Monday, January 19, 2015

Is It Possible to Get a Good Deal on a Lease?

All of us have daydreamed of driving out of the lot with a brand new car, but how many of us are able to do this? Unfortunately, purchasing a new car can be quite expensive, which is why leasing offers a special opportunity to get behind the wheel of a new car without taking out a loan. However, leasing isn't always the best option, depending on your circumstances. Therefore, before we discuss how to get a good deal on a lease, let's take a look at the optimal leasing customer:
Who Should Lease?
  • Someone who wants a new car but doesn't want the depreciation
  • Someone who doesn't have enough cash or wants a car that's above his or her pay grade
  • Someone who is meticulous about keeping the car in good condition
  • Someone who wants the highest level of technology at all times
  • Someone who won't log an extreme amount of miles driven per year
How Can You Get a Good Deal on a Lease?
Once you have determined that you are the type of person who would do better with leasing an automobile, it is time to find a leasing deal with favorable terms. In order to accomplish this, it will take some research and preparation.


First and foremost, you'll need to pick a car that matches your budget and needs. Make a list of several car types and models that fits your criteria. Once you come up with a list, it's time to research dealers in your area to see what offers are available. 
There are usually special lease deals available. For example, if you live in the Garden State, do a search on great car lease deals in NJ, and you're bound to find some special priced models, especially if the dealership is trying to move automobiles to make room for next year's models.
In addition to searching for deals, there are several tried and true ways to get the best deal on a lease. Remember to focus on the price of the car and not the monthly payments. Take a test drive and discuss any safety or performance features that are special with this model. Finally, remember to compare lease deals among several dealerships. You may be able to create more room for negotiation if you do.



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