Any additional advice when you plan to lease a vehicle as opposed to purchasing?
Make sure you understand the following before you go to lease a vehicle:
Capitalized Cost Reduction
Do NOT get into a lease that is longer than the manufacturer's warranty.
Do NOT put a lot of money down on a vehicle that you do not plan to own.
Do NOT get focused strictly on the lower monthly payment price.
Do NOT negotiate from MSRP on a lease. Leases can be negotiated from invoice.
Rebates and dealer incentives do apply for leases.
An "acquisition fee" can be waived.
Do not pay to have the car "cleaned up" for when you turn it back in. This is part of what the "acquisition fee" covers. No need to pay it twice.
This post was edited on 7/26 at 9:57 pm