Best Month To Lease A Car
First of all you need to know that some people say that buying a car makes more financial sense than leasing one. This is indeed true but only if you plan on keeping the car after you have finished with all the payments. Leasing is the perfect method for drivers that want to have a new car as often as possible. In addition, if the car that you have now needs to be replaced, but the one that you want is not available yet, leasing a car can be a solid way for staying on the road while you wait for the one that you want.
First of all you need to know that the manufacturers have a pretty big amount of control over the leasing factors as the best leases are in most cases handled through the car maker’s financing company. In addition, the willingness of the dealer to negotiate plays also a determinant role in the affordability of a new lease.
The best month to lease a car is in December, even November in some cases as the end-of-the-year sales are a result of many factors. The most important one would have to be that the dealers are trying to achieve their year-end volume and sales target – the same situation with the automakers. Due to the reason that both sides want to hit their pre-established targets, both of them will make better deals than they usually do.
You need to have a look at the schedule of the regional auto shows and during those months, the likelihood of getting a better deal is higher. In addition, every manufacturer chooses sometimes to support the lease. By “support” it means that the buyer will get factory-sponsored lease incentives. In such cases, the automakers give below-market lease rates or high residual rates and in some situations, they sometimes they give “dealer cash” which means that the dealer will have more room for negotiations. Usually, car makers do this for two reasons: one, to get rid of a particular model year and two, to win sales volume awards.
Depending on what car you want to get and if you don’t want to wait anymore, February might be the best month to lease a car as there are a couple of very interesting offers from various manufacturers and automotive segments. Here are a couple of relevant examples:
First of all, if you are looking for an SUV, the 2011 Nissan Murano is available for $349 per month for 39 months but you will have to pay $2,499 when signing the deal. The offer is available for the Murano S AWD with Splash Guards and Mats. It expires at the end of this month.
The new Jetta is out and you can get a pretty good lease deal: $179 per month for 36 months and with $1,999 due at signing. The offer is available for all the models, except the TDI ones and it expires at the end of February.
The 2011 Cadillac CTS can be yours for $349 per month for 39 months with $1,949 due at signing. The offer is available until the end of this month and only for the coupe models.
Another interesting offer for an SUV would be for the 2011 Buick Enclave. Here is the lease deal: $443 per month for 39 months and you don’t have to pay anything when signing the deal. The offer is applicable for the FWD CX models. The deal is available until the end of this month.
If you are looking for a reliable Japanese car, the 2011 Mazda3 can be yours if you are willing to pay $199 per month for 42 months. You don’t have to pay anything when you sign the contract, but be aware of the fact that the deal is available for the i Sport models that are fitted with an automatic transmission. The deal is available until the end of this month.
One last deal would have to be for the 2011 Infiniti G, available from $369 per month for 39 months with a $2,499 down payment. Available until February 28th, the offer is applicable for the G37 Coupe Journey with the Premium Package.
If you are not interested in none of this offers, you need to know that at the end of every month, most of the automakers will provide better deals as they will give volume incentives to the dealers who will sell the cars at a lower price in order to hit their volume goal.
Post tags: Tags: car leasing, leasing a car