There is a range of car leasing options, just different ways to lease another type of vehicle.
When you sit down and think about it, there are thousands of ways one could go when leasing a car, government-owned or privately. The more serious you are about car lease options, the less likely you will be to find a real treat for leasing the car of your dreams.
Time and time again, car dealers can be deceptive and make leaser pay a lot more upfront than they can get from the car leasing option they offer instead of the lease option they are trying to sell. One trick they are employing a lot more often than not is telling you that the option they have on your lease is the best lease option. The last thing they want you to know is that there are many, many more options that you can choose from when leasing a vehicle.
When shopping for car lease options, be very skeptical about lots of what leaser says they can do for you. It is good to read reviews on the vehicle you are trying to acquire to see what other customers have to say about their experience with the dealer. If you know that car leasing options are not being made clear to you or that measures aren’t being taken to give you what you truly want, you may want to walk away.
A single point needs to be made here for you to be happy with your car leasing options. In the long run, the auto manufacturer needs to have the incentive to keep people coming back. This is the bottom line for them. They want you to lease a car and then keep you using a completely new vehicle and improved it. They won’t do this unless they can fool you into how good the option is. The the2002 flexible lease is a good plan if you can do it. That is why you must find an auto lease plan that best suits your needs, what you want doing the lease, and what you need to protect your long-term financial picture.
When shopping for car lease options, you need to make sure you look at everything the dealer wants to get your business. They want to get you a great deal on the car but in creative ways. One of the techniques they use a lot is noticing that the leasing rate you are being offered is only for accelerated depreciation. This means that as soon as the car comes off your lease, you have to pay to get the car back and the extra miles to the dealer in the form of a handling fee you need to pay upfront. Most people do not realize this, so they end up lease knowing they are paying for more miles and never know they have been lied to again.
Another tactic that dealerships use a lot is the buyout clause. This clause makes it difficult for you to get out of the lease once the car is leased. In this clause, the dealer can buy the vehicle from you. This means that you give them an option to take the asset off of their books and give you free help. They will tell you that they love the purchase and promise to make sure it is Marketable at the end of the lease so you can get rid of the asset and take the equity and put it in the bank. They also might tell you that they will sell you an old used car and that you can get a loan to improve the vehicle. What they do is they add the option to buy back the asset at the end of the lease, and you get a car you never knew you already had. So at the end of the lease, you have someone else driving your asset that you never got to go, which is a massive loss of money for them and you. If you know you were lied to if you didn’t understand the plan. Lawsuits are a possibility.
The last and final thing I want to discuss car leasing options is the “balloon payment.” When you lease, you need to know the exact cost to buy the car at the end of the lease. Some dealerships advertise the lowest monthly payments, but they don’t tell you how much it will cost you to buy the car if you end up paying for a longer-term. They use it as a marketing tactic to get you to sign up for a lease with them, and then they hit you with an enormous balloon payment at the end of the lease. They may also say they pay this lower monthly payment discounted for the longer term. They use a bunch of small print where you can lose hundreds of dollars if you miss one payment or one other payment, and you end up having to continue on the lease for a longer-term.