Lease Secrets Revealed! How to Lease a Car and Further Save Cash! Part 3
Every car buyer should know that leasing a car is similar to playing a sport: you will need to master the essentials of the sport in order to become the MVP! In this case, you will most likely walk away with a blockbuster leasing deal if you master the rudiments of the activity.
Without beating around the bush, here is part three of the series on how to lease a car and further save cash (and keep your sanity in place, too.)
It is essential that you understand car pricing before thinking about entering a leasing deal. Leasing a car is actually based on the depreciation of the car at the end of the lease term. In other words, leasing payments are a reflection of the estimated residual value of the car. However, lease prices will also depend on the type of car that you want to lease.
Cars that are larger, more luxurious and more prestigious will be more expensive to lease. This is a common fact. The secret in finding the best and most affordable lease deals is choosing the car with a high residual value.
You need not hone your talents in fortune-telling or even consult a spiritual medium in order to determine the future residual value of the car. Check out car reviews and professional advice relating to the past generation model of the car that you wish to buy. If the car is an all-new model then it is better to wait. If the previous model garnered impressive reviews in terms of reliability and desirability then the new model will most likely tread the same path.
Research is still the best way to find the lowest-priced leasing deals in your area. Know more about the latest car leasing prices in your area by the simple act of asking for a free lease quote. More leasing secrets coming soon!