Car Leasing Short Term Choices

June 12, 2009

There are many options available to consumers when car leasing, short term leases being one of them.

One possible option is to takeover or assume a pre-existing lease. This involves assuming the remaining months of another person's contract. This can be a viable choice because you might find a deal with only a year or so remaining. Make sure the car is in excellent condition because you will be responsible for any damage. Also make sure that the miles remaining will serve your needs.

Another deal can be offered at the dealership. Sometimes manufacturers run 12, 24 or 27-month lease specials on models that they are overstocked with. Normally, short term leases are more costly but these special leases can be very attractive. The dealer will also be able to take trades, so you can get out of an existing car.

A more overlooked option is checking with your local rental car company. They may offer monthly specials that you can renew for 6 or even 12 months, creating another short-term lease option.