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What are some ways to negotiate a car lease?
I want to lease a car, but I also want to get the best deal possible. Are there ways to negotiate a car lease?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“If you want to negotiate a car lease, you have to do your due diligence.
First off, you should shop around at different dealerships to get the best price, just as you would with
car insurance
. Next, you need to know the various terminology. Familiarize yourself with all of the fees,
capitalized costs
, and other terms. Once you have this information, negotiating the total price of the lease, the mileage allowance, and your downpayment are the best avenues to pursue. Don’t negotiate a monthly price unless you have a firm grip on interest, depreciation, and amortization.
Don’t forget that once you sign on the dotted line for your new car, you will need to get the proper coverage for it. Try the free
Jerry
app to help you compare quotes from the top providers, saving you time and money so you can enjoy your new ride.” View full answer
- Gregory R.
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