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Best way to find the cheapest auto lease deals in my city?

129 17 April 26, 2017 at 03:18 PM in Autos
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Ive been shopping around for lease deals for over a year. Ive found a few good ones but hesitated because i have a car available from work. I no longer have a car but spring time doesnt seem to offer very good deals and st.louis missouri prices seem way over priced compared to deals on the coasts. Ive tried a couple of internet sites but all they do is refer my name and number to dealers in my area ive already wasted my time going to. Anyone know any nationwide company i can go through and get a terrific deal? Ive gotten some offers that were terrific deals back in November on Honda accord coupes and Mazda 6 but cant get any dealers to replicate those offers. I actually got a 12,000 mile a year Honda accord coupe deal for 229 a month with taxes but the dealer has new managementnow and practically laughed me out of the show room. The lease deal on that is over 300 bucks now.

thanks

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Best lease deal is to not lease in the first place.
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leasing is kind of funny my belief has always been that someone is buying the car and then leasing it and since they are not leasing it to you for a loss then it would make more sense to buy it yourself.

That said there are times when you don't have the down payment that a lease makes sense or in the case of the mfg doing the lease they get the car back in 2 or 3 years and can sell it as a certified preowned and make their money on that. lower cost leases also allows them to keep the volume up on the assembly line and rather than just lowering the price of the car which creates other issues for resale the low cost lease drives business and hopefully repeat business since even if you want to buy again in 3 years you will hopefully go back to the same brand to turn in the lease car and buy something new.
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Quote from woodygg
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Best lease deal is to not lease in the first place.
While I generally agree with you, its not true in every case. With incentives only available on leased vehicles, I was able to lease a vehicle and the sum of all payments plus buyout costs was less than buying outright. In addition, I have the option to unload the car in 3 years if I don't like or want it.
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#6
look for factory lease
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i see from this dealer :http://www.stcharlesnissan.com , the lease rates range from $92 to around $199 a month.....
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I check www.leasehackr.com. The posts have decreased in frequency, but they tend to be quite useful. Two years ago I was able to get a 2 year lease on a Chevy Malibu for $0 down and $79 per month based on the info there.
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Quote from komondor
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leasing is kind of funny my belief has always been that someone is buying the car and then leasing it and since they are not leasing it to you for a loss then it would make more sense to buy it yourself.

That said there are times when you don't have the down payment that a lease makes sense or in the case of the mfg doing the lease they get the car back in 2 or 3 years and can sell it as a certified preowned and make their money on that. lower cost leases also allows them to keep the volume up on the assembly line and rather than just lowering the price of the car which creates other issues for resale the low cost lease drives business and hopefully repeat business since even if you want to buy again in 3 years you will hopefully go back to the same brand to turn in the lease car and buy something new.
I think generally luxury brands "undercharge" for leases, based on depreciation. when you're leasing, theoretically you're paying for the depreciation of the vehicle, plus a finance fee. Luxury brands depreciate far more rapidly (in the first few years; e.g. lease period) than other brands like Honda et al, but no one would lease one of their cars if they charged the true depreciation amount, so by leasing you could perhaps pay less for the car per year than you would if you bought it outright from new, then when the lease runs out, if you're interested in the car, since the depreciated value would be less than the balance of what you've paid, you could negotiate that. Basically your savings is the difference between the sale price (when new), what you buy it for at the end of the lease, and the lease payments.

That said, I'm not a fan of leases as they don't work for my driving habits (21k miles a year or so on average). But if you need a new car all the time or always like having a car with warranty, leasing is a better option than buying.
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Quote from komondor
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try https://nationwideautolease.com/
I ended up calling these guys and they got me a lease on a Mercedes C300 saving me $75 a month off the best deal I was able to find on my own. They had the dealership deliver the car to my house and sign contract when it arrived. I was pretty impressed with them. Thanks for the tip!
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Quote from steve-auction
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While I generally agree with you, its not true in every case. With incentives only available on leased vehicles, I was able to lease a vehicle and the sum of all payments plus buyout costs was less than buying outright. In addition, I have the option to unload the car in 3 years if I don't like or want it.
Edit: the reply was under steve-auction but this post isn't directed specifically at you but as an add-on to the whole thread.

One extremely important fact left out of monetary comparisons of leased vs purchase amounts is that the purchased vehicle has an equity add-on that is not accommodated for.

As an example a lease amount of $250/mo vs purchase payment of $350/mo is not equitable in comparison as the purchase option has equity that the owner has. It even becomes more off-balance when the purchaser uses all cash as the monetary exchange or gets an extremely low finance rate as the lease option does have financing built-in.

Just trying to clarify the apples to oranges price comparisons I see on this thread as well as almost every other car lease thread.

Leasing is a luxury item method of getting a car every 3 years or so. It's great for people who want to rotate cars like a handbag and can afford to do so. I disagree with the "it saves me money tactic". While is *can* in some instances, most of those instances are much rarer than portrayed by those who lease -- but again they are self-justifying their expenses. Not to mention if you navigate leases to try and save money you lose a lot of options on what make or model of vehicle has a lease promotion running. And you are also tied to a time-frame of a previous lease expiration. Another reason why even if you get a great lease, it's hard to repeat over and over and over again. After all of the averages over the time of vehicle comparison to purchasing you might not be quite as low as you hoped for the lease.

Everyone should do what is right for them. For some people that is leasing, for others it is purchasing.
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Quote from digitallm
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I ended up calling these guys and they got me a lease on a Mercedes C300 saving me $75 a month off the best deal I was able to find on my own. They had the dealership deliver the car to my house and sign contract when it arrived. I was pretty impressed with them. Thanks for the tip!
I am glad it worked out for you and thanks for the feedback.
With some dealers they act all high and mighty about discounts and other dealers believe in service and time. If you don't tie up a salesman for 3 hours buying a car they can offer a lower price.
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Quote from Xebec01
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I check www.leasehackr.com. The posts have decreased in frequency, but they tend to be quite useful. Two years ago I was able to get a 2 year lease on a Chevy Malibu for $0 down and $79 per month based on the info there.
It is a great web source, thanks for sharing.
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