Many people are uncertain as to whether it’s a better choice to lease a new car or buy it. One advice ‘expert’ will tell you one thing; while another will tell you something completely different. The thing is, both could be the right choice for you – finding the best possible deal will help you in making the decision that’s right for you.
If you choose to lease, the following tips will help you find the best new car lease deal in your area!
Lease Payments
Cheap monthly lease payments are one of the most treacherous leasing incentives for the consumer. Car dealers are experts in making even the worst lease terms sound like a deal – manipulating the numbers to make the lease payments look too good to be true. This kind of hocus-pocus oftentimes causes the consumer to pay more to lease a new car than it would have been to just buy it.
Instead of focusing on what you can afford to pay each month, figure out how much you’re willing to pay to use a new car. Now don’t tell the dealer how much you can afford and don’t talk about payments – until after you’ve agreed on the capitalized cost of the car you’re interested in.
Negotiating a Great Lease Deal
The first thing to do is determine the MSRP, as well as factory invoice price of the car you’re interested in. It’s important to know that the best deals will be those closer to factory invoice price and always lower than the MSRP. It’s even better if you can negotiate a price that’s below the factory invoice price.
Get in contact with numerous local dealerships and make them an offer that’s based on the factory invoice price. Then you can compare the responses you receive. You can use the competing offers to push the dealerships into lowering their prices, until you get the best new car lease deal. To save yourself time and money do all of the negotiating over the telephone or via email – stay in your comfort zone.
Once you’re sure you’ve negotiated the best deal, ask the dealer for an itemized list of all the leasing fees and costs. Do look over the numbers carefully to make sure they’re all reasonable.
Finding the Best New Car Lease Deal
Request a free lease price quote for the exact vehicle you want today. Learn the MSRP and actual factory invoice price, as well as current leasing specials and incentive offers.
Connect with local dealerships offering rock-bottom leasing deals. Choose which dealerships to negotiate with, knowing they are pre-qualified and accustomed to negotiating with educated consumers. Many of our dealerships prefer to deal with the prepared shoppers we connect them with.
Eliminate all of the stress from leasing a new car – you’ll save time and lots of money. Get started now.
