Lease a new car for the lowest monthly payment. Find hidden ‘OverStock’ Lease specials from local dealers who need to clear their inventory!
Get a No-Obligation, Fast & Simple FREE New Car Quote.
It’s easy to compare offers. See the best possible lease deals for the car you want.
Hassle free. Haggle free. A totally free way to quickly find the cheapest cars to lease.
Understand Car Lease Terminology
- Car Leasing: Allows you to drive new cars you may otherwise not be able to afford. Instead of getting a bank loan, you can lease a car for a set period; usually 12 months or more. Then, when the lease period is over, simply return the car to the dealership. After 3 years cars generally depreciate by 50% of their original cost, this applies to buying or leasing.
- Purchase Option: The option to buy the vehicle you leased when your lease term is finished for a price already agreed upon with the dealership.
- Security Deposit: A deposit which is generally refundable and paid before leasing a car.
- Early Termination Fee: If you want to end your lease early you can do so by paying a termination fee. It is important to look at your lease agreement as it may be easier and/or cheaper to have someone else take over your lease.
Lease Take Over
If you only need a car for a short period of time, say 12-24 months, than taking over a pre-existing lease from someone else is an option. Keep in mind, though, if someone wants out of their lease, it’s likely because the monthly payment is very high (i.e. they can’t afford it); and/or they have gone over their allocated miles during the lease term. Be sure to read all the fine print. In most cases, a new lease is the best option.
Know Your Credit Score
Knowing your credit score gives you an upper hand when negotiating a lease agreement. The better your credit score, the lower your payments may be. Therefore, if you find you have a low credit score, it could be worth your work and time to improve it. For instance, getting a new phone contract and making payments on time can improve your score and, in turn, help you get a cheaper lease.
Find the Cheapest Cars to Lease Online
Why hassle with visiting several dealerships and comparing car quotes?
Request free no-obligation new car quotes. Not only does it save you time, but it can be a great negotiating tool. We will search our database for hidden lease specials. Oftentimes dealers may even match cheap quotes you have found elsewhere.
Buy the Car You Leased
At the end of the lease, you usually have the option to buy the car. You can negotiate a good price taking into account the depreciation of the car and the payments you’ve been making. This can be a good idea if there is damage to the car (which you are required to pay for when the lease ends), or you have significantly surpassed the mileage allowance. Buying the car will allow you to avoid steep penalty payments.
