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Leasing New Car From

Car Dealers

Presentation By,
Clint White
What is Leasing A New Car ?
 Unlike buying a new car in cash or on loan, buying a new
car on lease is the most popular way to save the money
and grab a new car in less price. Lease payment
consists of basically two parts :
1. Financial charge
2. Depreciation charge.

 The finance charge is the interest on cost of the car that


you have leased.

 The depreciation charge part is monthly payment paid by


the customer for the loss of the value of vehicle during
the lease term.
New Car Dealers Leasing Car
 Leasing is almost similar to buying, however, this is also
true that buyer won’t own any thing at the end of the
lease agreement. It’s a contractual ownership of a new
car.

 New car dealers always open this option for their


customers. Due to lack of money, some time buyers go
for lease cars but their actual intention is to buy the
vehicle at the end of the lease.

 The financial charges depend on the brand of car. It is


always less for the lesser brands and high for the
renown version of the cars. The resale value of the car
depends on the brand. The depreciation is also varying
from car to car.
New Car Leasing
 To lease a car is an easiest way to grab a best new car
in the market at an appropriate monthly payment.

 While buying a vehicle, it needs a huge down payment,


however, in leasing of car you need to pay some amount
of security deposit and service charges.

 If some one wants to lease a car this is to be noted that


new car dealer will thoroughly check the credit history
until and unless they are not satisfied with the
economical condition of the buyer, they won’t allow
letting the car on lease.
New Car Leasing Tips
 Ask the new car dealer if you can trade your existing car
for the lease. Maybe the new car dealer could offer to
reduce the monthly installments on the new car lease.

 Before signing that lease agreement on your new car,


ask your new car dealer to give you a detailed list of all
costs that you are expected to pay so you don’t get any
unpleasant surprises when hidden costs suddenly show
up.

 A new car dealer is aware of all incidental expenses


involved and may or may not enlighten you unless you
ask.
Leasing New Car From Car
Dealers
 A lease can usually be extended but check how
much extra that could cost you.

 When the lease ends the car ends up being


auctioned to used car dealers who then spruce it
up a bit and sell it at a profitable margin.

 For any further information check out our site:


http://www.drnew.com

Thank You

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