How to Compare Car Leasing Companies

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November 9, 2016

Car leasing companies will compete with each other for your business. While most leases are pretty standard across the line, there are some things that can make a difference when you choose a company to lease through. Here's what to keep in mind.

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Compare by Budget

You can search for a car lease based on your monthly payments. If you have (as you should) a set amount of money that you can set aside each month for a car payment, you can start to check the lease companies online for their monthly payment for whatever car you have chosen. This is one of the most common ways to compare a lease.

Compare with Incentives

If you're not set on a specific make and model of car, you can look for incentives offered by different manufacturers on different types of car. To compare this way you only need to know what general kind of car you want. If you need a van, a pick up, or a sedan, you can find great deals if you are flexible about the models. The best place to start looking is directly on the manufacturers' websites and sees where it goes from there.

Compare by Lease Term

When you are looking for great lease options, don't forget to check the terms of the lease as well. Leases will always have mileage limitations on them, but these can vary from car to car or company to company. If you do a lot of driving you want to find a lease that will allow you extra miles. It may cost a little more every month, but can save you as much as 50 cents per mile if you run over the limitation.

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