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Car Lease Overview (for new and used cars)
Leasing a New or Used Car needs significant consideration by the
purchaser, however the terms of the lease may vary greatly.
The three most important terms of any lease are:
The purchase price, residual value and interest rate or also called
money factor.
The purchase price should always be negotiated BEFORE the
lease is calculated.
The residual value is determined by the Residual Lease Guide
and then adjusted per the Lessors own guidelines and current mileage
on the proposed vehicle.
The interest rate or the Money Factor should be discussed
to assure the lowest rate possible. Interest rates on a lease
have more impact than a loan because the interest calculation is
based on a declining balance to residual, not to zero as in a conventional
loan.
The reasons to consider leasing a used car are typically:
1) Potentially Lower Payment than new model
2) Shorter Term (i.e. 12-35 months)
3) Lower Residual (This is only a positive if you plan on buying
the lease at the end of term).
Auto Lease-End Options Page
Terminate A Car Lease Early
Did you know it is possible to Terminate or a Car Lease Early? also
referred as early lease termination.
The process is also called a Lease Transfer, a site called
Tradealease.com gives you
a Fast and Friendly way to Get out of your Auto Lease prior to expiration
date. It is worth checking out! Click
Here to go to Tradealease
To check out examples of Inexpensive Short-Term Leased Vehicles
available, Click Here: Used
Car Leases
Save Thousands of Dollars
You Save Thousands in Down Payment money, as well as get Today's
Car at Yesterday's prices by Taking over Someone Else's Lease Payments.
Sellers: You Too Save Thousands by Getting out of a Lease
Early that would otherwise be Too Expensive to Terminate.
Click Here To See How.
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The ABC's of Leasing
Learn all the necessary Leasing Terms you need to know in this
section - APR to Residual Value, it is all right here.
Short Term Auto Lease and Car Leases
If you are in the market for a reliable vehicle for a short period
of time, then you need to Search the extensive Database at
Tradealease.com where you
will find incredible lease prices, Late Model, Low Mileage Sports
Cars, Luxury Sedans, SUV's of all Makes and Models. Our last
search showed several types of vehicles such as Audi, BMW, Ford,
Chevrolet, Mercedes, Pontiac, Toyota, Saab and Honda.
Used Car Value Links
Look up the retail or wholesale value of your used
automobile on the NADA
Site or on Kelley
Blue Book. These Sites also contain great new car and
used car pricing information.
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