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The following article was published in our article directory on February 14, 2012.
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Article Category: Automotive
Author Name: chickie maxwell
To get a good deal in your car lease, you should think of strategies to achieve this. Even if you give a lower down payment than what is actually promoted by the car dealership or leasing agency, with these strategies, you will save more money. In this article are a few tactics you may find helpful to save money on a lease.
You should compare the car lease offers you receive from the online dealers. You can also go the websites of manufacturers and see current offers for leasing. various manufacturers usually offer different mileage, down payment and terms, therefore take note of these. Remember that leasing terms are flexible. You can make any changes when it comes to mileage allowance and terms so as to suit your driving needs.
You can go to the websites of car manufacturers, key in your zip code and you will be taken to the websites of their car dealerships. These dealers have different discounts and promos that are exclusive from the discounts and promos of the manufacturer. Such online car dealerships have employees whose role is to discuss car lease deals with customers via email, chat or phone. Usually, better pricing is offered through email. Know more about pricing before you make a fair deal.
Lease payments advertised indicate thousands of dollars in down payment as well as taxes and fees. You should bargain for the smallest down payment even if this will raise your monthly fees. Meanwhile, get your car a full-coverage insurance policy. When your car becomes damaged or is stolen during the leasing period, its market value will not be given to you but to the leasing bank or company. If you pay the entire lease cost immediately, you will still not be refunded . Therefore do not pay a huge down payment so that the possibility of probable loss is reduced.
Throughout the lease period, maintain and preserve your car in excellent condition. If it incurs damage, immediately repair it. If you return the car to the leasing company with the damage, you will be charged for the loss of value. Remember to maintain a superior credit standing by preserving your leased car. If you have gone above the leasing mileage during the contract period, you can stay away from penalties by transferring to another person your lease.
Another thing to remember is to never place stickers on your car or change it in any way. If your car sustains damage to its body, utilize your car insurance premium to pay for this. If minor repairs are needed, pay for them from your own pockets. This will be a lot cheaper than making the bank charge you for damages.
Many people go for a car lease than purchasing a car entirely as they find this more practical and cost-saving. Should they want to own the car in the end, they can always have a buyout option. Consider a car lease if you have limited funds and if you do not really want to own the car forever.
Keywords: car lease
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