Thursday, January 3, 2008

Leasing Discounts: Down Payment Info

Ever heard car dealers tell you how to get leasing discount by making the right down payments? Usually, the right down payment to them means that if you pay higher, you save less in the long run. Although a higher down payment does assure you that you will be paying less on the monthlies, this does not mean that you will be saving money or getting a discount. This only means that you are making more advanced payments on the monthlies and therefore it lowers your monthlies in the long run. This is one of the oldest tricks in the dealers' books that actually snag people especially when they hear the words "leasing discounts". Be wary of these deals and make sure to make all calculations before leasing a car to see if you actually do save money on a lease deal. It's pretty much decided, however, that the figures do not change at all.

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