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Archive for 2008

Car Leasing and the Environment

Did you know that CO2 emissions from cars are among the biggest contributors of the greenhouse effect?

According to J.D.Power, a market researcher, car buyers want to go green but not if it involves paying more. Even with the need and the desire to help the environment, many are hindered with the cost of going green and it’s quite apparent during this economically trying times.  Although there are a lot of environment friendly cars, these type of cars are not easily available for the majority of the populace since most of these hybrid cars belong in the elite group with an elite price. Whilst car leasing is a good route to take in reducing your CO2 emissions, only 11% is willing to take in the extra cost. According to the survey, only educated women would go for this kind of car; and why is that gentlemen?

Compared to car loans, car leasing are more affordable. Driving in expensive hybrid cars are an arm’s length away since you won’t be stuck paying the entire cost of the car. You can even sport a new green car every two to three years without having the burden of paying large loan amounts. Compared to the regular car that’s leased, car leasing an environment friendly car can, yes, still eat up a chunk of your budget. However if you have something to spare for the environment, give it to Mother Nature for the future of your children and mine.

When you do decide to venture into Car Leasing, you might also consider picking these models so as to help fight Global Warming and the ultimate degradation of our environment.

Environment Friendly Cars you might consider in Car Leasing :

  • Honda Civic GX
  • Toyota Prius
  • Honda Civic Hybrid
  • Smart Fortwo Convertible/Coupe
  • Toyota Yaris
  • Nissan Altima Hybrid
  • Toyota Corolla
  • Mini Cooper/ClubmanFord Focus
  • Toyota Camry Hybrid
  • Honda Civic
  • Honda Fit

Countries Interested in Car Leasing

With the worldwide crisis, car enthusiasts are looking into car leasing to concord for their rather expensive interest. Even with the news that the US car leasing industry lags down due to the slowing economy, still other regions all over the world have developed an interest over car leasing with UK taking the first spot.

Car Leasing

 Pakistan has the second highest query rate for car leasing. With the popularity of car leasing at Pakistan, the direct impact is evident on it’s increasing inflation rate. With the car leasing, the middle class also have the chance to sport a new car ever two years.

 

 As you can see the US’s interest over car leasing is only 15%. According to the Tennessee Journalist “When Ted Russell Ford turned down Harrison Pang’s leasing request for a 2009 Ford Focus, evidence of the lagging economy on the most profitable business in this country became readily apparent.”

 

Since I was quite interested to see what are the popular queries on car leasing were. I took the liberty on finding out what are the rising topics on car leasing in Google.

  1. Car Leasing Offers
  2. Car Leasing Deals
  3. Cheapest Car Leasing
  4. Audi Car Leasing
  5. Vauxhall Car Leasing

Interesting. Especially for Car leasing companies. ;)

 

Legendary Lies to Every Car Leasing Deal

Naivete is left only to those who lack experience and who have not seen the worst. Needless to say, in car leasing the naive will have himself buried in neck-deep monthly payments and additional charges. No amount of questions asked can compensate for a discerning, critical mind in evaluating a car lease deal. This is so because of the multitude of car lease dealers who ply the road clandestinely at night, peddling their wares of questionable value.

These peddlers we call car lease dealers usually have the most inane concept of a business deal, a.k.a. car lease. For those who are not aware of their existence, let me introduce to you their language. Car dealers usually have the sweet tongue to sweet-talk you into thinking the car you’re leasing is an affordable eye-candy. Here are some of their pick-up lines: (Reminder: Don’t believe them.)

“You can lease your car with no rate, yes, zero rate!” This might cause a fiasco when the lessee learns that the interest rates are embedded in the skyscraper-high sales price.

“Our car leasing rate is not influenced by a financed rate.” The truth is, the greater the financed rate, the greater was the leasing rate added.

“In car leasing, the credit extension rate is mandatory.” It’s another way of milking me pure with honey, Mr. Car Lease Dealer. Simply refuse it.

“Oh, we only take car leasing from our partner bank.” Get lost! You have to change your car leasing company right away! This might be a cartel or a syndicate group you’re going to deal with.

“You pay easily for 84 months for the car lease.” If you’re into financing your car in this manner, the amount you’ll be paying is equivalent to buying two cars.

Last Resort Can Be Best: Lease Trading

Plans change and circumstances are shaped by them. This applies to any situation, whether you’re about to go off with the man of your dreams to the Caribbean or simply getting rid of your leased car, which you might realize soon are more like the same.

To strategize is the name of the game; that’s why they came up with the word street-smart in Webster. You need that cause you sure would have to pay a hefty sum for early termination fee, if not.

So what will you resort to? It’s called lease trading. What you’re doing is transferring the lease to a new lessee by finding one in an actual bidding site. Caution: it may take some time but rest assured you have a legitimate buyer; more importantly, you have more time searching for a new car.

In lease trading, the new legitimate lessee will assume the responsibilities that go with car maintenance and other fees imposed on the car at lease end. The new lessee can take advantage of not paying down payment while you, well, you are free from the lease!

So how should you go about lease trading? You have to look for a professional trading site like tradecarlease.com. They can manage all lease trades there. You only have to post your car lease and personal information on the site and they will store that in their database, showing them to potential lessees. However, you need to be informed that you’re on your own in the actual transaction. You would have to contact the person and manage the paperworks. So you should take time doing it.

For everything it is for, it’s all for the glory of freedom from an old car!

A High-mileage Driver Can Still Lease

Most drivers who go down the long, winding road occasionally by over speeding are easily put off by leasing; their reason, “No way is any leasing company milking me out of my pocket.” However, unknowingly, they have options to avail of a lease even if merely to test if it would somehow fit their lifestyle, considering it’s cheaper. We have come up with three work-around techniques for any fast and furious driver to use in getting around excess mileage issues.

Manipulating the lease deal is not prohibited; it’s an option. If you, in all intents and purposes, want to buy out your leased car at the end of the contract, then go for a low-mileage car cause it’s relatively cheaper. By then you won’t have to pay for the excess mileage at lease end since you’re buying it anyway. Cunning? Nah, I’d call it initiative.

Go for other parts of the lease where savings is a premium. Any leased car with high mileage means low resale value, which upsets your leasing company. These companies usually look for other means to offset the high mileage and as eye-candy for possible buyers. You can take advantage of this.  Occasionally, also, a low purchase price is set on the leased car that the lessee can benefit from, as stated above.

When I say you use diesel on your engine, it usually paints up a picture of muck, eardrum strain, bad performance, well, think again ’cause diesel has changed over the years. In fact it is highly advisable for high-mileage drivers because of its relatively lower cost. It can also give you 30-40% more mileage than petrol.

Mileage has always been a pain in the neck for most drivers, but there sure is a way to go around it. So drive on, fast!

Most-asked Questions in YahooAnswers

Whenever car enthusiasts, especially shoppers, are around, some questions continue to pop up about car leasing. Time-tested questions time and again are thrown at dealers and even YahooAnswers groups. Same old questions, same old answers. But then maybe it pays to repeat things, particularly if they’re as important as influencing them to believe in leasing as a good form of car ownership.

The following are the most significant questions and the hardest to answer, but they’re answered for you, nonetheless.

How can I get out of this lease even before the contract ends?

At times, things don’t work out the way we want. They drift into detours; then you find yourself not needing your car. This is true when your wife suddenly adopted two Asian kids from UN and the whole family won’t fit into your sedan. To make things easy, there are three options you have: find someone to assume the lease, sell the car yourself, or hand in the keys and walk away. The first option needs you to call the leasing company and ask if they would allow somebody else to “assume.” You might be needing $300 for fees. And be sure that the mileage does not go beyond what’s allowed. The second option will demand research from you. You need to check on the standard market price of your car. Even if you’re short by $1,000 or $2,000, you’re still better off with a new car. The third option is simply not a good choice. It will show as a “repo” on your credit record.

How can I buy out my leased car at the end of the contract?

When it happens to you, like to many, who went love struck with their leased cars for the comfort and familiarity and other times memories that go with it, the first thing to do is check its residual value. If, unfortunately, it’s higher than what you can afford, remember one thing: it’s negotiable. Next move is, call the leasing company.

How can I avoid extra expenses at lease end?

When you’re counting the days for Judgment Day, you secretly wish you’re not going to pay for your car’s after-life. To give you a clue, most leasing companies are bent on earning from returned leased cars. Good thing, there are maintenance tips that can help you with that: Get a car wash and have it detailed. Keep maintenance records as evidence. Have it serviced at regular intervals. Fix damages. Stay on regular mileage.

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