Archive for June, 2014
If you are like many Americans, you may have flirted with the idea to lease your next vehicle. Especially when you see the advertisements on television and radio about the low monthly payments you would have to lease a brand new 2014 vehicle. There are definitely pros and cons to leasing and we have taken the time to summarize them for you below.
Pros of Leasing
The most attractive component of leasing is lower lease payments than purchasing the vehicle outright. That is because you are paying only for the depreciation value of the vehicle, and not the entire price. Also you don’t have to worry about reselling or haggling over trade value at the end of the lease. Lastly, most maintenance and repairs are covered in the lease contract, so that cost will be a lower.
Cons of Leasing
You will never have relief from a car payment, unless you purchase after the end of your lease, which isn’t always a bad idea. Another consideration is the mileage restrictions, which are normally between 12,000 – 15,000 miles per year. Lastly, there will probably be an early termination fee if you decide the lease is not for you.
Whether you decide to lease or buy, you can find the lowest lease or purchase quotes at www.carleasingsecrets.com. Find your next vehicle today!
Have you been looking to buy an electric vehicle (EV)? Chances are you may have seen the large number of advertisements and articles (like this one) about the emerging market of EVs. They conserve energy, do not burn fossil fuels and now have battery ranges that would suit most people for daily commutes. But they do have limitations, and we will point a few of them out.
If you are looking to purchase an EV to replace your current ICE (Internal Combustion Engine), then your first consideration must be your commute length. If you are like the average American whose daily round trip is less than 30 miles, than an EV is perfect for that range. For instance, the Nissan Leaf has a range of nearly 85 miles on a charged battery.
Another consideration is the availability of charging stations in your local area. If you live near a metropolitan area, there is a likelihood of numerous charging stations at your disposal. If you do not live close to a city, then home charging may be your best option. With over 8200 charging stations and almost 20,000 charge outlets, you shouldn’t have too much trouble finding and charging your new EV.
But why should you lease now and buy in a few years? The EV technology is still in its infancy and new battery chemistry is being tested that may extend the range of the batteries dramatically. This tech should be available for the 2017 models. So get a lease quote from www.CarLeasingSecrets.com and save money before and after you buy your next vehicle.
Have you ever wondered why many executives drive cars they have leased? Why wouldn’t high income earners just finance or purchase their vehicles instead of leasing them? They know the secrets about automobile financing and depreciation values of luxury vehicles. You can too if you know where to get the information they already know.
Many consumers simply purchase their cars and trucks, without taking in to consideration lease rates. Leasing a vehicle can save you over $100 a month or more in monthly automobile payments if you decide to lease. Also, if you find a great lease financing deal, you may be able to lease the vehicle for as low as 0.0%. If you saved $100 a month for three years and also avoided the normal purchase interest rates, let’s say 5%, you would save over $4600 in payments and interest.
Even better, after your lease term is up, you can give the car back without worrying about finding a buyer before you get a new vehicle, or accepting much less than it is worth with a trade-in. Executives know how to save automobile costs and get their information from www.carleasingsecrets.com. Get a lease quote today and see how much you could be saving by leasing your next vehicle.
New vehicle leases are on the rise again due to rising car prices and longer loan term lengths for car purchasers. Consumers are opting for the lowest monthly payment possible, so if they are planning on replacing their vehicle every couple years, then leasing is the perfect option. Even those without shorter term upgrade ambitions are enjoying the fact they can lease a brand new car for less than they would pay per month for the same type of vehicle, but previously owned.
There are a few details that lessees should pay attention to regarding their lease contracts, otherwise they may not be prepared for increase costs of the lease. First off, every lease has mileage limits, so if you drive more miles per year than you’re allowed in your lease, you will be subject to additional mileage fees. Secondly, it is imperative you take excellent care of your vehicle during the lease. You may be charged additional fees for any damages done to the vehicle during the lease, such as dents, stains and broken parts. Lastly, get the inside scoop on how to negotiate the lowest prices for a new 2014 car lease at www.CarLeasingSecrets.com today!