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Car Lease Ratings – How to Lease a Car – Best Car Lease Deals – Leasing Reviews
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Car Lease Ratings – How to Lease a Car – Best Car Lease Deals – Leasing Reviews
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Monthly Car Lease would really like to hear from you. Please email us at: info@monthlycarlease.com
To monthly car lease,
Will Mazda be running any better lease deals on cx7 in July? TIME SENSITIVE
Mazda, Buick and a few other car companies have not released their July Lease Specials. The June CX7 lease for $239 a month and $3334 Down will end tomorrow, July 6th. Hold tight and I will see what they have for July on the Mazda CX7.
Isn't it odd that this site claims that Toyota and others haven't released new lease programs as of September 9th, when these details were listed on other sites on September 8th? Toyota.com, for example.
I checked Toyota's website from two different computers and two different IP Addresses before posting this information on September 8th and 9th.
The explanation for this probably has to do with different zip codes when you search for specials in your location. Thanks for the feedback. I'll remember to search from a couple of different zip codes before I conclude that the latest lease offers haven't been announced.
Thanks for writing,
Rob
Hi,
I am currently leasing a Saturn Aura 08 XE which will be done at the end of this year 12/2011. In regards to that I was wondering since Saturn doesn’t exist no more where would I turn it in? Would it be GM still? Also What cost factors would apply if I would try to get a different pre owned vehicle(purchase not lease) right now(11 payments left)
Thanks,
Daniel
Daniel,
Saturn is handled through GM and Chevrolet Dealers. For exact instructions on where to turn it in, just contact the finance company on your lease payment bill. They will instruct you as to where to turn in. If you have 11 payments left on your lease, you are probably upside down in equity. In other words, the payoff on your lease is probably greater than what the car is worth, so you will take a hit turning it in early. Your payment is usually roughly the same as the sum of its residual value plus the number of payments times your monthly payment. So, if you’re paying $300.00 a month and have 11 payments to go and your residual value is $12,000.. The Payoff is roughly $3300 + $12,000 = $15,300. There are lots of other considerations and factors that go into this. Simply, call the number on your bill and ask them how much you owe to payoff the car. It is very rare that you can turn in a car lease prematurely without owing a pretty good chunk of change to get out of the deal. If you put a large chunk of money down to get the lease that could make a difference. The leasing company will let you know how much you owe to get out of the lease. It’s probably somewhere close to the 11 payments remaining times your monthly payment.
Best of luck,
Rob
In the Feb leasing guide, did you include the 2011 Honda Accord Coupe? Seems like a pretty good deal and I’m a bit surprised that it didn’t make your list.
*also– Thanks for what you do! It helps a lot of people make better decisions about their leasing choices!
Thanks, Steve.
You’re absolutely right. The Accord Coupe is an excellent lease: $272.22 average payment with nothing down for 35 months. The Accord LX Coupe Retails for $24,330, giving you an LVR of 1.12%. I should have included this one for February, being that the Cadillac Coupe has such an attractive lease. Normally, Coupes don’t lease quite as well as Sedans. Probably because they are not as popular as sedans and therefore don’t carry quite as high of a residual value. I am working on a Coupe Car Lease article for my next installment. Thanks for writing.
Rob
Rob- Thanks for the quick reply!
Steve,
I think you have an informative site for people that are looking for a great auto deal. I’m currently leasing a BMW 335i convertible with a crazy high monthly number. Thankfully it’s only a 24 month lease and now I’m looking for a convertible (2 or 4 seat) that is a reasonable monthly payment with little money down. What are some of your recommendations?
Thanks,
Michael
A fantastic website. The monthly rankings are invaluable!
Just wanted to say>> ( Thank-you )..
You do a ‘Great-Job’, bring the ‘Buyer’ and ‘Lease ‘…Together..
I have Leased for 20 Years…for my oil company, wish you’d be around…
Thank-you, for your ‘Hard Work ‘, and ture Dedication, to both ends of the Transaction… Respectfully, Bob Ward
Just wanted to say>> ( Thank-you )..
You do a ‘Great-Job’, bringing the ‘Buyer’ and ‘Lease ‘…Together..
I have Leased for 20 Years…for my oil company, wish you’d beeen around…
Thank-you, for your ‘Hard Work ‘, and ture Dedication, to both ends of the Transaction… Respectfully, Bob Ward
SORRY, MY COMPUTER, KEY BOARD, IS GIVING ME A PROBLEM…LQQKED, GOT A FEW LETTERS, AND WELL>> YOU GOT IT…Thank-you:-(
Hi Rob,
I love the way you rate the lease deals – especially the LVR. Have you considered adding a cost per mile on your monthly lease deal chart?
Thank you,
Ricardo,
Cost-per-mile is an interesting idea. It would be a good way to penalize those leases with a 10,000 mile limit. Ultimately, the cost per mile would be more accurately figured after the lease is up and you know how many miles you’ve driven the car. I’ll have to think about that. Thanks for writing,
Rob
Have you considered signups for an email newsletter or alerts when you add new info to your site? I don’t want to miss a great opportunity if I forget to check in for a while.
Thank you,
Hello,
Is it possible for me to lease a car for one year? I am an international student who dont hv a social..
Thanks.
Amy,
You cannot get a 12-Month lease term on a new car, however, you can take over someone else’s lease. Find someone who doesn’t want to keep the car for their last year of the lease.
There a couple or more services find people for you who are looking to get out of a car lease. Check them out here:
Getting out of a Car Lease