Leasing your new luxury auto is now easier than you ever thought. TopCarLeaseDeals.com is here to fully educate you in luxury auto leasing, to help you sharpen your negotiation skills, and to show you exactly where to look for amazingly low luxury lease prices.
Learning New Car Leasing Tricks
Understanding leasing is quite simple. Leasing is an alternate way of driving a vehicle. It provides less commitment and lower prices than when you purchase a new luxury auto.
Imagine you are in the market for a brand new BMW 3-Series. The price tag for this vehicle starts at around $32,000. If you were planning on buying the 3-Series then you would arrange for financing and over the course of the following years you would be making monthly payments that add up towards the final amount of $32,000. Once you reach that amount, the BMW 3-Series belongs to you. People who buy their new car or truck usually commit to owning it for at least 8 years.
If you lease the BMW 3-Series, however, you are only committing to it for 24 to 36 months. On top of that, all you pay is the difference between the $32,000 price tag and the resale value of the 3-Series when you return it to the BMW dealership. Say the vehicle’s resale value is $27,000 after 3 years of leasing it. It depreciated $5,000 and that is how much you will need to pay during your lease along with taxes and fees. After the 36 month lease term you are free to turn the BMW 3-Series in and lease a brand new car or truck.
Negotiating & Lease Pricing Work Hand in Hand
The secret behind being able to negotiate for the lease prices that you want, is knowing the true value of the luxury vehicle you are interested in leasing. Dealerships rely on unprepared and underprepared buyers; these buyers are easy to manipulate and you can get a larger profit out of them. If you believe the sticker prices dealerships set are the actual price of that vehicle, you will end up paying more for your luxury lease than you should. Do not let yourself get taken advantage of.
TopCarLeaseDeals.com offers free, no obligation lease price quotes for all luxury vehicles available in the car market. You will receive real time dealership pricing from multiple dealerships in your neighborhood, MSRP information, true dealer invoice information, and special leasing incentive information.
First, use the real time prices and the leasing incentive information to compare each dealership so you can locate where the lowest luxury lease prices and best deals are occurring. Then, use your knowledge of the MSRP and real dealer invoice price to your advantage during negotiations. Aim to pay close to these prices and you will end up saving thousands on your luxury lease!
