The concept of leasing is fairly simple, yet many automotive consumers don’t completely understand it and are often skeptical, even afraid of it. It is frequently misunderstood as a kind of “rent-to-own” scheme hatched up by clever dealers to separate good people from their money.
There are even well-meaning but misinformed “experts” who are quick to advise against leasing because “it’s all a scam” or “it’s the same as renting and you throw your money away” or “it’s only good for businesses.”
In fact, leasing is a well-respected and common financial concept that has been used in the commercial world for decades as a method of financing buildings, equipment, and vehicles — although it is still relatively new to most automotive consumers.
” I recently used your online leasing guide as a crash course before going to negotiate my end of lease options for a new car.
WOW, for once I went into a dealer and knew what I was doing! This was my 4th lease and I was tired of getting swindled and feeling helpless when dealing with the salesmen. I’m so glad I found your guide!
The first place I went to wouldn’t bend, but I stuck to your tips and walked out, then went to a different place that I actually found on the internet through your guide. I got a GREAT deal through the internet department at Toyota thanks to you guys!
I will recommend your site to everyone I know who is thinking of stepping foot in a dealership. ”
Donald Shamsky, Vancouver
Understand how car leasing works
As with any business transaction, the key to successful and intelligent auto leasing is understanding how the process works, taking the time to properly prepare yourself before making decisions, and learning to use leasing to your benefit rather than to your disadvantage.
Without at least a basic understanding of leasing concepts, knowing how to get a good deal, and knowing how payments are figured; you expose yourself to the very real possibility of making mistakes, significantly overpaying, or worse, being cheated.
Leasing is a method of financing, similar to a loan. It would be a mistake to think that consumer car leasing is like apartment leasing, apartment renting, or car renting. It is not. The differences are so significant that any attempt to try to understand one by drawing on your knowledge of the other will only result in a serious misunderstanding.
Let’s make an important statement here: You shouldn’t consider leasing an automobile unless you have an understanding of car leasing fundamentals and how it works. Don’t lease if you don’t understand it. Understand how car leasing works and it can work for you.The concept of leasing is fairly simple, yet many automotive consumers don’t completely understand it and are often skeptical, even afraid of it. It is frequently misunderstood as a kind of “rent-to-own” scheme hatched up by clever dealers to separate good people from their money.
There are even well-meaning but misinformed “experts” who are quick to advise against leasing because “it’s all a scam” or “it’s the same as renting and you throw your money away” or “it’s only good for businesses.”
In fact, leasing is a well-respected and common financial concept that has been used in the commercial world for decades as a method of financing buildings, equipment, and vehicles — although it is still relatively new to most automotive consumers.
” I recently used your online leasing guide as a crash course before going to negotiate my end of lease options for a new car.
WOW, for once I went into a dealer and knew what I was doing! This was my 4th lease and I was tired of getting swindled and feeling helpless when dealing with the salesmen. I’m so glad I found your guide!
The first place I went to wouldn’t bend, but I stuck to your tips and walked out, then went to a different place that I actually found on the internet through your guide. I got a GREAT deal through the internet department at Toyota thanks to you guys!
I will recommend your site to everyone I know who is thinking of stepping foot in a dealership. ”
Donald Shamsky, Vancouver
Understand how car leasing works
As with any business transaction, the key to successful and intelligent auto leasing is understanding how the process works, taking the time to properly prepare yourself before making decisions, and learning to use leasing to your benefit rather than to your disadvantage.
Without at least a basic understanding of leasing concepts, knowing how to get a good deal, and knowing how payments are figured; you expose yourself to the very real possibility of making mistakes, significantly overpaying, or worse, being cheated.
Leasing is a method of financing, similar to a loan. It would be a mistake to think that consumer car leasing is like apartment leasing, apartment renting, or car renting. It is not. The differences are so significant that any attempt to try to understand one by drawing on your knowledge of the other will only result in a serious misunderstanding.
Let’s make an important statement here: You shouldn’t consider leasing an automobile unless you have an understanding of car leasing fundamentals and how it works. Don’t lease if you don’t understand it. Understand how car leasing works and it can work for you.The concept of leasing is fairly simple, yet many automotive consumers don’t completely understand it and are often skeptical, even afraid of it. It is frequently misunderstood as a kind of “rent-to-own” scheme hatched up by clever dealers to separate good people from their money.
There are even well-meaning but misinformed “experts” who are quick to advise against leasing because “it’s all a scam” or “it’s the same as renting and you throw your money away” or “it’s only good for businesses.”
In fact, leasing is a well-respected and common financial concept that has been used in the commercial world for decades as a method of financing buildings, equipment, and vehicles — although it is still relatively new to most automotive consumers.
” I recently used your online leasing guide as a crash course before going to negotiate my end of lease options for a new car.
WOW, for once I went into a dealer and knew what I was doing! This was my 4th lease and I was tired of getting swindled and feeling helpless when dealing with the salesmen. I’m so glad I found your guide!
The first place I went to wouldn’t bend, but I stuck to your tips and walked out, then went to a different place that I actually found on the internet through your guide. I got a GREAT deal through the internet department at Toyota thanks to you guys!
I will recommend your site to everyone I know who is thinking of stepping foot in a dealership. ”
Donald Shamsky, Vancouver
Understand how car leasing works
As with any business transaction, the key to successful and intelligent auto leasing is understanding how the process works, taking the time to properly prepare yourself before making decisions, and learning to use leasing to your benefit rather than to your disadvantage.
Without at least a basic understanding of leasing concepts, knowing how to get a good deal, and knowing how payments are figured; you expose yourself to the very real possibility of making mistakes, significantly overpaying, or worse, being cheated.
Leasing is a method of financing, similar to a loan. It would be a mistake to think that consumer car leasing is like apartment leasing, apartment renting, or car renting. It is not. The differences are so significant that any attempt to try to understand one by drawing on your knowledge of the other will only result in a serious misunderstanding.
Let’s make an important statement here: You shouldn’t consider leasing an automobile unless you have an understanding of car leasing fundamentals and how it works. Don’t lease if you don’t understand it. Understand how car leasing works and it can work for you.