Monthly Car Lease

Car Lease Ratings, Offers and Reviews

Archive for category Car Leasing

Hyundai Car Lease Specials

Apr 26

Posted by Rob in Car Leasing, Featured Car Lease | No Comments

Hyundai Elantra Lease

Hyundai Elantra Lease Offer

Spring is car buying season and Hyundai is back in the game with some pretty, darn sweet lease deals. Not too long ago, I leased a 2008 Hyundai Veracruz SE for just $399.00 a month for 24 months.  I am proud to say that this is one of the most enjoyable, best darn cars I've ever driven. I'm sorry that the lease only lasted two years. In fact, because of the remorse I had turning my Hyundai Veracruz in so early, I don't recommend an auto lease term less than 36 months. If the goal is to finance a car you're really excited about, do you really expect that excitement to go away after just two years? Maybe 24-month car lease terms are good for those situations when you lease something that is just a little bit risky, or the monthly payment is just so darn low that you can't resist taking the offer. But, in most cases, two years is not even long enough for that new-car-smell to disappear.  Isn't it that new car smell that attracts you to a new car in the first place?

The good news is this: Hyundai is offering 36 month (3-Year) car lease terms on six of its most popular selling models: The Sonata, Elantra, Veracruz, Tucson, Genisys Coupes and Sedans. These are beautiful and practical cars with 60-month warranties. Now, is the time to get in on the action of a car that is not only practical but fun. Shortly after I leased my Veracruz, I went back to my local Hyundai dealer to find a practical, gas saving sedan to replace my $190 a month Pontiac G6 payment. Unfortunately, Hyundai was not offering a lease at the time on it's Elantras. I test-drove one of these great cars and was really impressed with the ride, features and overall comfort. Now, you can lease a brand-new, 2010 Hyundai Elantra Automatic for just $159.00 a month and $1,999 down, including first month's payment. As the low LVR of just 1.19% shows, this is a great car lease deal and wins top honors among these six Hyundai Car Lease offers. Both Honda and Toyota have introduced even lower average monthly lease payments, but do they come with a 60-month warranty and do they provide 26/34MPG Fuel Economy? If you spend your time 50/50 between city and highway driving, you can expect to average 30MPG in a Hyundai Elantra and you will never feel as though you are making a sacrifice to do it. The Elantra is a very comfortable, substantial feeling car, both on and off the highway. Read the rest of this entry »

Tags: ,

Car Finance Deals

Apr 8

Posted by Rob in Car Leasing | No Comments

60 Months No Interest

No-Interest Car Finance Deals

With so many of the popular car makers offering 0% financing for up to 60 and 72 months, the best Car Finance Deals no longer have to be leases.  In fact, the best car loans this month are giving the monthly lease specials a run for their money. As long as this trend of long-term, 0%-APR loans are available, we will continue to publish these 0% APR Car Loans along with our Monthly Lease Specials. After all, it's all part of the same goal: to provide you with information on the very best Car Finance Deals.

I often visit and interact on the commentary sections of various car blogging sites. I am sometimes amazed at some of the negative things I hear from potential car buyers about car financing; whether it’s leasing and purchasing loans. One gentleman told me that he would never borrow money for a car because it depreciates. My reply was that this is exactly why we should borrow money to buy cars.  At 60, 48 or even 36 months with no interest, the cash you save can be earning 1-2% in your bank account.  What's even more important is that you are spreading out your risk over the depreciation period of the car. If you lose your job you're risk is a $200-$750 monthly car loan payment instead of $20,000 - $50,000 of cash that you already plunked down on a car that is worth 30%-40% less than what you paid for it. Read the rest of this entry »

Tags: ,

Best Car Leases in April 2010

Apr 1

Posted by Rob in Car Leasing | No Comments

April Car Lease Special

$199.00 a Month

For the April 2010 Car Lease Specials we have a couple of firsts:

  • First time one auto maker has dominated the top-5. Toyota models have placed a perfect trifecta with the Rav4, Camry and Corolla, placing 1, 2 and 3
  • First time we've seen an LVR below 1%. Since, Monthly Car Lease and Product Review Ratings started presenting these monthly lease specials, no car has ever had an LVR (Lease Value Ratio) below 1%. The RAV4's .96 LVR makes it the best lease value we've seen since publishing these Car Lease Ratings on a monthly basis back in December of 2008. Read the rest of this entry »

Tags: ,

0 APR Car Deals

Mar 25

Posted by Rob in Car Leasing | No Comments

Lease or Buy at 0% APR?

0-APR Purchase

0-Down-Ford-Purchase

Earlier this month, while wishfully hunting for Ford Car Lease offers, I found some tremendous deals; not car lease offers, but 0 Loan Deals. A 0-Loan simply means that you can buy the car on a 0% interest rate loan for 36, 48 or 60 months. Is there a catch? Yes, but it is no different than it is with car leasing; you must have decent credit in order to take advantage of this desirable financing. Buying a car on a 0% APR can save you one hundred dollars or more on your monthly car payment and thousands of dollars on your total cost over the life of the loan. For example, a $30,000 Ford Escape at 6% interest for 60 months will yield you a monthly payment of $580. That same $30,000 SUV will cost you only $500 a month at 0% interest. That's a total savings of $4,800 ($80.00 x $60.00) The more expensive the car obviously, the greater the savings. It used to be rare to get a 0% Loan on the longer term 48 and 60 month terms, but Ford is doing it with a large number of their models. As to the question whether or not it is better to lease or buy a car on a 0-Loan, the answer depends on one thing: That you choose a car that leases extremely well. There are $30,000 SUVs out there by Toyota, Honda, Acura and Nissan that you can lease for under $400.00 a month. That's a $180 a month savings and if you don't wish to drive it longer than 2 or 3 years, you are still going to be paying less money than you did on the $580, 0-% Car Loan after 3, 4 and 5 years. Of course, if you keep your $30,000 Ford Escape, you will be able to sell it for at least $10,000, so you will still come away with more cash in the long term, though you will no longer have a new car. The longer you keep your car, the greater your savings; that is, if you have no unusual maintenance expenses. A 0 APR Car Deal is certainly a competitive alternative to Car Leasing. When you are not having to pay any interest, it is certainly more tempting to go for the long, 60-month term in order to lower your monthly cost. Why not borrow at no interest for as long as you can?  Ford will extend your financing up to 72 months, with only a slight .9 to 1.9% Interest Rate hike. Though, you will technically be paying some interest on a 72 month loan, it will still lower your payment over the 0% 60-month loan. Read the rest of this entry »

Tags: ,

Truck Lease Comparison

Mar 19

Posted by Rob in Car Leasing, Featured Car Lease, Lease Comparison, Monthly Car Lease Offers | 1 Comment

Toyota Tundrea Lease Special

Toyota-Tundra-Lease-Special

With gas prices remaining fairly high in this eco-minded economy, there is just not too much in the way of Truck Lease offers. The essential ingredient that goes into the financial success of a lease is residual value.  Due to the fact that trucks (particularly 4x4s), get poorer fuel economy than cars, the demand has declined slightly vs. more fuel efficient cars. Lower demand means lower resale values, particularly with American cars and trucks. I was unable to find any Truck Leasing offers from GM, Ford or Dodge. How frustrating that you can't lease a popular Ford, Chevy or Dodge truck. Dodge has over a dozen incentives on their Dakota and Ram trucks but every single one of them are for cash allowances on purchases rather than a low monthly lease payment. Why can't they turn that cash rebate money into a lease? Fortunately, I was able to find a handful of reasonable Truck Leasing Offers for this spring: The Toyota Tundra 2x2 and 4x4; the Nissan Frontier and the Honda Ridgeline. Okay, maybe the Honday Ridgeline is not necessarily a truck, but when you have so few choices, you have to make do! Surprisingly, both the Toyota Tundra 2x2 and 4x4 make pretty good lease deals. Pay $2299 or $2699 down and lease them for just $329 or $359 a month. The lease value ratio is 1.24 and 1.26, respectively.  The Nissan Frontier gives you a little bit less truck for your monthly payment than the Toyotas, but it's still not a bad deal. The Honda Ridgeline doesn't look nearly so good value-wise, but when you consider there is nothing to put down; $460 a month for a 3-year lease seems reasonable. Read the rest of this entry »

Tags: , ,