Negotiate a Car Lease
Are you thinking about leasing a car for the first time? One thing to remember:
Leasing is a negotiable sales transaction; just as is a car purchase. These days, most car leases are closed-end leases. If you are sure that you will drive the car within your agreed upon mileage (usually between 10,000 and 12,000 miles per year), the risks in leasing are no different than buying a car with a loan. The goal is simple: Get the car you want at the lowest possibly monthly payment, with little or nothing down. There are several financial factors that go into calculating a lease payment, but really, there are only three things that you will need to know to negotiate a good car lease deal. Read the rest of this entry »
