Auto Lease Assumption Resource Page
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Used Car Leases Lease Swap Take Over Payments to Get Out of a Lease.
Early Termination
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Short Term Leases
Leasing Glossary
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Lease Guide |
Used Car Lease Overview Leasing a Used Car needs significant consideration by the purchaser. It is not much different than leasing a new car, however, the terms of the lease may vary greatly. To begin with, the 3 most important terms of any lease are the purchase price, residual and interest rate. The purchase price should always be negotiated BEFORE the lease is calculated. In a used car lease, the residual is determined by the Residual Lease Guide and then adjusted per the Lessor's own guidelines and current mileage on the proposed vehicle. The interest rate should be discussed to assure the lowest rate possible. Interest rates on a lease have more impact than a loan because the interest calculation is based on a declining balance to residual, not to zero as in a conventional loan. See our Lease Glossary for a complete definition of lease terms. The reasons to consider leasing a used car are typically: 1) Potentially Lower Payment than new model 2) Shorter Term (i.e. 24-42 months) 3) Lower Residual (This is only a positive if you plan on buying the lease at the end of term). Terminate A Car Lease Early Did you know it is possible to Terminate a Car Lease Early? A site called Swapalease.com gives you a Fast and Friendly way to Get out of your Auto Lease prior to expiration. It is worth checking out! Click Here to go to Swapalease.
Interested in a New Car Price Quote or Lease Payment? Click Here for a 1-2-3 step process to get a quick and easy quote: Price Quote
Short Term Lease If you Need A Reliable Vehicle for a Short Period of Time, then you need to Search the extensive Database at Swapalease.com where you will find Late Model, Low Mileage Sports Cars, Luxury Sedans, Suv's of all Makes and Models. Our last search showed several types of vehicles such as Audi, BMW, Ford, Chevrolet, Mercedes, Pontiac, Toyota and Honda. To check out examples of Inexpensive Short-Term Leased Vehicles available, Click Here: Used Car Leases The ABC's of Leasing Learn all the necessary Leasing Terms you need to know in this section - APR to Residual Value, it is all right here in OUR LEASE GLOSSARY. Click Here to see the Glossary. Save Thousands of Dollars You Save Thousands in Down Payment money, as well as get Today's Car at Yesterday's prices by Taking over Someone Else's Lease Payments. Sellers: You Too Save Thousands by Getting out of a Lease Early that would otherwise be Too Expensive to Terminate. Click Here To See How. Lease Guide.com Lease Guide is a great source of information on Car Leasing, they offer expert advice on how to lease a car as well as offering Lease Kits. Click Here to visit LeaseGuide.com. Used Car Value Links Look up the retail or wholesale value of your used automobile on the NADA Site or on Kelley Blue Book. These Sites also contain great new car and used car pricing information. |
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