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How to Calculate a Car Lease Deal OR

How to Calculate a Car Lease Deal OR

How to Calculate a Car Lease Deal

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You’re about to lease your new car and want to know what the monthly car payment will be. Most people do one of two things: come up with a monthly payment from what they can afford or make some educated guesses based on their income and the cost of the car they want to lease. Join the millions of people who use these simple formulas to calculate the car lease deal they need. And the payments they need to make to fit it all in

Car

Auto Price—Also known as capitalized cost, it refers to the retail price of the car. It is possible to negotiate this figure down (the same strategy used for buying cars) for a more affordable lease. Actually, many experts claim it is better to negotiate with car salesmen as if buying the car outright, and only when the desired figure is reached should a potential lessee reveal that they intend to lease the car aAuto Price—Also known as capitalized cost, it refers to the retail price of the car. It is possible to negotiate this figure down (the same strategy used for buying cars) for a more affordable lease. Actually, many experts claim it is better to negotiate with car salesmen as if buying the car outright, and only when the desired figure is reached should a potential lessee reveal that they intend to lease the car and not buy.

Lessees can potentially avoid excessive wear and tear charges by taking good care of their leased vehicles. This can include adding protection such as car door guards, or assuring that small children are properly attended to. In the days prior to the return of the vehicle to the lessor, it can work in the lessee's favor to ensure that the car has as much curb appeal as possible. Giving it a wash, buffing out any scratches, replacing small broken parts, and removing stains from upholstery can help. Wear and tear insurance is available for lessees who feel that they might need it to cover excessive wear and tear. Lessees with too much excessive wear and tear have the option to avoid penalties if they buy the vehicle at the end of the lease. (Source: www.calculator.net)

Monthly

Lessees, for various reasons, often find that they want to get out of their auto leases. Most commonly, they end up not liking certain features of their leased vehicles and, as a result, no longer want to drive them. Another common reason is a change in lifestyle; for instance, maybe the lessee's family has grown larger, and the 2-seater convertible isn't big enough, or, due to a new longer commute, they desire a more fuel-efficient vehicle. For others, due to unexpected financial situations, they cannot continue making monthly lease payments. Whatever the case, there are some choices the lessee can have to break a lease.

Leasing or buying a car is an important and potentially complex decision, and the Auto Lease Calculator can help. Included underneath the calculated lease information is data conveyed as if the car was purchased instead of leased. Right off the bat, it is easy to see that upfront payments and monthly payments are higher for purchased cars. (Source: www.calculator.net)

 

 

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