Some Guidelines To Lease A New Car Model

By Author: Leroy Batard
Total Articles: 76
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For instance, you might not understand all of the terms or be confused by the way to find a vehicle that is suited to your needs and then signing a leasing deal. Or you may not have a clear idea about all of the leasing options that are currently on offer.

Therefore, if the above sounds a little familiar and you need to figure out how to find the right car then here's some advice to help you with your decision.

1) Firstly, you should research leasing and get prepared. What this means is that you should make the decision as to whether leasing is the best option for you not just in your current circumstances but in the future too. Then once you have made a choice you should find out more about the car you want to hire. Take extra time to determine exactly what features you are interested in from a car, such as: interiors, colour, seats, body shape, doors and whether the car will suit your driving style and needs.

2) Then, you need to become up to date with the leasing jargon so that you won't become confused with terms, such as capitalised cost (price of the car), money factor (interest formula) and residual ...
... value (the cost of the car at the end of the leasing term). Then you should determine an approximate value of the monthly payments, which you can afford or would like to pay. All of this data can be easily found on the web and if you are leasing from a website then read through the site before you agree on your car and drive off the forecourt.

3) However, do not take monthly payments at face value as they are not as important as you may think. What I mean to say is that the monthly leasing fee is not always a good guide to value, because lower monthly fees usually mean you may have to hire the vehicle for a longer length of time. If you decide to work out the total leasing costs over the term it could turn out to be the same amount, so take the figures with a pinch of salt. So even if the car leasing company offers vehicles at a figure that seems high then you need to consider what else they may be providing you with.

4) If there is any money saving offers available then you should take advantage of them. If you take the time to do this then you will be able to lower the overall fees of the model, as well as the leasing fee per month. Determine if there are any promotions available at the moment and which leasing companies they are with. You should research the market and work out whether a manufacturer or a particular model is cheaper at the moment. For example, compared to other models some Seat leasing deals are quite reasonable at the moment.

5) While you are on your test drive have a good idea of what you need from a car. You need to be objective and not get wowed by the first car that you are trying out or the latest beemer on the car lot. It may be a better idea to identity specific features that you want from your leased vehicle and then only agree to a deal for a vehicle that has those features.

If you follow these five tips choosing the right leased vehicle should be really simple and you can then go and find the most suitable car for your lifestyle, whatever the model.