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Join Date: Jul 2000
Location: Houston, Tejas
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Getting a good Lease on a car

I know some of you have worked for/with car dealers in the past, so I'll put this up here:

How do I get a good lease on a car? We're going to do the next car, possibly 2, as a lease through the business.

I know the basics of the lease, economically, as we went through this stuff in engineering economics.

PV, interest rate, time of lease, residual value, etc.

What are the things to watch out for? Where will the leasing group try to stick it to me? Who should I be talking to at the dealer? Should we bring this up first, or last? Can we negotiate better on a new car on the lot from "last year", or don't the dealers usually lease the left overs?

We're going to be using our old BMW X5 as a downpayment, and I'm trying to find a 3 series wagon for the lease.

Hints/ helo?

TIA
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The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
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Old 07-06-2009, 10:11 AM
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