Tag Archives: leasing

Why shouldn’t one go to a dealership for a car lease

2016 Lincoln Navigator1

2016 Lincoln Navigator Courtesy: lincoln

One has decided to lease a new car. What happens next? Where to go? What needs to be done to make the process go as efficiently as possible?

Coming from experience my personal opinion is not to go straight to a dealership for a car. Go to your local leasing company or broker for the car. Leasing companies have the contacts to make the process of getting a car lease easier and less costly for the customer.

Dealerships often advertise on TV, publications, Radio, etc. with low price leases which may sound extremely convincing. But, often there are many hidden fees, which is only noticed once the fine print is read. But they Continue reading

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Is Chrysler trying to take over the minivan class?

2017 Chrysler Pacifica & Hybird

2017 Chrysler Pacifica Limited Trim(R) & Hybrid Powertrain(L) Courtesy: forbes

Chrysler has unveiled a new minivan at the 2016 International Auto Show. The Chrysler Pacifica. The Pacifica is Chrysler’s next-in-line minivan after the recently discontinued Town & Country. The Town & Country was said not to bring in enough money, especially since two-thirds of them were going to fleet sales.

The Town & Country happened to have been a very decent minivan, especially with the price it was available to lease at. Pertaining to the Town & Country Touring. Touring is a mid-based trim for the Town & Country. It was the perfect minivan to take out for a two-year lease. It came with many features, including Leather, DVD entertainment, Bluetooth, Rearview Camera, and much more. All for a low price that for most of the time fluctuated between $225 and $249 a month, and sometimes at a crazy low of $199 a month. But unfortunately, the Town & Country Continue reading

The value of Third Party Banks

2016 Lexus GSF

2016 Lexus GSF Courtesy: aolcdn

When leasing a car there are many things that can get in the way, and can make the process more costly. Some may not know that it’s more expensive, that’s because they are unaware of the fact that money can be saved here.

This paragraph may seem out of place, but please bear with me, it’ll make it easier to understand the next paragraph. When leasing a car, who does the car actually belong to? It belongs to a bank. The bank buys the car from the dealership and the customer pays the monthly payment to the bank. Each car manufacturer has their specific bank/banks that they are affiliated with that they use for auto leases. Continue reading

Why Lease? Part 2

Continuation from the Why Lease? Part 1

2016 Infiniti QX60

2016 Infiniti QX60 Courtesy: 2017releasedates

My opinion with getting cars is as follows. For your first car, buy a used one. Don’t spend too much, but don’t be cheap about it either. The first car is when you learn how to care for a car, so it should last you a couple of years. Plus, insurance is generally cheaper on a used car.

At this point you’re, past the first car and want to move forward with a better car. Your income has improved since you’ve been in college, and can afford to spend more a car. You’re done with second-hand cars at the moment. The new car feel, breaking into a car, being the first to drive a car, etc. you are craving those feelings.

A decision was made to get a new car. Now the question is either Lease or Finance? Continue reading

Why Lease? Part 1

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2003 Mazda MX-5 Miata Courtesy: Flickr

You’re driving home from work on a random Wednesday night. Vibin to some country tunes, in your 2003 Mazda MX-5 Miata. It’s got some amazing features for a 2003 car. You purchased it about six years ago just as you were finishing college. You had some money saved up and dad helped out with the rest.

A month after getting the car you starting having second thoughts, thinking you may have spent a little too much on it. As time went on your thoughts were proved wrong. After five years, you know that got way more than your money’s worth. The looks that you got, the memories, those long relaxing drives, etc. You love everything about the car, even those days that you spent at the mechanic fixing up some minor things to keep it in shape. Continue reading

lexus lx570

2016 Lexus LX570 Courtesy: cstatic-images

In the past couple of years, I became involved in the car leasing and buying industry. It started with my interest in cars. A car is a man’s toy, but even as a child I enjoyed speaking about, looking at, reading up, etc. on cars. I think it started with having three older brothers living at home when I grew up that enjoyed cars as well. My father gets the annual consumer reports magazine on cars which comes out each April. I looked forward to that a lot. As I grew older I took it to the next level. I started reading more and more, and watching many YouTube videos about cars.

When I became a teenager, two of my older brothers were driving for leasing companies, picking up, and delivering cars. I was jealous and I couldn’t wait to get my driver’s license and start doing that as well. The day came, and I got my license. Right away, I called my brother and told him to make sure he gets me driving jobs. Some people are lucky and have an awesome older brother like I have, he put in a good word for me with the guy from the leasing company, and I started doing jobs. Continue reading