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Both car manufacturers and car dealers occasionally offer lease specials on certain makes and models of cars. If you are willing to lease one of the cars offered on the special then you can lease a car for a good bit less than during the typical lease.

Talk to three or four dealers and get quotes from all of them. Make sure you ask that their quote covers all fees including the actual lease fee, taxes, other fees etc. Then compare your overall monthly payments before choosing a dealer to work with. In order to make sure you are getting a good lease rate on your vehicle, you need to know the true market value of the car you are considering leasing.

Car dealerships may try and use the price they are selling the car for rather than the actual value which on a new car may be lower that what the car is being sold for.


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Some vehicles have higher residual values than others This means that some cars will be worth more after the lease expires. Look for those vehicles with a higher residual value because your overall payments will be less. When you sign a leasing contract you are given a set number of miles you can drive the car each year.

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You need to keep to that mileage to prevent large additional charges you will have to pay when the lease expires. If you know at the time of lease you will need to put additional mileage on the leased car each year then talk to the leasing agent and get a higher mileage limit. While your lease will require to maintain full insurance on the vehicle you are leasing, that insurance may not cover the entire cost of the car should the car be stolen, totally vandalized or involved in a serious accident.

GAP insurance will make up the difference between what the insurance company values the car and the actual cost. If you follow these 7 tips you are more likely to get a great deal on a leased car and help keep your monthly payments down without any surprised cost at the end of your lease. Woodbury as well as Woodmere, NY.

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