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First, you should negotiate the lease price (cap cost), having a specific target price in mind (see How Much Car Can I Afford). The lower the price, the lower your monthly lease payment. Don't let them tell you that price isn't negotiable in a lease.
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.
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.
Buying your leased car saves the leasing company shipping and auction fees. That's why, in some cases, they'll call and offer you a lower buyout price than what's in the contract. But Maloney says it often isn't a good deal since they'll likely offer the retail price, when you should aim to buy it for wholesale.
To negotiate a reduced buyout price, you'll need to talk to a lease-end manager at the leasing company who has the power to approve lower prices. Banks writing leases may be more likely to negotiate than automakers' finance companies.
Acquisition fees usually range between $250 and $1,000 (luxury vehicles are on the higher end). The acquisition fee can sometimes be negotiable, but it's rare. Often time the fee is added to the Capitalized Cost (price of the vehicle) so that it's rolled into the monthly lease payment.
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.
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.
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