How to Negotiate the Best Lease Terms: Tips for Getting More Out of Your Deal
3. Focus on the Capitalized Cost: While it’s tempting to focus on getting the lowest monthly payment, it’s more important to negotiate the capitalized cost. A lower capitalized cost means a lower amount financed, which translates into lower monthly payments and less interest paid over the life of the lease. Don’t be afraid to negotiate […]
Is Zero Down Leasing a Good Deal? Pros and Cons Explained
Interest Costs: In a traditional lease with a down payment, the amount of money you borrow (and therefore the amount of interest you pay) is reduced. With a zero down lease, you’re borrowing the entire capitalized cost of the vehicle, which means you’ll pay more in interest over the life of the lease. Gap Insurance […]