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Most new models are introduced between July and October, so this is the time that you should try to lease to maximize your savings. The only time it doesn't matter when your lease is if the manufacturer is offering special lease deals.
Choose cars that hold their value. When you lease a vehicle you are paying for its depreciation, plus interest, tax and some fees. Check leasing specials. Price the car. Get quotes from dealers. Spot your best deal. Ask for lease payments. Close the deal.
In short: Yes, you can definitely negotiate a lease price. When it comes to negotiating, leasing is just like buying, and that means that you should feel free to negotiate just as you would when buying a car.
To figure out the cost per $10,000 worth of vehicle, you simply divide the “real” monthly payment by MSRP, then multiply that by 10,000. This lease deal comes out to $121.57/month per $10,000 worth of vehicle. Since it's under $125, it's considered a good lease deal.
The Best Time of Year to Lease a Car. Timing your lease can be important if you want to maximize savings. Generally, the best time to lease a car is shortly after the model is introduced. That's when the residual value will be the highest — meaning you'll likely save money on the depreciation cost.
For car buyers, December has the year's highest discounts and best incentives, according to the automotive experts at Edmund's. Between dealerships hustling to achieve quotas for the end of the year, and consumers looking to find a luxury vehicle at a lower rate, December is the best month to find a good deal on a car.
Most new models are introduced between July and October, so this is the time that you should try to lease to maximize your savings. The only time it doesn't matter when your lease is if the manufacturer is offering special lease deals.
Given that traditional leases are generally offered for 36 months, 24-month contracts offer an alternative for shoppers looking to upgrade sooner to their next vehicle. However, although payments may look reasonable, 24-month leases can often be more expensive when it comes to monthly costs.
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