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Thinking about Leasing a new car, truck, van or suv?  Wouldn't it be great if you could use the same Leasing Software that Car Dealers use every day to calculate exact lease payments?
Well now you can with Lease Wizard - the exact same software that your local Dealer uses.  Use Lease Wizard and take advantage of an average savings of $1,373 on your next lease.  Lease Wizard has been praised by
USA Today, Motor Trend and the New York Times....and it's what we use to get rock-bottom lease payments.

Learn The Secrets Of New Car Leasing From A Seasoned Pro


What Do You Want To Know About First?

14 Secrets To Know Before You Lease A New Car, Truck, Van or SUV :: 5 Secrets To Know During Your Lease :: 10 Secrets To Know At The End Of Your Car Lease :: How To Compare New Car Lease Offers :: How To Save Another $25 A Month On Your New Car Lease



14 Secrets To Know Before You Lease A New Car





Secrets To Know During Car Leases





10 Secrets To Know At The End Of A Car Lease




How To Save $25 A Month On New Car Leases



About 1/2 the time, itíll be the Car Manufacturer that has the best Lease deal.  So what about the other times?  Well, after youíve gotten a Car Makers lease offer (Discover How To Get The Best New Car Sale prices & quotes by Clicking Here). Then Iíd suggest you look at a terrific online source

Lease Wizard has been a top leasing advisor for years and consistently receives excellent reviews. If you want to squeeze every dollar out of a new car lease, Lease Wizard is for you.



"How To" Tips On Comparing New Car Lease Offers



Monthly Payment Components

Comparing the monthly payments is a starting point in comparing different lease offers.  However, the components of the monthly payments may differ as well, and those differences may affect you at either the beginning or the end of the lease.

For example, does one lease have a higher cap cost reduction or security deposit than the other?  Does one have a higher rent charge?  Are the residual values for the vehicles the same?  Are the gross capitalized costs the same?

Use the monthly-payment-calculation portion of the leasing form to pinpoint similarities and differences in the leases you are comparing.



End-of-Lease Payments

At the end of the lease, you may face a variety of payments.  Your decision about what to do (return the vehicle, buy the vehicle, or re-lease the same vehicle) will affect your costs.

For example, if you return the vehicle, you might have to pay a disposition fee, excessive wear charges, or excess mileage charges. 

Compare all the costs that you think you are likely to have at the end of your lease.  For example, if you think you will probably turn in the vehicle at the end of the lease, compare the disposition fees and excess mileage charges in the leases you are considering.

Although you may not be able to negotiate the excess mileage charge, you can compare these charges (for example, 15 cents per mile instead of 25 cents per mile) as part of your overall comparison.



Gap Coverage For Car Leases

Gap coverage is often, but not always, included in lease agreements, so first ask whether it is included without an additional charge.  If gap coverage is included in the leases you are considering, compare the coverage's and see if there are any differences and determine what you'll owe if your vehicle is stolen or totaled.

If gap coverage is not included, it may be purchased - and I highly recommend you do - it could save you from having to declare Bankruptcy - Yes, I've seen it happen.  If you decide to purchase gap coverage, compare costs and coverage's and get estimates from several providers, such as the dealership, the leasing company, or an insurance company.  Get more "Inside Info" on Gap Coverage here.



Rent Charge/Interest For Car Leases

Just as interest rates and total finance charges for vehicle finance agreements can vary, the rent charge may vary from lease to lease.  Some lessors may subsidize the rent charge and offer you a lower rent charge.  Paying a lower rent charge is a "good thing" and will probably result in a lower monthly payment.

Even if the monthly payments are the same on two different leases, paying a lower rent charge might be the way to go.  If the monthly payments in two leases are the same and the gross capitalized costs and the adjusted capitalized costs are the same, paying more depreciation and a lower rent charge will reduce the lease balance faster and create a lower residual value.  This approach is particularly beneficial if the lease has a residual-value purchase option.

On the other hand, a lower rent charge in and of itself is not necessarily a good deal - the lease with the lower rent charge may have a higher adjusted capitalized cost or a lower residual value (that is, higher depreciation) that makes up for any difference in rent charges.

You will need to compare the residual value, rent charge, gross capitalized cost, and the adjusted capitalized cost of the vehicles you are considering to determine if the lower rent charge is a real savings.



Up-Front, Ongoing, and End-of-Lease Costs

As with other financial transactions, there are often trade-offs among up-front, ongoing, and end-of-term costs.  Be sure to compare all costs of the leases you are considering before making a decision.

You may want to minimize your up-front costs, or you may want to lower your ongoing costs.  Be aware of the time value of money in your decision.  In any case, you need to compare all the figures, not only the monthly payment, to make sure you understand the costs involved.



Total of Payments On Car Leases

This total of payments amount is the overall cost of the lease if you do not purchase the vehicle.  You can use this figure to compare leases when deciding which lease offer is best for you.  However, the figure does not reflect differences in security deposits, purchase-option prices, or the time value of money when up-front costs are different. 

Although you will know the total of payments, you will have to decide how the timing of those payments fits in with your budget and your time value of money.  Although you may prefer to minimize your up-front costs, choosing a lease with lower ongoing costs may reduce the total of payments.

Two leases may have the same total of payments but distribute the amounts differently among the up-front, ongoing, and end-of-lease time segments.  You need to consider all the figures, not only the monthly payment, to make sure you understand what your costs will be and when they will be due.



Warranties and Car Leases

Compare the number of months and the mileage allowance in the lease with the vehicle's warranty period.  If you are considering a lease term or a mileage allowance greater than offered by the warranty, be sure you understand what expenses you will be responsible for once the vehicle is no longer under the warranty.


Purchase Option and Purchase-Option Price

Many leases offer an option to purchase the leased vehicle at the end of the lease. Your circumstances may change over the term of the lease, and having a purchase option will increase your flexibility at lease-end.  When comparing leases, look to see if each offers a purchase option, what the purchase price will be, and if there is a fee to exercise the purchase option.

If the vehicle turns out to have a higher market value than the residual value at the end of the lease, having a purchase option may enable you to take advantage of the difference - although it is a very rare occurrence.  The only time you should ever consider this option is if you have butchered the mileage requirement or the vehicle has substantial damage.



Different Lease Sources

Vehicle dealerships and independent leasing companies usually have access to several different leasing options.  A new car dealership will almost always be able to lease through the finance company of the vehicle's manufacturer.

The same dealership can usually also offer leases through independent finance companies or financial institutions, such as banks or credit unions.  Once you have selected a vehicle, ask the dealership or leasing company to show you the terms and conditions of several different lease sources so you can choose the one that best meets your needs.

I would suggest that you shop for lease funding before talking to a Dealer. Check with your financial institution (Bank or Credit Union, for example) to see what terms are available.  You should also visit LeaseCompare and PrimeLease - two very good Online Sources.



Early Termination Charges On A Car Lease

If you end your lease early, you'll probably have substantial early termination charges.  Be sure to compare the early termination clauses in the lease agreements you are considering.

There may be differences in the methods for calculating these charges.  You will want to consider any differences, the likelihood of early termination, and other terms in the lease offer.  Differences in residual values may also affect your early termination liability. 



Alternatives to Advertised Car Lease Specials

If you are responding to an advertisement for a lease, you may find that there is little room in that particular offer to negotiate more-favorable terms, because manufacturers or lessors often provide special offers that set some of the lease terms.  However, you can still ask about alternatives to any advertised special.

For example, if a special regional or national deal is offered by Ford Finance on a 2006 Focus, don't just assume that the Selling Price of the Focus is set in concrete - many times it is not.  If you can't negotiate the value of the Focus, you can ask if there are other lease companies that could meet or beat the deal offered by Ford Finance.

You would also want to check with Lease Wizard to see what they can find.



Other Car Lease Items To Negotiate

If you have negotiated the value of the vehicle, the capitalized cost reduction, the length of the lease, the mileage allowance, any vehicle options you have chosen, and (or) multiple security deposits with different lessors or on different vehicles, make sure that you have considered these differences when comparing auto lease offers.

For example, one lessor may offer you a 39 month lease instead of a 36 month lease; you need to compare the payments on these two leases while considering the different terms in each.



Single-Payment vs. Multiple-Payment Car Leases

You may want to compare single-payment and multiple-payment auto leases.  In a single-payment lease, you make one single lump-sum payment in advance rather than periodic payments over the term of the lease.  It's a rare offer yet they do exist.

This lump-sum payment must be less than the total amount you would pay if you were to make the normal lease payments, because the lease balance is less throughout the single-payment car lease, lowering the rent charge and therefore, the overall cost.














I do have an obligation to point out that not all Car Makers, Dealers, Salespeople, Insurance Companies and Banks are greedy or crooked.  This site is dedicated to honest Companies and their Professional Employees who've grown weary of the ignorant and classless giving the automotive related industry a black eye......a black eye that I feel is very close to being permanent.

By using these new and used car guides, I hope to be able to help you find the Best Businesses, and the Professionals that represent them, with very little effort on your part and help you....

Save More Money and More Time Than You Ever Have Before.

It is also my hope that these Companies and the Professionals that represent them will have more business than they can handle - a reward they justly deserve.

Thank you for visiting My New Car Purchase - and please take 5 seconds to or perhaps let a friend or relative know about us - Click here to send this page to a friend.

I guarantee that you will have an exceptional experience the next time you buy a car, van, truck or SUV - again, thank you for visiting this Web Site!

Tom O'Leary  - "A Concerned Dad....and Automotive Analyst"

New Car Purchase - Exceptional New Car Purchase Advice and Automobile Purchase Strategies for your next new car or used automobile purchase.

Feel free to e-mail me at: Tom at my new car purchase (no spaces) dot com - or take a few seconds to send a question or comment by Clicking here

P.S. Make sure you check out the My New Car Purchase Blog.

To see specific information on how to have the best new car purchase you've ever had, click on the My New Car Purchase links listed below.








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Best & Worst Picks
 For 2006 - 2007
Cars, Trucks, Vans & SUVs

Best Picks for  2006 - 2007*




    NSX
    MDX
    RSX
    RL
    TL
    TSX
    A4
    A6
    TT
    5 Series
    6 Series
    325 Series
    330 Series
    X3
    7 Series
    X5 Series
    Z4
    Rainier
    XLR
    CTS
    SRX
    STS
    Corvette
    Monte Carlo
    SSR
    K1500 Silverado Pickup
    Avalanche
    K2500 Silverado HD Pickup
    K3500 Silverado Pickup
    Trailblazer
    Colorado Pickup
    Equinox
    Express Cargo Van
    Suburban
    Tahoe
    Pacifica
    Town & Country
    Crossfire
    PT Cruiser
    300 Series
    Viper
    Dakota Pickup
    Durango
    RAM 1500 Series Pickup
    RAM 2500 Series Pickup
    RAM 3500 Series Pickup
    Freestyle
    Five Hundred
    Mustang
    Thunderbird
    F150 Series Pickup
    F250 Super Duty Pickup
    F350 Super Duty Pickup
    Econoline Van
    Econoline Wagon
    Escape
    Excursion
    Expedition
    Explorer
    Ranger Pickup
    K1500 Sierra Pickup
    K2500 Sierra HD Pickup
    K3500 Sierra Pickup
    Savana Cargo Van
    Yukon
    Canyon Pickup
    Envoy
    Yukon XL
    Pilot
    CR-V
    Accord
    Civic
    Element
    Odyssey
    S2000
    Ridgeline
    H2
    Santa Fe
    Tucson
    FX
    G35
    Q45
    QX56
    S-Type
    X-Type
    Grand Cherokee
    Liberty
    Wrangler
    Sedona
    Sorento

    LR3
    Range Rover
    ES330
    GX470
    RX330
    SC430
    GS300
    GS430
    IS300
    LS430
    LX470
    Aviator
    LS
    Navigator
    Town Car
    MPV
    Tribute
    Mazda 3
    Mazda 6
    Mazda Truck
    Miata
    RX-8
    CLK Class
    E-Class
    SLK-Class
    C-Class
    CL-Class
    M-Class
    S-Class
    SL-Class
    Mariner
    Montego
    Monterey
    Cooper
    Altima
    Murano
    Maxima
    Pathfinder
    Titan
    Armada
    Quest
    Sentra
    350Z
    Grand Prix
    GTO
    Vibe
    911 Carrera
    GT2
    911 Carrera 4
    911 Turbo
    Cayenne
    9-2x Series
    9-3 Convertible
    9-3 Series
    9-5 Series
    Vue
    xA
    xB
    tC
    Impreza
    Outback
    Outback Sport
    Baja
    Forester
    Legacy
    4Runner
    Highlander
    Sequoia
    Tundra
    Camry
    Solara
    LandCruiser
    Camry
    Celica
    Corolla
    Matrix
    MR2
    Sienna
    Tacoma Pickup
    New Beetle
    Golf
    GTI
    Jetta
    Passat
    Touareg
    V50
    XC90
    S60 Series
    V70 Series
    S40
    S80 Series


Worst Picks for 2006 - 2007*




    Audi A8
    Buick Century
    Buick LeCrosse
    Buick LeSabre
    BuickPark Avenue
    BuickRendezvous
    BuickTerraza
    Cadillac Deville
    Chevrolet Cobalt
    Chevrolet Aveo
    Chevrolet Cavalier
    Chevrolet Astro Passenger Wagon
    Chevrolet Impala
    Chevrolet Malibu
    Chevrolet Uplander
    Chevrolet Venture
    Chevrolet Astro Cargo Van
    Chevrolet Blazer
    Chevrolet Express Passenger Wagon
    Chevrolet Uplander Cargo Van
    Chevrolet Venture Cargo Van
    Chrysler Sebring
    Chrysler Sebring Convertible
    Dodge Caravan
    Dodge Magnum
    Dodge Stratus
    Dodge Neon
    Dodge Caravan Cargo Van
    Ford Crown Victoria
    Ford Focus
    Ford Freestar
    Ford Taurus
    Ford Freestar Cargo Van
    GMC Safari Cargo Van
    GMC Savana Passenger Wagon
    GMC Safari Passenger Wagon
    Hyundai Accent
    Hyundai Elantra

    Hyundai Sonata
    Hyundai Tiburon
    Hyundai XG350
    Isuzu Ascender
    Jaguar XJ-Series
    Jaguar XK-Series
    Kia Amanti
    Kia Optima
    Kia Rio
    Kia Spectra
    Land Rover Freelander
    Mercedes-Benz G-Class
    Mercury Grand Marquis
    Mercury Mountaineer
    Mercury Sable
    Mitsubishi Eclipse
    Mitsubishi Endeavor
    Mitsubishi Galant
    Mitsubishi Lancer
    Mitsubishi Montero
    Mitsubishi Outlander
    Pontiac Aztek
    Pontiac Bonneville
    Pontiac Grand Am
    Pontiac G6
    Pontiac Montana
    Pontiac Montana SV6
    Saturn Ion
    Saturn L300
    Saturn Relay
    Suzuki Grand Vitara
    Suzuki XL7
    Suzuki Aerio
    Suzuki Forenza
    Suzuki Reno
    Suzuki Verona
    Toyota Echo
    Volkswagen Phaeton


*Comparison Based on Price, Insurance Costs, Finance Costs, Repair Costs, Safety & Resale Values
Best & Worst Picks
 For 2006 - 2007
Cars, Trucks, Vans & SUVs

Best Picks for  2006 - 2007*




    NSX
    MDX
    RSX
    RL
    TL
    TSX
    A4
    A6
    TT
    5 Series
    6 Series
    325 Series
    330 Series
    X3
    7 Series
    X5 Series
    Z4
    Rainier
    XLR
    CTS
    SRX
    STS
    Corvette
    Monte Carlo
    SSR
    K1500 Silverado Pickup
    Avalanche
    K2500 Silverado HD Pickup
    K3500 Silverado Pickup
    Trailblazer
    Colorado Pickup
    Equinox
    Express Cargo Van
    Suburban
    Tahoe
    Pacifica
    Town & Country
    Crossfire
    PT Cruiser
    300 Series
    Viper
    Dakota Pickup
    Durango
    RAM 1500 Series Pickup
    RAM 2500 Series Pickup
    RAM 3500 Series Pickup
    Freestyle
    Five Hundred
    Mustang
    Thunderbird
    F150 Series Pickup
    F250 Super Duty Pickup
    F350 Super Duty Pickup
    Econoline Van
    Econoline Wagon
    Escape
    Excursion
    Expedition
    Explorer
    Ranger Pickup
    K1500 Sierra Pickup
    K2500 Sierra HD Pickup
    K3500 Sierra Pickup
    Savana Cargo Van
    Yukon
    Canyon Pickup
    Envoy
    Yukon XL
    Pilot
    CR-V
    Accord
    Civic
    Element
    Odyssey
    S2000
    Ridgeline
    H2
    Santa Fe
    Tucson
    FX
    G35
    Q45
    QX56
    S-Type
    X-Type
    Grand Cherokee
    Liberty
    Wrangler
    Sedona
    Sorento

    LR3
    Range Rover
    ES330
    GX470
    RX330
    SC430
    GS300
    GS430
    IS300
    LS430
    LX470
    Aviator
    LS
    Navigator
    Town Car
    MPV
    Tribute
    Mazda 3
    Mazda 6
    Mazda Truck
    Miata
    RX-8
    CLK Class
    E-Class
    SLK-Class
    C-Class
    CL-Class
    M-Class
    S-Class
    SL-Class
    Mariner
    Montego
    Monterey
    Cooper
    Altima
    Murano
    Maxima
    Pathfinder
    Titan
    Armada
    Quest
    Sentra
    350Z
    Grand Prix
    GTO
    Vibe
    911 Carrera
    GT2
    911 Carrera 4
    911 Turbo
    Cayenne
    9-2x Series
    9-3 Convertible
    9-3 Series
    9-5 Series
    Vue
    xA
    xB
    tC
    Impreza
    Outback
    Outback Sport
    Baja
    Forester
    Legacy
    4Runner
    Highlander
    Sequoia
    Tundra
    Camry
    Solara
    LandCruiser
    Camry
    Celica
    Corolla
    Matrix
    MR2
    Sienna
    Tacoma Pickup
    New Beetle
    Golf
    GTI
    Jetta
    Passat
    Touareg
    V50
    XC90
    S60 Series
    V70 Series
    S40
    S80 Series


Worst Picks for 2006 - 2007*




    Audi A8
    Buick Century
    Buick LeCrosse
    Buick LeSabre
    BuickPark Avenue
    BuickRendezvous
    BuickTerraza
    Cadillac Deville
    Chevrolet Cobalt
    Chevrolet Aveo
    Chevrolet Cavalier
    Chevrolet Astro Passenger Wagon
    Chevrolet Impala
    Chevrolet Malibu
    Chevrolet Uplander
    Chevrolet Venture
    Chevrolet Astro Cargo Van
    Chevrolet Blazer
    Chevrolet Express Passenger Wagon
    Chevrolet Uplander Cargo Van
    Chevrolet Venture Cargo Van
    Chrysler Sebring
    Chrysler Sebring Convertible
    Dodge Caravan
    Dodge Magnum
    Dodge Stratus
    Dodge Neon
    Dodge Caravan Cargo Van
    Ford Crown Victoria
    Ford Focus
    Ford Freestar
    Ford Taurus
    Ford Freestar Cargo Van
    GMC Safari Cargo Van
    GMC Savana Passenger Wagon
    GMC Safari Passenger Wagon
    Hyundai Accent
    Hyundai Elantra

    Hyundai Sonata
    Hyundai Tiburon
    Hyundai XG350
    Isuzu Ascender
    Jaguar XJ-Series
    Jaguar XK-Series
    Kia Amanti
    Kia Optima
    Kia Rio
    Kia Spectra
    Land Rover Freelander
    Mercedes-Benz G-Class
    Mercury Grand Marquis
    Mercury Mountaineer
    Mercury Sable
    Mitsubishi Eclipse
    Mitsubishi Endeavor
    Mitsubishi Galant
    Mitsubishi Lancer
    Mitsubishi Montero
    Mitsubishi Outlander
    Pontiac Aztek
    Pontiac Bonneville
    Pontiac Grand Am
    Pontiac G6
    Pontiac Montana
    Pontiac Montana SV6
    Saturn Ion
    Saturn L300
    Saturn Relay
    Suzuki Grand Vitara
    Suzuki XL7
    Suzuki Aerio
    Suzuki Forenza
    Suzuki Reno
    Suzuki Verona
    Toyota Echo
    Volkswagen Phaeton


*Comparison Based on Price, Insurance Costs, Finance Costs, Repair Costs, Safety & Resale Values




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