If you are considering leasing a car with a promotional deal, it can be confusing trying to choose from a wide range of car lease special offers. It is important to understand what these deals have to offer, so that you can choose the most inexpensive option and save yourself money.
How can you land the best deal from all of the car lease special offers? An important factor to consider is whether or not the lease has a down payment. A down payment means that a lump sum will have to be paid upfront. Although a down payment may decrease the monthly lease payment, you may actually end up paying more during the course of the lease. Consider all of your options before giving up your hard-earned money before even beginning your lease.
Another factor to consider when shopping around for car lease special offers is insurance. If your vehicle gets stolen or damaged during the lease, the GAP cost and insurance may not cover the existing loss.
The best car lease special offers will include reasonable mileage limits. Many lease contracts will allow 45,000 free miles during a 36 month lease term. If you know that you drive a lot, it may be difficult to stay within the mileage limit of the lease term. Once this limit is exceeded, each exceeded mile can cost you up to 20 cents/mile. It may not sound like much, but the miles can add up and cost you thousands of dollars at the end of the lease term.
One of the best way to ensure that you are getting the best car lease special offers is through honest dealers. There are some dealers that tend to have a lot of fine print and hidden fees in their contracts. It is important to check your contract for anything you do not agree with. An honest dealer will tell you upfront about such hidden clauses.