It is easy to find car leasing companies offering top lease deals! Remember, auto leasing is an easy, and cost-effective way to drive a better car. If you want a new car while paying less money, car leasing is the right thing for you.
Request a FREE Car quote and see car leasing companies who give low money factor rates, $0 down lease offers, and the best prices in in -! No obligation! No hassles! Safe and secure! You will see the best offers, from competing car leasing companies, all from the comfort of your own home.
Top 5 Deals from – Car Leasing Companies
| Compact Cars | Sedans/Station Wagons | Sedans (Large) | Sedans (Upscale) | Sedans (Luxury) |
|
• Audi S5 • Volkswagen Golf • Suzuki SX4 Crossover • Suzuki SX4 • Volkswagen Beetle |
• Mazda MAZDA6 • Honda Accord • Volkswagen CC • Suzuki Kizashi • Volkswagen Passat |
• Mercedes-Benz S-Class |
• Audi S5 • Mazda MX-5 Miata • BMW 3 Series • Hyundai Azera • Mercedes-Benz SLK-Class |
|
| Sports Cars | Minivans/SUVs (Small) | SUVs (Midsized) | SUVs (Large) | Trucks |
|
• BMW 3 Series • Porsche 911 |
• Ford E-Series Van • Mazda MAZDA5 • Ford Escape • Ford Transit Connect Van |
• Nissan Xterra |
What is Car Leasing?
Car leasing is not the same as renting. Leasing a car requires you to pay the difference between the selling price and the residual value the car will have at the end of the lease term. The amount is calculated and then paid in monthly installments, similar to financing a new car.
Leasing is cheaper than buying because you are NOT paying for the full price of the car. This is also the reason why leasing allows you to enjoy lower monthly payments.
What Factors Determine the Price of the Lease?
Here are the important factors determining the price of the lease:
- Manufacturer’s Suggested Retail Price (MSRP) – the MSRP will be used when calculating your monthly lease payments. A cheaper MSRP will give you lower monthly payments. Always remember to negotiate the selling price, whether you are buying or leasing the car. Even a small reduction in the MSRP will help give you more affordable monthly lease payments.
- Capitalized Cost – the capitalized cost is the selling price or the negotiated price of the car. If you lease the car at the stated MSRP, then your capitalized cost is equal to the MSRP.
- Capitalized Cost Reduction – the capitalized cost reduction is any amount that will help reduce the price of the lease, including cash down payments, rebates, incentives, and the trade-in value of your old car.
- Residual Value – the residual value is the estimated value of the car after it depreciates over the life of the lease. It is best to choose a car with a high residual value as this will give you a cheaper car lease. Keep in mind, all new cars will start to depreciate the minute it leaves the dealership.
- Money Factor – the money factor is the amount of interest you need to pay for the car lease. The money factor is expressed in decimal form (ex. 0.00265). You can convert the money factor to the interest rate by multiplying the factor by 2400. In this case, the interest rate is 6.36% (0.00265 x 2400). Car leasing companies will determine the money factor based on your credit score. The higher your score, the lower the money factor.
- Lease Term – the lease term is the duration, or ‘life’ of the lease, usually expressed in months. Car leasing companies will start with a typical lease term of 24, 36, and 48 months. Although, you may also see lease terms for 30, 39, and even 46 months. You want to choose a lease term equal to or less than the car warranty, so you can save money on potential repair bills.
The above mentioned factors will not only give you a lower lease price, but will also help you better understand the car leasing company contract.
Find car leasing companies offering the best lease deals by requesting a FREE Car quote. You will instantly find top lease offers, from local car leasing companies in -! No hassles, no worries, and there is no obligation to buy. Easily compare offers from local car leasing companies. Lease with confidence!
