If you don't have a car, but you think you may want one for a short amount of time, you should think about getting a short term car lease in California. Car leasing is a type of lending where you are allowed to use a car for a specified amount of time and pay for the time you have it.
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How Leasing Works
When you lease a car from a dealership, you agree to pay a monthly fee for the amount of time you have the car, but it is not actually the dealership that you are paying. The dealer "places" or "assigns" the loan to a bank, lease company or finance company, which means that the financial institution pays the dealer for the whole lease at once, then receives the payment from the customer. There are two different ways that you can finance a lease. You can allow the dealer to find a finance source, usually the car maker's own financial company, or find your own finance source through an independent lease company. It is often a better deal to use the independent lease company than the car maker's financial company.
California Leasing
California is a particularly good place to lease a car. Since there are so many people in the state, there are many financial companies to choose from, which makes them compete with each other to make the best deals. You should have no problem finding a good deal on a short term car lease in Los Angeles or any other city in California.
Related Questions and Answers
Does California Have any Special Car Leasing Deals Specific to CA?
No, there are no California car leasing deals that are specific to the state. Manufacturers will rarely write a leasing special that is specific to a state. In some cases, certain models are only available in certain states, but this is not a very common practice. California is an excellent place to lease a car. Its large population ensures there are plenty of banks and financing companies writing leases. if you have a particular car in mind, check the manufacturers website to see what their latest leasing specials are. These deals will typically last for one to three months. Check your local newspaper ads for leasing deals as well.