Articles

Lease Luxury Car – Make Income Online It’s a fact that high-end luxury vehicles and expensive sports cars are leased more often than purchased. Why is that? Contrary to some thinking, it’s not an affordability issue. It’s not that the “buyers” can’t afford to pay cash or make high monthly loan payments. Quite the contrary. Most expensive cars are leased by people who have money but prefer to lease because it’s convenient, doesn’t tie up … Read More

Purchase Your Leased Vehicle? Good Idea or Not? All consumer car lease contracts provide an option to purchase at the end of the lease. Purchase price is set by the lease finance company company at the initiation of a lease. Although a car dealer prints the purchase price in the contract you sign, he simply obtains that value either electronically or from a data sheet provided by his lease company. Dealers have no authority to … Read More

The Quickest and Easiest Way to Build Your Credit Score This explains an exciting new way to boost your credit score just by using the bank accounts you already use to pay your bills. Experian Boost is a feature offered by Experian, one of the major credit reporting agencies, designed to help individuals improve their credit scores. This feature allows users to add additional payment histories to their credit files, which can potentially boost their … Read More

How to Return a Leased Car Many people are caught unprepared at the end of their car lease when they must return their vehicle. What do I need to do? Who do I contact? Where do I turn in the car? Can I return to a different dealer, in a different city, in a different state? What happens next? Does the lease company contact me? Do I owe money? What if I’m over mileage? Or have unrepaired … Read More

Calculating car lease payments and other related costs is not difficult if you know and understand the standard lease formula, and are willing to drag out the home calculator to do the math. However, it’s much easier and faster when you have a Lease Payment Calculator to do all the work for you. To use an online car leasing calculator you must be prepared with the following numbers: MSRP (sticker price) of vehicle Negotiated price of … 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

Ready-Made Lease Deals – No Negotiating, No Stress On this web site, we spend a lot of time discussing how to get the best car lease deals, how to negotiate with dealers, and how to determine which cars make the best leases. One of the things that automotive consumers hate most about buying or leasing a car is the time-consuming and stressful negotiations with a dealer salesperson. With all of that being said, there is a … Read More

Is car leasing some kind of scam or fraud? Short answer — no. For the most part, new-car dealers are not scammers or fraudsters but, in their zeal to move cars, they often are guilty of some fairly unethical practices that leasing consumers should be aware of and keep a watch out for. First, we should point out that leasing is a common financial practice that has been around since the birth of this country. … Read More

Whether car leasing is worth it depends on your individual circumstances, preferences, and financial situation. Here are some factors to consider: Advantages of Leasing a Car: Lower Monthly Payments: Generally, leasing a car offers lower monthly payments compared to buying a car with a loan. This is because you’re primarily paying for the vehicle’s depreciation during the lease term, not its full value. Drive Newer Cars More Often: Leasing allows you to drive a new … Read More

Yes, it is possible to trade a car that is being leased. This process is often referred to as a lease trade-in or lease buyout, and it allows you to replace your current leased vehicle with a new one before the lease term is over. Here’s how it typically works: 1. **Evaluate Your Current Lease**: First, review your existing lease agreement to understand the terms and conditions, including the remaining lease term, mileage limits, and … 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

How to Lease a Car Leasing a Car Explained This web site is one of the most popular automotive sites on the Internet, and the most popular for people looking for information and advice about how to lease a car. We have found that many people arriving here are looking for quick, easy to understand advice and information about how to lease a car — and not make mistakes — from an independent online source … Read More

Do you need good credit to lease a car? You must have good credit if you want to lease a car — usually better credit than if you were buying your car with a loan. Since leasing is often confused with renting, it’s a common misconception that leasing doesn’t require a credit check or a good credit score. Many car companies and banks lost money on car leasing in the last few years due to … Read More

Lease a Car With No Monthly Payment and Nothing Down Sounds too good to be true. Well it’s true but there’s a small catch. Isn’t there always a catch? Here’s How it Works When you lease a car, the monthly payments are lower than if you purchased the same car with a loan — because you’re only paying for the cars depreciation in value over the life of the lease, not the entire value . That’s … Read More

Which is Best — Special Lease, Rebate, or 0% APR Loan? New cars often come with multiple incentive offers from car companies When car manufacturers offer incentives on brand new cars, it often comes in multiple forms between which customers much choose since only one can be used. For example, rebates typically don’t apply to special leases because those leases usually include already discounted prices. And a rebate cannot be used if a low-interest or … Read More

Understand Car Lease Residual Value What are lease residuals and how to find them? Residual value (“residuals”), in car leasing, refers to the estimated — repeat, estimated — wholesale value of a leased vehicle at the end of the scheduled lease term. The longer the lease, the lower the residual value, as compared to the original MSRP sticker price. Residual values play a key part in the calculation of lease monthly payments since leases are … Read More

What is a Car Lease Return Inspection? How does a return inspection work? When you lease a car and decide that you will return it at lease-end, instead of buying it, the lease finance company will want the car inspected to determine if there is excessive mileage or wear-and-tear, or damages. If there is mileage or wear that is outside the specs stated in the lessee’s contract, the lessee will be billed later for those … Read More

Does Car Leasing Still Make Sense When Compared to Low-Payment Long-Term Loans? When considering whether to lease or buy a new car, cost comparison is a primary and important factor. In these articles, we often discuss the fact that leasing produces significantly lower monthly payments than buying with a loan, but we usually compare a typical 36 month lease with a 36 month loan for the same vehicle. This analysis shows that lease payments and … Read More

The Real Math of Lease vs Buy New car – financially, is it better to lease or buy? If asked whether it’s better to buy or lease a new car, many people would give answers such as, “leasing is like renting, you’ll have nothing to show for your money,” or “you throw your money away when you lease.” To some extent, those answers are correct, but it has less to do with leasing than with … Read More

Is leasing a good way to cover negative equity from a car loan? Car leasing is often used as a way of “hiding” or “covering up” or “rolling” negative equity from a car loan. When trading a car with an “upside down” auto loan, the amount of the loan not covered by the value of the car is called negative equity. Somehow, that amount has to be paid — either with a cash down payment … Read More

Can I lease a car if I have a upside down loan on my trade vehicle? Being upside down on a car loan means having no trade value to use in buying or leasing another car. In fact, it means you must somehow pay off the remainder of your loan after a dealer gives you credit for the value of your trade vehicle. Your options depend on just how much you are upside down — the … Read More

Why lease a luxury car? Luxury car leasing is different How is it different? It’s not that luxury cars are simply more expensive, or that the leasing process is different, but it’s different because the people doing the leasing are different from the average automotive  consumer. Many high-end automotive consumers have different priorities, different values, bigger bank accounts, different philosophies about money,  and prefer to transact business differently than less affluent people. As a result, … Read More

Why lease a Maserati?   The three most popular models of Maserati are the Ghibli, Gran Turismo, and Quattroporte, all of which are popular leases. These vehicles are leased more often than more common consumer vehicles because they are expensive to purchase and appeal to people who enjoy trading vehicles every couple of years. Leasing offers a good solution. Lease residual values (future resale values) are relatively high for most exotic cars such as Maserati, … Read More

Leasing in New York is Different To lease a car in the state of New York means being subject to a different sales tax structure than in most other state. Most states simply tax any down payment up front and then require that sales tax be applied to each monthly payment. Not so in New York. How sales tax is applied in New York In the Empire State, you pay sales tax up front in cash … Read More