Top Things To Consider When Leasing A Car

Lease Terms: Understand the lease terms including the duration (typically 24-48 months), mileage allowance, and monthly payments.

Upfront Costs: Consider the upfront costs such as down payment, security deposit, acquisition fee, and any taxes or fees. Determine your budget and negotiate these costs if possible.

Monthly Payments: Calculate and compare monthly lease payments for different car models, considering factors such as depreciation, interest rates, and residual value.

Mileage Allowance: Determine your average annual mileage and choose a lease with an appropriate mileage allowance to avoid excess mileage charges at the end of the lease term.

Wear and Tear Policy: Understand the wear and tear policy, including acceptable wear on the vehicle and any charges for excessive wear or damages at the end of the lease.

Maintenance and Repairs: Clarify who is responsible for routine maintenance and repairs during the lease term.

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