Leasing A Car: What You Should Know

Leasing a car has never been so easy in the age of the internet. However, finding the best deal for you and your family might not be all that easy. When it comes to leasing a new vehicle there are some things you should know. From understanding the difference between a lease and a loan, how to lease in a smart way, the best way to shop leased cars, and understanding how to save money on leasing a new car – there are some great tips below to help you get started. When you are shopping for a new car, we have the best advice for you.

 

The Difference Between A Lease & Loan

Before you make the decision to buy a new car, you should understand what the difference is between a lease and a loan. Leasing a car means you’re actually renting the equipment from the dealership for a fixed price every month. This also means that the dealership covers expenses like engine repair in the event that something goes wrong with the car, provided you stay under the mileage you agreed upon in your lease terms. As for a loan, this is when you borrow money in order to purchase a vehicle and at the end of the loan you will then own the vehicle outright.

 

How To Lease Smart

When it comes to leasing smart, you should use the car lease calculator from cars.com. Cars.com gives you this free tool to use in order to understand the difference between the least and alone. You can use the car lease calculator in order to determine which option is best for you and your family. All you have to do is simply input the information for the vehicle, including make model and trim. Next you’ll be given an estimate of what your lease payments or loan payments will be every month. A financial calculator is a great way to determine how much you can afford before you start shopping for cars.

 

Shopping Cars The Right Way

Believe it or not, there is a right way to shop for your next vehicle.Shopping online is a great way to sort through millions of vehicles without wasting time at a dealership test driving loads of cars. Before you test drive, you should look at different specs and reviews of cars. Before you visit a dealership you should know exactly what you want and how much you can afford. When you shop cars.com it’s easy to find out exactly what you want, how much you can afford, and just what kind of a lease you would like to talk to the dealership about.

 

When To Lease A New Car

When you are looking to lease a new car there is a great time to actually shop leased vehicles. What are the best times to shop lease options is during the holidays. Not just Christmas and New Year, but also holidays like President’s Day, Memorial Day, and the 4th of July. Many manufacturers offer deals that are too good to be true during these holidays. While a Year-End Sales Event or a New Year Sales Event are the best times to shop Vehicles, you can also find a deal all year around when you shop using cars.com.