To lease a car is different than buying a car.
Leasing a vehicle means that a person pays the amount by which a vehicle's value depreciates during the time they are driving it.
Depreciation is the difference between a vehicle's original value and its value at lease-end (residual value), and is the primary factor that determines the cost of leasing.
Leasing has become very popular
Leasing has become popular because it offers people a way to drive the vehicles they want -- often better vehicles than they could buy -- for less money compared to purchase. Like Mercedes Lease Specials, BMW Lease Specials, Jaguar Lease Promotions.
Leasing has become popular over the years because of two main factors.
- First, the cost of new vehicles has spiraled upwards in recent years and is expected to continue.
- Second, tax law changes in the late 1980's eliminated interest deductions on automobile loans.
The effect is that the consumer has become eager to look for ways to make their vehicles more affordable.
Leasing is the method of paying for the use (rental) of the car over a specified period of time.
Once the consumer and dealer agree on a purchase price, and the lease contract has been signed, the dealer then sells the car to the leasing company at the agreed upon price. The leasing company then leases the car to the consumer, based on that price. For this reason, price becomes the most important factor in what a person pays in monthly payments.
The car dealer acts as an agent for the leasing company.
This way, the consumer is relieved of having to interact directly with the leasing company until they start to make monthly payments. The dealer works out the terms of the leasing agreement on behalf of the leasing company. For this service, the leasing company usually pays the dealer a commission, which adds to the dealer's profit on the deal. Once the contract is signed, the consumer's relationship is with the leasing company, not the dealer, unless it is an issue with the vehicle itself.
Mercedes-Benz is the top rated vehicles and one of the premier automotive manufacturers in the world. Get out of your Mercedes lease or, take over a leased Mercedes through a Lease Trader lease program. Mercedes- Benz Leases are: New Models: Mercedes C230 | Mercedes C240 | Mercedes C300 lease | Mercedes C350 | Mercedes E350 | Mercedes E500 and now the New Mercedes E550 | Mercedes CLS-550 | CLS-55 AMG | Mercedes CL550 | CL63 AMG | Mercedes S550 and S55 AMG | Mercedes SL550 and SL63 AMG | Mercedes GL350 | Mercedes GL550 | Mercedes GL320 | Mercedes ML350.
The current Porsche lineup includes sports cars from the Porsche Boxster roadster to their most famous product, the Porsche 911. The Porsche Cayman The Porsche Cayenne is Porsche's mid-size luxury SUV. Porsche leases are very popular; in the lineup Porsche offers the Porsche 911 lease, the Porsche Cayenne lease, Porsche Boxster lease and Porsche Cayman leases.
Lexus IS Lease| Lexus ES 350 | Lexus GS 350 and Lexus LS 460, the Lexus SC convertible coupe, and the Lexus RX | Lexus GX, and Lexus LX ranges of luxury sport utility vehicles. The IS and ES sedans are positioned towards the entry-luxury consumer, Lexus luxury SUV lineup, RX crossover SUV. Lexus cars are for the high-end luxury Toyota consumer.
BMW Lease is the ultimate driving machine. BMW offers its customers a line of cars and SUVs, the BMW X3, BMW X5, BMW X6, BMW Z4, BMW M. BMW 328 lease, lease BMW 328 Coupe, BMW 335i lease, lease a BMW 335i Coupe, BMW 335i Convertible lease, BMW 528i lease, BMW 535i lease, BMW 550i lease, BMW 650i lease, lease BMW 650i Convertible, BMW M6 lease, lease BMW M6 Convertible, BMW 750i lease and BMW 750Li lease.
Audi is a manufacturer of exquisite, in the lineup Audi offers the Audi A3, Audi A4 lease, Audi A5, Audi A6 lease, Audi A8, Audi Q5, and Audi Q7 lease.
Ford Lease, Lincoln, Jaguar XF lease specials and Land Rover Range Rover Sport, Land Rover Range Rover, and Volvo of Sweden and Volvo auto leases.
Leasing companies used by dealers are usually subsidiaries of the car manufacturer, such as Mercedes Benz Financial Services for most of the Mercedes leases, Ford Motor Credit used for most of the Ford leases, and General Motors Acceptance Corporation (GMAC) for most of the GM cars, BMW Financial for most of the BMW leases, Lexus Financial Services for most of the Lexus leases, Toyota Financial Services for most of the Toyota leases, all these companies have excellent and friendly lease transfer policies. However keep in mind that dealers can also offer auto leases from banks and other lending institutions with which they have developed mutually beneficial business terms. Therefore, automobile dealers are in the business of providing automobiles; leasing companies, banks, and credit unions provide auto leases.