
Vehicle Selection
- Compare multiple vehicles before making a choice.
- Look for brands and models with high residual or resale value.
- Learn current manufacturer and dealer leasing specials.
Lease Pricing
- Start by learning the MSRP and factory invoice prices of the vehicles you’re interested in.
- Negotiate the purchase price of the vehicle with the dealer.
- Start with the invoice price, aiming to pay less than MSRP.
- Don’t let the dealer tell you lease prices cannot be negotiated.
- The vehicle price is the most important factor influencing the cost of the lease.
Leasing Company
- In most cases the dealership is not the car leasing company.
- Dealerships usually receive a commission from the leasing company.
- Many leasing companies are subsidiaries of the auto maker.
- Dealers can also offer leases from banks or private institutons.
- Check with a few banks and credit unions and compare their offers.
- Often independent leasing companies can offer better deals than you’ll find through a dealership.
- Leasing through a independent leasing company can be more time consuming, but the savings could make it worthwhile.
Lease Rules/Limits
- Carefully read the lease contract before signing.
- Review your finances and confirm you can afford all leasing payments for the length of the term.
- Find out want is considered “normal” wear and tear. You’ll need to be careful with your leased vehicle, so not to be charged wear and damage fees a the end of the lease.
- Check the mileage limit and make sure it meets your needs. If you exceed the limit, you could pay up to $0.25 each addtional mile.
- Ask for an itemized list of the complete lease cost. Review addtional fees and question any that seem inflated or unfair.
- Compare different payment plans, for example making a larger down payment will lessen the amount of interest paid.
- Find out the exact amount you will need at signing.
- Know lease-end options and fees.
Find Your Lease
No matter what Mercedes-Benz you choose to lease, you can visit TopCarLeaseDeals.com and find all the best Mercedes lease deals, updated regulrly. TopCarLeaseDeals.com, a free no hassle service, helping you:- See the MSRP as well as the invoice pricing for a Mercedes-Benz you that you watch.
- Find the reduced cost of leases in your region.
- Compare and contrast Mercedes-Benz leasing prices before going to the dealership.
- Connect with several dealerships with great incentives as well as leasing deals.
- Do business only with pre-approved dealers.
- Enjoy easy straightforward negotiations.
- No obligation, or scams just the best deals on new Mercedes-Benz’s.
