Click me
Transcribed

What to Know Before Leasing a Car

WHAT TO KNOW BEFORE LEASING A CAR STATISTICS The percentage of new cars leased was its lowest 1990. new cars leased and reached its peak in in at 7% of Total of 1999 at 24% 6.5% of leased cars in America today are acquired without a road test, up from As of 2010, 20% of all The 3% in 2007. new cars have been leased. percentage of new cars leased increased from 1990 through 1999, The average percentage of new cars leased is then saw a decline from 2000-2005. 18% of new cars vs. new cars purchased. PROS Because you are not buying the car, monthly Depending on the terms of your lease, you can get a new car every two to four years. payments are generally 30% to 60% lower when you lease. Repair and maintenance are usually covered in the lease. This saves the average car owner up When a typical lease is up, you can move on to $1200. to a year on fees. the next car. It's actually recommended that you put nothing down when lease, because you could lose You should be able to lease a car without a your down payment if you have to terminate down payment. the lease or if the car is wrecked or stolen. The average monthly payment on a purchased Leasing also allows you to drive a car that could be out of your price range otherwise. car is $479 For Example, the BMW 328i for three years for the same monthly payments that it would take to purchase a Toyota Camry can be leased Most leases won't cost more than $275 per month. CONS $2500 10,000 You have put down The Mileage limit is up front, which is generally not recommended for leases. If the car is wrecked or stolen, you will not see that money again. miles per year. 15,000 15 30 Most people drive at least miles a year. The terms of your lease will casually charge between & cents for every mile you go over. That BMW contract charged|| cents per mile. A leased car is borrowed car. Excessive wear Assuming you drive5.000 $3000 miles per and tear will be held against you. A leased car cannot be modified in anyway. New sound systems, exhaust systems, or after market engine tuning is a taboo. year, you could rack up a fee when you tum in your leased car. 15,000 + ($420 X 36 Months) + $3000 = $20,620 estimated BEST LUXURY CARS TO LEASE GMC Yukon Denali Cadillac STS-V Cadillac DTS Performance Jaguar S-Type Mercedes-Benz CLK Convertible Mercedes-Benz CLS Mercedes-Benz E63 AMG Mercedes-Benz SLK Audi A4 Cabrio Reasons Why People Skipped Their Car Lease in 2012 Financial Wanted a Concerns Family size No Longer needed the vehicle new car Lifestyle Changes Mileage Disliked present Concerns vehicle Gas prices Insurance Maintenance costs Designed by: graphs.net www.sampleleases.net WHAT TO KNOW BEFORE LEASING A CAR STATISTICS The percentage of new cars leased was its lowest 1990. new cars leased and reached its peak in in at 7% of Total of 1999 at 24% 6.5% of leased cars in America today are acquired without a road test, up from As of 2010, 20% of all The 3% in 2007. new cars have been leased. percentage of new cars leased increased from 1990 through 1999, The average percentage of new cars leased is then saw a decline from 2000-2005. 18% of new cars vs. new cars purchased. PROS Because you are not buying the car, monthly Depending on the terms of your lease, you can get a new car every two to four years. payments are generally 30% to 60% lower when you lease. Repair and maintenance are usually covered in the lease. This saves the average car owner up When a typical lease is up, you can move on to $1200. to a year on fees. the next car. It's actually recommended that you put nothing down when lease, because you could lose You should be able to lease a car without a your down payment if you have to terminate down payment. the lease or if the car is wrecked or stolen. The average monthly payment on a purchased Leasing also allows you to drive a car that could be out of your price range otherwise. car is $479 For Example, the BMW 328i for three years for the same monthly payments that it would take to purchase a Toyota Camry can be leased Most leases won't cost more than $275 per month. CONS $2500 10,000 You have put down The Mileage limit is up front, which is generally not recommended for leases. If the car is wrecked or stolen, you will not see that money again. miles per year. 15,000 15 30 Most people drive at least miles a year. The terms of your lease will casually charge between & cents for every mile you go over. That BMW contract charged|| cents per mile. A leased car is borrowed car. Excessive wear Assuming you drive5.000 $3000 miles per and tear will be held against you. A leased car cannot be modified in anyway. New sound systems, exhaust systems, or after market engine tuning is a taboo. year, you could rack up a fee when you tum in your leased car. 15,000 + ($420 X 36 Months) + $3000 = $20,620 estimated BEST LUXURY CARS TO LEASE GMC Yukon Denali Cadillac STS-V Cadillac DTS Performance Jaguar S-Type Mercedes-Benz CLK Convertible Mercedes-Benz CLS Mercedes-Benz E63 AMG Mercedes-Benz SLK Audi A4 Cabrio Reasons Why People Skipped Their Car Lease in 2012 Financial Wanted a Concerns Family size No Longer needed the vehicle new car Lifestyle Changes Mileage Disliked present Concerns vehicle Gas prices Insurance Maintenance costs Designed by: graphs.net www.sampleleases.net

What to Know Before Leasing a Car

shared by ShaeLynn on Apr 09
91 views
0 shares
0 comments
It is a fact that as of 2010, 20% of all the new cars have been leased and a total of 6.5% of the leased cars in America are acquired without a road test.

Tags

None.

Category

Transportation
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size