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Cars stand on display for sale at a Mercedes-Benz dealership during the coronavirus crisis

5 Reasons it’s Not Worth it to Lease a Luxury Car

If you’re in the market for a luxury car, then you probably have thought about leasing since the monthly payments will be much more affordable. Why lease a Honda Civic when you can lease a BMW 3 Series for about $100 more per month? Of course, the math makes sense, but there’s a lot more …
Buying New Vehicle

When Does Buying Out Your Car Lease Make Sense?

If you’re currently leasing a car and are coming up to the end of the term, then you might be wondering if whether or not you should buy it out. After all, you’ve likely spent the last three years with the car and know everything about it, and it’s obvious that you like it, so …

Do Dealers Make More of a Profit When You Lease a Car?

Leasing a car is always more attractive to a customer than financing mainly due to the appeal of having lower monthly payments. Leasing also typically means that a customer can afford much more of a car than they originally bargained for, so at the end of the day, it’s a win-win situation as they will …
BMW, like this 3 Series driving on a scenic road, is among brands that are leased the most

Beware of the Low Mileage Car Lease

As car prices go up, leasing a car gets more popular. Especially if you have your eye on a more expensive luxury model, it may feel more feasible to lease rather than buy a car. Still, there are different types of leases. Lease deals rattle with varying jargon in an attempt to draw consumers in. …
A worker cleans new cars at a dealership lot

How Do You Know If You’re Getting a Good Lease Deal?

When shopping for a new car, it’s easy to get caught up in all of the numbers and car sales terms, especially when it comes to leasing. In reality, it’s easy to figure if you know what you’re looking at when the salesperson goes over the final sales numbers with you. And while different manufacturers …
Car Sales: A man inspects a car inside a dealership

Are National Lease Specials Too Good to Be True?

If you’re shopping for a new car, then chances are that you’ve come across some really tempting, budget-friendly lease deals on a car dealer’s website. For example, Honda’s current national lease special for the 2020 Honda Passport is for $329 per month for 36 months with $3,099 “due at lease signing.” It sounds like a …

Is it Possible to Lease an Audi R8 for Less Than Your Mortgage?

If you have ever seen an Audi R8 on the road, then your first thought might be that the owner is rich, or perhaps that the car is a rental. And while either of those might actually be true, the truth is that many exotic cars are typically leased and then returned when the lease …
Car Lease

Are There Tax Advantages to Leasing a Car Under Your Business?

If you currently own a business and are considering leasing a car for it, then you might be wondering if there are any tax advantages to doing so. After all, you’re able to deduct business expenses like office supplies, fuel costs, and even additional, so why not a car lease payment? It turns out that …

Can I Get a Car Loan With No Credit?

Buying a car, whether new or used, can be an especially daunting process if you have no credit history. Of course, if you’re planning to pay for a car in cash, then no credit is needed, but if you’re planning to lease or finance a car, then having some established credit matters. But what if …
A Honda Accord on display at a car dealership

If Your Car Lease Is Ending, You Have Some Options

If you are currently leasing a car and it’s coming to the end of its lease term (maturing), don’t worry, you have some options. Most consumers know that they can either buy out their leased car, trade it in for a new one, or simply turn it back in and walk away. But did you …
Cars stand on display for sale at a Mercedes-Benz dealership during the coronavirus crisis

How Much of a Down Payment Do I Need for a Car?

When it comes to buying or leasing a new car, there are many factors to take into consideration. One of the most important components of any car deal is how much of a down payment you can put towards it. However, the amount can change depending on if you’re leasing or financing, so here are …
Lexus GX 460 SUVs are seen on a sales lot on April 13, 2010

Why Do Dealerships Love When You Return Your Car Lease?

When it comes to leasing a car, you have some options once the lease term is up. You can buy the car outright, sell it yourself, trade it in for a new model, or simply return it and walk away. And while that last option seems akin to returning a DVD to a Redbox, it’s …
Cars stand on display for sale at a Mercedes-Benz dealership during the coronavirus crisis

What to Do If Your Lease Expires in the Middle of a Pandemic

With the COVID-19 pandemic causing so much uncertainty, car shopping is one of many activities that has been significantly impacted — it’s no longer as simple as just walking into a dealership. This affects not just new buyers, but repeat customers as well. If your auto lease is expiring soon, you may be wondering what …
A sold sign hangs on a truck after making a sale.

How to Get Out of a Car Lease Early

Car leases are a tempting proposition; you get to drive a brand-new car for a low monthly payment, with little to no money down, and in the end, you can walk away from it, keep it, or trade it in for something newer. That all sounds great, but what if you end up no longer …