*** SEIZED CAR AUCTIONS ***

Find Out More About Who Invented The Car - Hondas, Mercedes & More
Find Your Dream Cars Up To 95% Off Retail Prices!
Drive Off A New Or Used Car For As Low As $200...
Search To Get Your Luxury Car Now!


Thursday, July 2, 2009

Learn How To Negotiate a Car Lease Correctly To Keep More Money In Your Wallet

By Karl Grutache

You need to go into this situation believing and knowing you can learn how to negotiate a car lease. A lot of people who may want to negotiate don't know they can do it or its an option so they just let it go. If you are serious about it, you must negotiate on the price, because if you don't they will have you spending more than you have to.

Popularity for this technique has risen over the past several years. But, you must first consider if you should even be thinking about negotiating a lease as an option for you at this time. Depending on your current situation, it may be of more value for you to buy instead.

If you want flexibility and you are not sure what your situation is gonna be as early as the following year, then it is probably a good option for you. At the same time, if you are an individual who habitually buys a new vehicle every few year, you should strongly consider doing it. If so, you should definitely know how to bargain for yourself.

In reality, everyone should reach a point in their lives, where they know how to debate cost, because this skill will come in handy, especially with automobiles. When dealing with price of a vehicle, two basic skills are a necessity, determination and knowledge.

Determination is definitely needed, but in this scenario, knowledge is the bigger asset to have. The 'MSRP' or manufacturer's suggested retail price is the significant piece of information you need. All it is , is the price of a vehicle being set by the auto company, that price is then given to the dealership, and that's what they charge for the vehicle. Nothing to freak out about, you can easily find the 'MSRP' by doing a search on one of the major search engines like Google.

To set up monthly payments, you must first know the value of the car, which must be agreed upon. When the dealer divides the agreed upon value of the vehicle by the length of the lease, you now have your monthly payments set up. This process does not start until you know the MSRP, because it's at this point and time that you can begin the negotiation process with the dealer.

It's obvious the dealership is gonna try to get the most profits they can get, so they are going to set the value as high as they can. Never let the dealer use a number that is higher than the MSRP, under no circumstances!

Ok, here is where knowledge and determination become one. You know the price, stick to it and don't back down. Understand the dealer will try to sell you extra features, options, and trinkets you really don't want or even need, and yes he will try to get pushy. Stand your ground, under no circumstances, don't let him do it.

Don't worry, as long as you do your due diligence with preparing and researching, it will not be a difficult process. It can even turn out to be a little entertaining. You are in control, remember you have the power. Do not sign anything until you have the best price possible that you can bargain for, if so then go ahead and do it.

Shop around, and make sure you take your figures to each dealership that you go to. This will not only help you to become more comfortable, but it will also give you the leverage you need in this process. Stick to your guns, hold your ground and you will find a great deal for sure.

These are just the basic tips and advice about how to negotiate a car lease to save you money. Make sure to do a little more research and preparation and you will do well. Remember, the dealer needs you, it's not the other way around. If you don't allow yourself to be tricked or bullied into a corner, you will get the vehicle you want for the price you want. - 21396

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home