| Whether you lease a car to get into the latest models | | | | Make sure you know all the fees involved at the |
| or have better purchasingflexibility, getting a good deal | | | | beginning of your lease:you may have to pay fees for |
| is always bound to give you a lift. Usethese guidelines | | | | licenses, registration and title. Other feesinclude |
| to help you spot one: | | | | acquisition fees, freight fees and local or state taxes. |
| Check incentives: be on the look-out for factory | | | | Atlease-end, you may have to pay a disposition fee |
| -subsidized lease deals. | | | | and charges for extramileage and any excess wear. |
| Car manufacturers realise that consumers who lease | | | | Be aware that some of these fees - likeacquisition and |
| vehicles from them aremore likely to be repeat | | | | disposition fees - are negotiable. |
| customers than those who simply purchase vehicles. | | | | Know your mileage needs: almost all leases limit the |
| Through their leasing companies, they adjust the | | | | number of miles peryear by imposing typically 10 to 20 |
| residual value and offerlow financing charge. Other | | | | cents per excess mile over 15,000 milesa year. If you |
| auto-manufacturers are also starting to giveincentives | | | | are the kind of high-commuter who puts 40,000 miles |
| on leasing, called leasing subventions. They offer | | | | a yearon his car, then you might end up running |
| thesesubsidies to put slow-selling models on the street, | | | | thousands of dollars in heftypenalties at the end of |
| saving you even moremoney. | | | | your lease. Be smart and negotiate a |
| Set up a competitive: bidding environment to get the | | | | higher-mileagelimit or pad you excess miles at the |
| lowest price. If youalready have an idea in mind of the | | | | beginning of your lease to avoidrobber tax rates for |
| make, model and trim level of yourdesired car, attempt | | | | excess miles. |
| to calculate your own lease payment before you | | | | Almost all leases limit the number of miles per year by |
| goshopping to avoid paying through the roof. Check | | | | imposing feestypically 10 to 20 cents per mile over |
| online comparison tools oruse a lease calculator to | | | | 15,000 miles per year. If you arethe kind of |
| check your lease payment based on purchase price. | | | | high-commuter who puts a lot miles on his car, then |
| This gives you greater negotiation leverage as you | | | | these costscan add up quickly. |
| solicit quotes fromvarious leasing companies. | | | | |