Leasing is back in vogue, and it is extremely popular among millennials. While there are plenty of benefits to leasing, there is some work involved in making sure you get a great deal.
Follow these three steps for a great experience on to find the best car lease in Joliet.
1. Lease What You Can Afford
Some people use lease contracts as a way to have cars they could not otherwise afford. While leasing is a great way to drive a luxury vehicle, it is still important that you can afford the payment.
As a rule, budget less than 20 percent of your take home salary on your lease. It might not buy you the fanciest car, but it will make sure you can keep on driving it.
2. Remember Extra Costs
Drive off fees are a standard part of leasing a car from a dealer. Planning for them before you head out to pick up your car will help you be able to afford them, and it will prevent those standard fees from raining on your parade as you drive off.
Do not forget about insurance. Be sure that when you choose a car, you can afford both the lease payment and the insurance that comes with it. Remember that insurance premiums are higher on leased vehicles. They have more to protect because they want the car back!
3. Negotiate
Negotiation with your dealer does not have to be hard. It is expected. Walk in with plenty of knowledge about your car, and the regular price, and you will have the information you need to make your monthly lease payment even more affordable.
Leasing a car is a great way to get around without worrying about depreciating a valuable asset. Just keep these details in mind to make your next car your best one yet.
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