Get the latest news, exclusives, sport, celebrities, showbiz, politics, business and lifestyle from The VeryTime,Stay informed and read the latest news today from The VeryTime, the definitive source.

Car leasing tips for negotiations

19
When you are thinking about leasing a car, you should also consider the option of negotiating its price. You should know that the prices offered by dealers in leasing companies are never final and there is always a way to get a lower price if you know what you are doing. Therefore, it is very important to be prepared for negotiations. This means that you should learn all you can about car leasing beforehand and also get information about the price of the car you want and the deals other companies are offering for it. The dealer should know that you can walk away any minute in case the deal is not good enough for you.Being prepared for negotiations is always very important when you decide that you are ready to lease a car. You can negotiate many aspects of the deal but the car cost is the first and most important thing you should agree upon with the dealer. This is the total price of the car you will get and if it is lower then you will have to pay less every month. Even if the person you negotiate the deal with says that the price they offer is final you should not trust them since there are no final prices when it comes to car leasing. The dealer is in control only of the car cost and you should not expect to get a lot from negotiating the money factor or residuals. These are things that are controlled by the whole leasing company and the dealer is only an agent who represents it and has no right to change any of these things on their own. However, you can ask if the company works with different banks that have better terms when it comes to loans (in Danish the term is leasingbil)  .The next thing to look for is any discount you can get in order to reduce the total price of the car. These discounts might come from the manufacturer or the leasing company. Tell the dealer what amount you are willing to pay for a down payment if you want to do so and then work on the price for the trade-in. ask about all the fees and charges that might change the total cost.When you get a good deal you should ask the dealer to tell you what the amount for the monthly payments will be and this should be based on all the terms you have just agreed upon through negotiations. Even if the dealer goes to make the calculations to another office you should also try to calculate everything on your own just so that you can check if everything is the way it should be according to the negotiated figures. It is of great importance that you check the amount you have calculated in comparison to what the dealer tells you when he returns. The figures used should be exactly the ones that have been agreed upon earlier and you should make sure about that.
Source...
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.