Wednesday, December 10, 2014

No Fears on Your Next Car Lease Deal

Leasing a car can be an incredibly nerve-wracking and deflating experience. It's hard to know which car is best for you, how much it should cost, and whether you are getting a good deal or not. Fortunately, dealerships such as Gentilini Motors in South Jersey offer you a way to take the headache and buyer's remorse out of the entire process.

If you're looking for a new car to lease and don't know where to start, here are some tips that will help you find a good dealership like ours.


Decide what Kind of Car you Want

Before setting foot in any dealership, you'll want to make a decision about the type of car you are looking for. Create a budget and examine your lifestyle – these will help you determine whether a sporty and affordable compact or a heavy-duty truck would be more your speed.

Look at the Reviews and Retention Rates

One of the best ways to identify a good dealership is to look at customer reviews online and examine the retention rates for the brands that they sell. The reviews offer you firsthand insight into the buying experience and details about the customer service, allowing you to avoid wasting a trip. Retention rates help you to see how happy past customers have been with the vehicles of a particular manufacturer.

Check for Extras & Specials

Once you've located a dealership that you want to visit, check out their website for extras and specials. They will often advertise some of their best deals online, so take a good look at both the inventory and the sales (especially around holidays, when they often have some of their best promotions).

Ask about Residual Value

This is simply the amount of value your vehicle retains at the end of the lease. While this may not seem important if you are not intending to buy the car, it has a substantial impact on your payments. Essentially, you pay for the car value that you are using up, so if it is determined that you are using $10,000 worth, that is divided by 36 (in an average-length lease) and taxes and fees are added to create your monthly payment. Therefore, cars that retain their value longer will cost less during the lease. Call your dealership of choice and inquire about the residual value of the cars you are interested in. The average will be about 50%, so try to look for something a little above that, if possible.

Find a Dealership that Offers Low Interest Rates

Interest rates are one of the other flexible factors that will affect your monthly payment. Of course, this rate may be somewhat determined by your credit score; however, many good dealerships will offer competitive rates even if you don't have perfect credit, so look for these establishments.

These are just some of the most important things to consider when looking for car lease deals in NJ. The best dealerships will help you to find the exact car you want – no muss, no fuss!

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