The first step in car leasing is not that hard to take. You just begin by finding a car that suits your needs and preferences and budget. Try to dig in more on the pricing of the model you have chosen by doing some research. Try to calculate the monthly payment for the car lease by using the tool Calculate Your Own Lease Payment or you can use the web site Bankrate.com. Bear in mind that you have to minimize the drive-off fees and that a three-year car lease term would be the best option. You have to decide on how long you are going to keep the car, and find out how much mileage would you be able to consume and compare that to what the car leasing company allows you for the car lease. You can also add to that information the charges for extra miles.
The next step to take would be to undergo phone brigade, asking around for prices. One useful tip in doing so would be to give them the specifics of the car lease you want. You can tell them that I want a price quote for this model including the drive-off fees for a three-year car lease term. Don’t forget to ask also to have the taxes included in the calculation. Try to delve further on peripheral issues like asking for the liability during accidents or loss of the vehicle, if there’s gap insurance and how much, and also ask about the depreciation of the car. Take note that gap insurance is usually included in the lease but not part of the car leasing company’s policy. The catch here is that if in case your car gets stolen and you don’t have this then you get to pay more than the amount of the car lease as a whole.
After they give the initial pricing, write it down. Call another company and ask the sme questions for you to have basis for comparison. Call the same car leasing company again and see if they have altered their initial pricing. Do so until you have enough information. Once you have chosen the car leasing company you want to lease from, ask them to send you the “lease worksheet,” which is the document containing all the numbers you have agreed upon. In this case, you have a record of your agreement and not just a verbal one.
These steps need to be taken with precaution and perseverance since you would be dealing with people who are aiming to close a deal with the best amount that would work to their advantage. So take a shot and brace yourself.
Sources:
http://www.edmunds.com http://www.ehow.com
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