| LEASE WORKSHOP-Verify your deal with current market data and the best
tools!
MATCHMAKER-LeaseSource matches you with the best lease or purchase deal
or the best dealer in your area. LEASING CLASSROOM-Learn from the
best consumer lease guide on the market.
LEASING NEWSROOM--Expert commentary and the latest leasing news.
ESSENTIAL LINKS--Free auto insurance quotes, free long distance service
comparisons and with links to other financially intelligent sites! |
| Money factor (generally expressed as the APR of the loan
divided by 2400). Your bank can tell you what the rates are. Sometimes the
automakers will offer low APRs to encourage people to lease; the lowest
Ive seen was 1.5% for the Isuzu Trooper last year. Not bad! But beware,
some automaker charge MORE than the banks. |
| Before you begin looking at used cars, think about what
car models and options you want and how much you are able or
willing to spend. You can learn about car models, options, and
prices by reading newspaper ads, both display and classified.
Also, your local library and book stores have magazines that
discuss and compare car models, options, and costs, as well as
provide information about frequency-of-repair records, safety
tests, and mileage. The U.S. Department of Transportation Auto
Safety Hotline (800-424-9393) will tell you if a car model has
ever been recalled and send you information about that recall. |
| I thought forwarding you this article that was in rec.auto.driving would
help you in your bargain power. Two resources Id like to show are the
WWW addresses for Edmunds Automobile Buyers Guides at http://www.enews.com.
Ive tried it and its packed with great info. Also, there is a financial
WWW page at http://www.financenter.com/resources/. This will help you with
all kinds of calculations. This article is also attached. |
| Nonetheless, auto leasing now accounts for the distribution of more than
one-third of all new cars. Problems with auto leases have been so great that
Jack Norris of the Florida attorney generals office said his state has
recovered millions of dollars for consumers who were defrauded or misled. |
