Car Lease Deals: What is a Residual?

If you’re considering leasing a car, one of the most important concepts to learn is that of residual value. Typically expressed as a percentage, a residual value measures the depreciation of a vehicle over time.

If you lease a $15,000 car with an estimated 36-month residual of 50 percent, for example, that means that your vehicle will be worth $7,500 when you return it to the dealer in three years – and that your lease will add up to the difference (in this case, also $7,500).

It’s impossible to know how well a particular make or model will fare over time, but residuals reflect the auto industry’s best guess based on previous resale data. When you lease new cars, the residual decreases most rapidly during the first few months, which is why long-term leases are more cost-effective for the consumer.

Generally speaking, people tend to think that European and Japanese cars have higher residual percentages than American cars, meaning they are worth more at the end of car leases. Of course, you should research the projected residuals of the specific makes and models you are considering. A good rule of thumb is to only look for car lease deals with residual values of 50 percent or higher at the two-year mark.

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Leasing a Car? Check Out These Cool Features

The best part about leasing a car is that you get to drive off the lot in a brand new vehicle — smooth brakes, shiny paint job, and of course that new-car smell. Plus, new leases are available with all the latest features, from audio and video entertainment to navigational aids.

Let's take a look at some of our favorite features:

• iPod compatibility. Forget the glove box full of CDs, the tape adapter, and the FM transmitter — in modern vehicles, all you need to hook up your iPod is a single cable.
• Rear seat entertainment. Got kids? Turn long car rides from terrible to tolerable by adding a built-in TV screen in the back seat, capable of playing DVDs and video games, with support for multiple headphones.
• Keyless entry. Whether your office has a scary parking lot or you just like looking cool, keyless entry will make getting into your new lease a breeze.
• GPS navigation. Brooklyn cars drive better when they know where they're going! Navigation systems let you see and hear your driving directions, and some can even be programmed to respond to your voice.

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Build Your Own New York Lease

You can customize pretty much anything these days — from desktop computers to subway sandwiches. So why not cars? At www.WheelsToLease.com, we can't think of a reason why. Our easy-to-use website let's customers design the Brooklyn cars of their dreams, all the way down the the color of the interior. Let's build a car together, shall we?

To begin, we select a vehicle based on make, body type, and price range. A 2010 Cadillac STS sounds pretty nice, doesn't it?


Now it's time to customize our vehicle. Here, we can set the exterior and interior colors — that crystal red tintcoat looks pretty nice, especially when combined with a cashmere nuance leather seating. At the same time, we can choose custom features like all wheel drive and performance breaks, or even order a spare tire!


After selecting our ideal set of options, we see an order summary featuring the MSRP total and links to sign up for a quote or come in for a test drive. How simple is that? With Wheels to Lease, it's easy to find the perfect New York lease for you.

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The Many Faces of Car Leases

The nice thing about cars leasing is that you can give the car back at the end. You aren’t stuck with a twelve year old junker that you have to get rid of by either selling (yeah, right) or giving to the junkyard. Plus, instead of having to spend money to buy expensive parts and maintenance, leasing a car allows you to save, and to have a new car every few years.

So if you’re thinking about leasing, you can also trade in the junker that you already have, and we’ll give you money back for it! We will value your trade according to the Kelley Blue Book prices, and give you great car leasing deals in return.

Short term leases are also great if you like having a new car all the time. You can sign a one year lease and trade the car in for a new one that has all the latest technology, or a new color, if you’re tired of the same old, same old. If you want to lease new cars, used cars, or are just looking for car lease deals, Wheels to Lease has all of the top reliable makers for affordable prices. Cars leasing is easy, cheap, and reliable, so check out wheelstolease.com today!

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Talk About Cheap Car Leasing

There are many reasons people are required to lease a vehicle and there are many companies that are willing and able to help them out by offering cheap car leasing.

I mean, only the "fly-drive" vacation has become increasingly popular since the mid eighties, especially across the United States and Europe. This gives a huge market to the many car leasing companies in these regions.

If you’re thinking about leasing a car for fun, well, I hope I was you... There are many superb road trips that can be made across the United States, maybe the most famous of which are Route 66 and The Great ocean highway that I’ve always wanted to do. Travelers will come from all over the world to experience these breathtaking drives and a car leasing firm that gives the customer free reign to choose whatever vehicle they want – it’s nothing but a dream come true.

Whether you’re on a budget and therefore looking for an economy vehicle, or whether you have a little more to spend and want to treat yourself to something exotic like a convertible or a sports utility vehicle – just visit us at www.WheelsToLease.com and make your auto leasing dreams come true.

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How To Get Car Leasing Online!

When you are looking into getting a new car, money could be a huge problem... However, when you really want a car and need one right away, the one thing that you should look into is car leasing.

Car leasing is a common agreement between you and a car leasing company. You pay a certain amount of money and basically rent a car. When the time on your lease is up, you will be giving them back the car.

Let’s say that you are going on a trip and just want to use the car for a short while - auto leasing would be perfect for you! There are many other reasons why people decide to lease instead of just buying a car. The payments are cheaper than putting down a big payment for a new car and in most cases, if something happens to the car then the owner would have to handle the situation and not you. This can save you a lot of money and frustration.

Now these days you can find some awesome deals online with cheap car leasing. Sure, you might be able to get a great deal in the store but if you’ll visit us online, at www.WheelsToLease.com you’ll soon find out that the prices are incredible and there is no competition when getting a lease for any kind of car.

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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.

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