Car Leasing; Save Money And Keep It Simple

There is little you can do about a typical lease contract, they do appear to be complicated with a large number of fees and calculations, but it is not difficult to spot the best car lease in Plainfield if you know what to look for. Once you know what goes into a lease you will be in a position to know what you get out of it.

A couple of marks of the best car lease:

  • High residual value: Those involved in the business all are of the same opinion, the most important factor is the residual value of the vehicle at the end of the lease period. This value is often set by the financial institution that is writing the contract.

The highest residual value equates to the lowest monthly lease payment. It is this fact that will often let you lease a more expensive car for less than a standard sedan. It’s actually a simple calculation, if two cars are both priced the same and one retains 50 percent of its value at the end of the three year lease and the other retains 65 percent of its value the monthly saving is over $120.00.

  • Low fees: This is another area that is indicative of the best car lease in Plainfield. There are numerous fees associated with a lease, these include the security deposit and the fees related to acquiring and disposing of the vehicle. The fees keep creeping up but the best dealers can easily arrange to waive fees, especially the security deposit.

It is also important that the original lessee has the right to transfer the lease to another individual prior to the end of the lease period. Consumers today look for and expect more flexibility and in many cases wish to change cars more often than every three years.

If you are considering leasing a Volkswagen you will be looking for the best car lease in Plainfield. You are invited to discuss the best possible terms and conditions when you visit the showroom of Hawk Volkswagen of Joliet.

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    Author: Greene Connor

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