Archive for February, 2008

Car Leasing Secrets: Residual Values

The one of many car leasing secrets that you should come to understand is the importance of knowing lease-end residual values. These are used in calculating the monthly payments and are based on the difference of the residual value and the selling price of a leased car. To put it quite simply, the lease cost is much lower if the residual value is higher.

A residual value in all actuality is a percentage of the Manufacturers Suggested Retail Price (MSRP). These values reflect depreciation of vehicle values and are estimated based on all sorts of factors. These include the length of a lease, average mileage per year, the type of car and model, resale history, etc. It’s a value that represents a guesstimate based on all the data that is collected on a car lease. Know the residual value of your car and you should have no trouble making your own calculations. This is one of the car leasing secrets you can stand to use in any showroom the next time you go out shopping.

Best Car Lease Deal: The Jag XF Introduction

With some of the best car lease deal offers coming fast in 2008, you just might be one of the many who is looking into investing in a luxury vehicle like the Mercedes, the BMW, or, in this case, the Jag XF. The XF is now available to the public and just might be the best car lease deal of luxury cars since its predecessor. But the question is if the Jag XF can actually go head to head with the big boys in executive driving.

Various road tests have placed the Jaguar XF in very high statistics positions which could mean better sales of the car in 2008. The year marks the brands 80th year in Coventry where the Jaguar hails from, and is surprisingly not even built in that immediate area in recent years. However, its strong presence is still quite apparent around the UK area.

This is where it might get tough for the Jaguar as there is more favor for the Mercedes and BMW in the North American market. It’s no secret that Jaguars are not built for high volume sales and the company’s future is highly uncertain. The XF is quite an important addition to the company as it has been specifically designed to be a little more affordable and definitely something that will represent the life and excitement of Jaguar in modern times. Of course, this doesn’t mean that "more affordable" means "better than the rest" when it comes to choosing the best car lease deal. But it does mean that the Jag XF is cheaper than the BMW 525d and the Mercedes E280 CDI. As far as a best car lease deal goes, this is good new for both the company and a potentially huge market in the luxury cars bracket.

What Our customers are saying

The lease rate I got by calling the dealer was $67 higher than the rate I got from Car Leasing Secrets. It’s all about the local competition. So happy with my Benz!
 
Cristoph Wiese
Athens, GA
This is probably the easiest way to get quotes and compare them. I got one from each dealer in my city. One of them was surprisingly low. The quotes are free. No worries there.
Kristen Fletcher
Albany, NY
What a great way to shop around! I wanted a Corolla. There’s only one Toyota dealership in my city but I got a quote for a Honda Civic and decided to go with that one because I got such a good offer.
Mark Dolan
Missoula, MT