The best car lease offers and auto lease rates

Car lease offers are pretty plentiful today and the auto lease rates vary from company to company. Despite the offers, rates and promotions you can negotiate your way to a really great car leasing deal. You can negotiate the value of the vehicle, length of the lease, mileage allowance and the individual vehicle options to get the lease that is right for your individual needs.

Nearly all auto lease rates take the value of the car into consideration when determining the car lease offers to advertise. You can negotiate the price of a vehicle you want to purchase and you can also negotiate the price of the car to lease.

This is the place to begin when looking for a great deal in leasing. The value of the vehicle is the primary factor of the gross capitalized cost; therefore, the lower the value is the lower the monthly payments will be overall.

The manufacturer, dealership or leasing company will often offer a special incentive that reduces the value of the vehicle and if this is the case there is likely little to no wiggle room in negotiating the value of the vehicle. Knowing the leasing company’s cost is important, this way you know where you can begin negotiating. This information is usually available on the Internet as well as certain publications.

Additionally, the capitalized cost reduction, similar to a down payment when purchasing a vehicle, is negotiable. The more you pay up front in the cap cost reduction fee the lower the monthly payments will be.

If you have the money up front then this is a good option for lowering your monthly payments, if not you can look into different cap cost reductions that can put into your monthly payments.

This of course will mean higher monthly payments. You may also be able to negotiate the lease charge which will also lessen your overall costs.

The length of the lease and mileage allowance is also places that can be negotiated to make the auto lease rates and car lease offers right for you. In most cases the leases are for two to five years; however, nearly any time period between these is possible.

You may have to look for the right leasing company that will meet your needs; some only offer 24 or 36 month leases while others will over as little as 12 months or as much as 60 months.

Some car lease offers and specials will offer a 39 month lease instead of 36 months which will spread the depreciation costs over a few more months and lower the monthly payments.

Negotiating the mileage allowance is important to avoid end of lease fees for going over the mileage you set in the contract. The usual mileage allowance is 10,000 or 12,000 miles per year but some extend to 15,000 miles. If you think you will be driving more than the allotted and agreed on miles you will want to negotiate this and have it put into your agreement.

Having choices and a variety of car leasing locations to choose from will be a good negotiating tool as well. If you live in a more rural area it may benefit you to travel to a larger area for better deals and leverage.

Driving the extra 50 to 100 miles to reach a larger area such as Anchorage may result in car lease offers that will greatly benefit you and put you in a car you will be happy with for the length of your lease.

Drive out in a Chevy Malibu, Honda Odyssey or a Cadillac Escalade with a monthly payment that you can afford. And when your envious neighbors want to know your secret, it’s up to you if you want to share or not!