Tips for Leasing a Car

Answer 1

If you have never leased a vehicle before, doing so can seem like a daunting task. However, the process of entering into a car lease is really not that difficult. There are just a few tips you should know before you go to the dealership.

Do Your Homework

Before you speak with a salesperson, ride through car lots to see which cars you might be interested in leasing. Then, visit automobile websites online to see which vehicles are offering attractive car lease deals. You might find that a particular automobile is offering a special deal for leasing a specific car. You can get a great, low monthly payment this way. Some companies offer 0% down when you lease or charge you nothing for your first month's payment. New deals happen all of the time, so watch for these sales.

Ask Questions

If you were buying a car, you know which questions you would ask. However, if you lease a car, you might not know what you should ask. Find out if there is a limitation on how many miles you can drive before your lease ends. What happens if you go over the set amount of miles? If there is a fee, find out how much it is. Ask questions about how you return the car at the end of the lease, what will happen if you want to get out of the lease early, and if you have the option of buying the car when the lease ends. It is also helpful to know what happens if the car is involved in an accident.

Consider Money Issues

Don't forget to ask financial questions. You will need to know if you qualify for special financing if you lease a car, or how you can finance the lease if you aren't sure. You should also call your insurance company prior to leasing a car to find out how the car lease will affect your insurance payments.

Doing your own research will help you make a good car lease decision. Ask questions to help you feel comfortable about your lease.