Car Leasing Tips For The Best Car Lease Deal

Car Lease shopping could be a less intimating experience if you know what things to watch for and what questions to ask in order to get you the best car lease deals. Here are some tips for car lease shopping.

Before going to the dealer…

  • Be familiar with the options and the model of the car lease deals offer.
  • Get quotes from auto insurance company for your future leased car, so there is no surprise how much you will be paying for your newly lease vehicle.
  • If you have valid auto insurance, ask your insurance company if your package covers the future lease car for a temporary period until you get its own insurance. Dealers won’t let you drive the car off the lot if you don’t have insurance.
  • Compare lease prices from multiple dealers of the car you want to lease
  • Shop car leases using sites like to gain better ground to negotiate with the dealer.
  • While comparing car lease deals, pay attention to monthly payment, lease length, down payment, mileage limit and cost per mile after the mileage limit.
  • Normal mileage limit is around 10,000 miles to 12,000 miles per year. You could pay a little more in advance to get a higher limit to 15,000 miles per year.
  • Pay attention to what it includes in downpayment: 1st month payment, capitalized cost reduction, acquisition fee, security deposit.
  • Know your credit score, good credit score could be a requirement to qualify some good lease deals.

While shopping car lease at the dealer…

  • Ask about warranty: what it covers, how long it lasts. MINI and BMW offer warranty which covers annual maintenance, brakes replacement.
  • Do not lease the vehicle for longer than the warranty period because you’d want to take the full advantage of not paying for maintenance of your lease vehicle.
  • Check for Return Fee in the lease.
  • Dealers offer many plans or program such as paint protection, tire protection, body damages or security system like lo-jack or Phantom, etc and claim to protect the value of your leased car. Some plans do provide good values; it is up to you to decide if they suit you. But if the lease contract requires a return fee, do check with the dealer to see if it covers any of the body damage/dent so you would not have to pay additional for those plans/services.
  • If you decide to purchase additional plans or programs, it is advised that you pay them off by including in your down payment. Otherwise, the dealers will add them to the total lease amount and increase your monthly payment.

After leasing the car…

  • Buy GAP insurance. GAP stands for Guaranteed Auto Protection. The cost is relatively low for what it covers. It insures you for the difference between your loan amount on the car and the actual market value of the car; if you totaled your car in an accident and you would receive market value of your car which was generally 20-30% lower than the loan of your leased vehicle. In another word, you lost your newly leased car and you would still be paying your monthly payment until you pay it off. GAP insurance will solve that problem.
  • Take good care of your car to avoid additional charges when return the lease vehicle.

Good luck on shopping the best car lease deal.

Save Time and Get the Best Car Insurance Quotes

It would be safe to say everyone of us wants the best car insurance quotes. However, the thought of having to search and search for them is off putting. We also don’t like the idea of having to speak to a lot of people by telling the same story over and over and over. The whole structure of getting quotes has changed and this is all thanks to technology. All you have to do is use the internet as a tool and you will find the best. There are websites that have been designed to find the quotes that are suited to your requirements.

You already know how fast the internet is and it makes sense to use it to save time. There are many reasons why you would want to save time. The most important reason would be that you can’t drive until you are insured. Not being able to drive has a stressful impact on the modern lifestyle and could even lead to problems with your employer or the kids having to skip school. All this is pretty serious and can be avoided by finding the best car insurance quotes quickly.

When you use a site specially set up to provide an online quote service you will be given a list of insurance quotes to compare. All it takes is a few minutes for you to get the list. There is no need for you to search any further for insurance companies. If your requirements are straightforward you can apply for a specific prearranged policy online. If you have special needs then you may have to iron out a few details before giving your approval. The main point is that you get what you want in a very short time.

Getting the best car insurance quotes is the most reliable means of finding a policy with a reputable insurance company.