The Do's And Dont's Of Car Leasing!

So, you've decided that you want to lease a car, well congrats to you! You not only have made a wise decision, but a money saving decision as well. Hopefully you read over some information before getting to this point, but if not that's okay! Here, I will give you a few do's and dont's when it comes to auto leasing.

First off - it's important that you DO your homework. Knowledge is power! Make sure you understand how this works and the various terms that are going to be used in your agreements.

Secondly, make sure you read the fine print on your lease contract before you sign it. After you sign... well... that's it! You have to follow along with whatever it states. Next, make sure you know the invoice and MSRP of the vehicle you are trying to or want to lease. And lastly, be prepared - make sure you only sign a lease for as long as you want the car. Early termination will usually result in some pretty nasty fees. Be sure you can fulfill any obligations before signing a contract.

Make sure you don't pay too much for the car. It's always a good idea to look at the Kelly Blue Book to find out how much a car is worth and back that against the payments and or fees you will be paying for the car leasing. If it's over the price that the car is worth, go back to the drawing table. Also, don't lease without Gap Insurance - for just a few dollars a month extra you can protect yourself from forced early termination.

Lastly, don't accept an open end lease. This is going to be based on payments that are estimated at residual value. If the value is less at the end of your auto leasing, you have to pay the difference! For cheap car leasing or to find a car leasing option, visit our website.