At the end of a vehicle lease, you simply return the car to the dealership where you got it, or in some cases, another of the same brand’s franchised new car dealers. There will likely be a few fees and paperwork, especially if you went over the allowed mileage limit or otherwise da...
Just like auto loans, dealerships want to see goodcredit scoresfor leases. While some dealers may extend a lease to someone with poorer credit, the terms of the lease may be more expensive. To get the best rates, a minimum score of 700 is recommended.4 How Long Is a Typical Lease? Ac...
Buying a leased caris not for everyone. Some people may prefer to continue leasing new vehicles, and others may want to check out the used car lots for their next purchase. When making this sort of decision, it's best to weigh the pros and cons to determine the right move. Pros of b...
People are also wary of dealers who are not totally transparent and honest with their potential customers. Some dealers will withhold information such as how much the car could be purchased for at the end of the lease. Customers may also not know how many miles are on the car or what the...
Some dealers or the manufacturers that they represent require adown payment for a lease. The more you put down, the lower your lease payment will be. Keep in mind that it may not make sense to put too much cash down on a vehicle that you’ll ultimately be handing back to the dealer....
Another important factor to consider is how you plan on using the car. Leasing is more cost-effective if you only need it for a few years. But if you plan on using the car often, you may have to consider buying. That’s because car leases have mileage restrictions. ...
While it's true you can usually get a lower price when buying a car through a private party, there are several good reasons why you may want to buy from a dealer. The main benefit is that you won't have to worry about buying a fraudulent vehicle. Dealers are required to follow strict...
Read full bio Auto Loans & Financing What Is a Vehicle History Report? - Car and Driver What are Dealer Fees When Buying a Car? How Much Car Can You Afford? Use This Guide to Get Out of a Car Loan Advertisement - Continue Reading Below...
For a young person buying their own policy, the picture is even grimmer: The average cost of a standalone full-coverage policy for an 18-year-old is $6,687 a year. (Staying on their parents' policy would bring that figure down to $4,501.)We've picked the best car insurance for te...
that you should always get the best price possible on a vehicle before you agree to lease. One way to do that is by using anonline car pricing servicesuch asourLeaseGuide Car Deal Finder, where you’ll not only find prices, butlow price dealsthat will be honored by dealers in your ...