Few things are more frustrating than relying on public transportation for your commute.
You might want to lease a car, but before you do, ask yourself: is this the right time?
Leasing cars offers many benefits. However, you want to lease a car at the right time. You want to make sure you get the best price. You may also want to get the latest model.
So when’s the best time to lease a car?
Here are our suggestions:
Consider the Model
Let’s say you go into your local Mazda dealers and see a great model. You might be tempted to sign a lease immediately.
However, what happens if a new model comes out in four months? Are you going to be satisfied with your current model, or would you prefer the new one?
Generally, many car manufacturers create new models every four to six years. Ask the dealer if the latest model is en route and what the features will be.
You don’t always need to lease the latest model. But if the features are a significant improvement, you should strongly consider waiting.
Get the Best Price
When leasing a car, you must try to find the best price. While you don’t need to scrape for every penny, you want to find an affordable monthly fee that you can commit to for at least a year.
One hack you can consider is signing a lease near the end of the month. Many dealerships demand that their salespeople hit certain sales records.
As a result, you can negotiate with the salesperson for a better price. It’s also ideal to lease a car during the holidays.
During the winter holidays or Thanksgiving, leasing prices are often lower.
Best Practices
Now let’s look at the best practices for leasing your dream car.
When looking at used vs. new cars, always go for the latter if possible. If not, hire a professional inspector for the used car.
They’ll ensure that the car is in decent condition. You want to lease a car that’ll require minimal maintenance.
Pay at most 15% of your monthly savings for your lease price. Get a credit report to present to the dealership. The higher your credit score, the higher your discount will be.
Make sure you read the lease agreement several times over. Check for all the clauses within the lease agreement to decide if you can commit.
Now You Know the Best Time to Lease a Car
Now you know the best time to lease a car and no longer have to stress about your commute!
Make sure you wait for the new model to be released. In most cases, it’s better to go with a newer model.
You can lease a car at the end of the month. You can also lease a car during holidays. These are the best times to negotiate or find a discount.
Be sure to use our best practices to find your dream car! Before you drive away, check out our other car tips on our blog!
Sharon Howe is a creative person with diverse talents. She writes engaging articles for WonderWorldSpace.com, where she works as a content writer. Writing allows Sharon to inform and captivate readers. Additionally, Sharon pursues music as a hobby, which allows her to showcase her artistic abilities in another creative area.