For example, if you see a car special for $149 a month with $1400 down
at signing, do not expect to go into the dealership with only $1400 and
drive home with a new car. You have to keep in mind the tax and
registration fees for the vehicle. Also remember that phrase "on approved
credit" or "OAC", which means that your credit may not qualify you for
that advertised special.
Another of our tips for smart car leasing for beginners: Make sure you
know exactly what you need to have before going to the dealership.
Making a call or researching it online is the best two ways to go.
Lastly remember that by leasing a car you do not have ownership of the
car, and you will need to turn it in at the end of the term. Leasing
terms are usually 24 or 36 months, so if you want a new car for a short
period of time then leasing is the way to go.
Some advantages of car leasing are that you will always have a new car
for a low monthly payment. Another advantage is that you will have no
obligation at the end of the leasing term to keep the car. It is like
renting an apartment.
Make sure that you test drive the car before signing any papers, this
is a commitment and it is usually very hard to get out of a lease. You
want to be happy with the car you will be driving for the next couple of
By keeping in mind our advice for smart car leasing for beginners your
auto leasing experience should be enjoyable.
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