To many of us, the norm of finding the best car lease deal with the right monthly payment is nothing but a difficult and laborious process. Generally there are five ways for us to start hunting for the Best Car Lease Deal!
1) Negotiate A Lease Deal at your Local Dealer
Go to your favorite dealer and start the negotiation of a car lease deal with a sales rep beginning with the purchase price of the car then the monthly payment. Before we do that, we could use reliable websites like edumnds.com to find out about new car pricing and Manufacturer’s Suggested Retail Price – MSRP. Then we need to find out about Capitalized Cost and Invoice Price. Next we need to understand to negotiate the lowest Capitalized Cost possible, keep the Residual Value high to lower the monthly payment, understand what Money Factor equals to Interest Rate after using some Money Factor calculate we find online and lastly, choose the Lease Term that works to our best benefit.
2) Get a Car Lease Quote from the Dealer via Email
Take advantage of the internet by emailing the internet fleet manager of your favorite dealerships regarding lease offers. Tell them the make and model you want of your desire lease vehicle, wait for their quotes and start your comparison of all the available lease deals you get from the dealers. Pick the dealership that offers the most competitive offer and start the negotiating the terms of the Lease Deal. Generally, the price quote from the internet fleet manager are more competitive which should get us a better place to start the negotiation. You can also use the lease quote from internet fleet manager to bargain with another local dealership to maximize your advantages.
3) Find out Car Lease Deals Specials in Sunday Papers
Read the ads in the Sunday papers for available lease specials for the day or the week. Most of those lease deals are only valid for a short period of time and limited supply. However, competitors usually price match to other dealers if you present a copy of the ad.
4) Get Lease Quote from Websites Offer Lease Programs
Use websites and advertisements that claim to offer the best car lease programs. They ask shoppers for personal information so they can provide further info of the lease deals. Your information will be passed to several local dealers and they will contact you to arrange a visit to the dealerships.
5) Use Websites to Compare Car Lease Deals
Use websites that allow car lease shoppers to compare available lease deals in terms of monthly payment, down payment, and lease length for their favorite vehicle from various dealers. This saves time for the car shoppers who don’t want to deal with all the technical terms of car leasing negotiation and just want to proceed with the monthly payment that they feel the most comfortable with.