Car Lease Taxes and Fees in Florida Leasing a car involves various taxes and fees, and these can vary by state. In Florida, as of September 2021, here are some general aspects regarding taxes and fees when leasing a car: ### Taxes: 1. **Sales Tax:** – Florida imposes a state sales tax on car leases, which, as of the last data, is 6%. However, local jurisdictions (counties) can impose additional sales taxes, which can make … Read More

Car Lease Taxes and Fees in Texas 1. **Motor Vehicle Sales and Use Tax**: When you lease a vehicle in Texas, the total amount that the lease is worth (the sum of all your lease payments over the lease term) is subject to the Motor Vehicle Sales and Use Tax. As of my last update, this tax rate is 6.25% of the vehicle’s sale price or the total amount of the lease payments, whichever is … Read More

Latest Technology: A brand new car comes equipped with the latest technology and safety features. Warranty: New cars come with a manufacturer’s warranty which covers most repairs and maintenance for a certain period of time. Reliability: New cars have a lower probability of breaking down and are generally more reliable than used cars. Customization: You can choose the color, options, and accessories you want on a new car. Leasing: Low monthly payments with leasing is … Read More

When deciding whether to lease or buy a car, with the primary objective of having the lowest monthly payment, you should consider the following factors: Length of ownership: Leasing typically requires lower monthly payments, but you will not own the car at the end of the lease period. If you plan to keep the car for a longer period of time, purchasing may be a better option. Maintenance costs: Leasing often includes maintenance costs, whereas … Read More

To get the best car leasing deals, you can follow these steps: Determine your budget: Know how much you can afford to spend on a monthly car payment and stick to it. Research different models: Look at different car models that fit within your budget and determine which ones you are interested in. Compare leasing options: Shop around and compare leasing deals from different dealerships and leasing companies to find the best one. Negotiate the … Read More

Used Car Prices and What You Can Do About It As this is being written, the world of used car (and new car) buying has been turned upside down. Prices are at record high levels, increasing rapidly over only a relatively short time. So why the unprecedented rise in used car prices? The short answer, as you might expect, is, “It’s the worldwide COVID-19 pandemic.” While the answer is correct, it is more complicated. The end-result … Read More

How Much Will Car Lease Payments Be if I Only Know the Price of the Car? If you’ve read some of the articles here on LeaseGuide.com, you know that car lease payments depend not only on price but on several other factors as well. However, price is the major and most important factor. Clearly, if you know, or can guess, the other factors, you can use our Lease Payment Calculator to determine your monthly lease … Read More

Can’t Afford Your Car Loan or Lease? Behind on Payments? What are Your Options? Missed car payments or danger of repossession? What you can do when you can no longer afford your car loan or lease? In a tough economy, it is often a struggle to make car payments. Many people find themselves in a situation in which they are behind on car payments and can no longer afford their car — or can’t afford … Read More

Car pricing services are a great way to get ready-made new-car deals without all the stress and uncertainty of long negotiations with tireless car dealer salespeople.  Of course, we recommend our own LeaseGuide New Car Deal Finder. Get multiple price quotes to make sure you’re getting the best deal. How it works Understand that these services don’t actually sell cars. Only licensed car dealers can do that. What they do is work with such dealers nationwide to … Read More

Car price is important in both buying and leasing In order to understand what price you might expect to pay for your next car, you must first understand how new car pricing really works. As you know, pricing is very important whether you lease or buy. Different customers can pay widely different prices — for the same car, at the same dealer, on the same day — depending on each customer’s knowledge of how car … Read More

Lease a Truck – Pros and Cons Should you lease your new truck — or buy? Why? Trucks are leased for both personal use and commercial (business) use. There are significant differences in how each type of lease works. One of the advantages of truck leasing is that trucks generally have high future resale values. This translates to higher lease-end residual values, which in turn translates to lower monthly lease payments. Personal truck leasing If … Read More

Left-Over Cars for Great Deals Buy last year’s left-over new cars for the best bargains Every year, as new car models arrive, car manufacturers and dealers are frequently stuck with many previous-year’s vehicles. These must be sold to make room for the newer vehicles. This leads to some of the best deals of the year — cash-back rebates, lease deals, and other incentives — on “left-over” new cars. Dealers hold “clearance sales” to promote these deals. All the cars … Read More

How to Get The Best New Car Deals – Lease or Buy Having great negotiation skills has always been important in getting good new-car deals. But in the new economy, hard bargaining and negotiating with dealers is less necessary and oftentimes not required at all. It’s not because dealers are getting soft or are any easier to roll over. And it’s not because customers are more savvy than in the past. They are, but these … Read More

How to Successfully Negotiate a Car Deal Many people absolutely hate the process of buying a car — because they feel they don’t know how to skillfully negotiate with experienced dealers sales people. The key to successful negotiating is doing the following five things that put you in control, not the sales person. 1. Know Your Numbers Whether you are buying a brand new car or a previously owned car, you should know prices before beginning your … Read More

Over Miles on Car Lease – What to Do If you are exceeding the mileage allowance on your car lease, you have options Many people who lease cars, find themselves exceeding their mileage limit — or maybe don’t discover it until lease-end when they return the car to the lease company. There are a number of options that can be taken if this situation occurs. First, let’s understand why leases have mileage limitations. Cars depreciate … Read More

How do you tell a good car lease deal from a bad one? Leases nearly always seem be great deals — because monthly payments are so much lower than loan payments for the same car. But that is not the best way to evaluate a lease. In fact, simply comparing lease payments to loan payments can be deceiving and can lure unknowing consumers into accepting a poor lease deal. If you’ve read our Lease Guide you know that … Read More

Why Lease a Corvette? The Chevrolet Corvette has always been America’s sport car but relatively high prices keep them out of the hands of the average automotive consumer. With base prices from $55,500 to over $110,000, loan payments can be well over the $2000 a month mark. Affordability can be a real issue for those who would like to drive the “real American sports car.” Corvette is an ideal lease vehicle for a number of … Read More