What a great video taking the mick out of Americans stating they need training on how to use lings website. This will be posted around the globe and great marketing tool for the mad china women (her words not ours). This is something other car lease companies need to emulate, and porbably quite simple with animation. Of course ling became semi famous with here appearance on Dragons Den and her claims to have the cheapest car lease deals in the country ( abrave claim, subject to challenges). Anyone who is tarhet online car lease leads will need to treat lings cars with respect as the marketing is creative and fun. An alternative to lings cars is Leasebam, which does not publish prices, but allows real people quote with real prices. not as much fun but more business like for those who want to save time, save money and have a little more sanity in their business arrangements.
November 15, 2009
September 23, 2009
Leasebam Added New Video
As some will know Leasebam is a car lease site that gives cutomers choice on their car lease deals from several vehicle suppliers. They have created theri new video that explains exactly what Leasebam is all about, although maybe a bit long.
It does desribe the benefits of search for car lease through a site like leasebam that does not publish any out of date or exagerated car lease prices
August 28, 2009
Car Companies Cut Down Leases
While leasing is a beneficial offer for car owners, many manufacturers don’t make profits by leasing cars. In an attempt to cut down the losses, several car companies announced that they are going to cut down car leasing options.
Chrysler has announced that no more Chrysler cars are available for car lease here after. The company announced total withdrawal from car leasing. However, existing lessees who own Chrysler cars need not worry, as they are not affected. Ford has also announced that an increase in price of SUV and truck leases will have to be managed by its dealers. BMW is also making efforts to make rigid leasing conditions that would bring some profit to the company.
Residual value of the car after the lease term is very important in a lease contract. Even though the car is used by someone else, residual value made it possible to reuse the car. Cars naturally have depreciation value and because of the increased gas prices, larger models are suffering a lot from depreciation. Experts never estimated that the value of such cars would reduce so much in the future. Finance companies are facing a huge loss because the residual value of cars after leasing is very less.
Car companies and finance credits made profits taking advantage of residual value in the cars. As the residual value decreased so much, there is no opportunity for the companies to make profits with leasing. Thus leasing which was seen as a win-win situation for car companies and car owners has now become a burden for car manufacturers. This is the major reason for car companies to withdraw or partially abandon car leasing option.
August 25, 2009
Aspects to Car Leasing
Car leasing is when you get into an arrangement with the car company for using the vehicle for a particular amount of time as specified. The payment you make has a fixed monthly installment to it.
Let’s look at some of the important aspects that you need to thoroughly need to consider in a Car lease:
You need to check for the length of the lease contract. In most probability the contracts are for a period of 18, 24, 26 or 48 months depending on the understanding between you and the leasing company.
You need to negotiate a right deal with the car leasing company, some common ground which is beneficial to the two of you. This is because most car leasing companies, buy more than one vehicle at a time, and therefore get a lot of benefits that they can pass on to the customer.
Check for a car that has a good residual value when you’re finalizing your contract with the car leasing company. This will definitely help reduce the cost of monthly installment that you will have to pay.
You will need to check the agreement to see if there are any strict clauses like the early termination penalty. These clauses need to be analyzed with careful consideration.
The leasing company may charge you for extra mileage usage, and therefore before entering into any kind of contract it is advisable to estimate your mileage usage.
There are usually clauses in the agreement that make the customer pay extra for any wear and tear that the car has borne. This clause needs to be checked again, and should be read with careful attention.
Although the customers are not to make any changes to the car and if he wants to, he will have to bear the extra charges to modify it. And before returning it to the company will have to probably get the car back in its original condition.
August 22, 2009
Leasing or Buying a Car: what’s the Better Option?
We are regularly faced with this query, on what the better option is leasing or buying a car. Some haunting questions that have both pros and cons making it even more difficult to choose.
The cost of the car is definitely more when is calculated with an estimate deprecation of 24 months as against the rental cost of the car for a period of 24 months, especially if it’s a new car that you’re looking at. Let’s look at benefits for both the options that will help us get to a right deduction.
Buying a car benefits: One non argumentative benefit of buying a car is that in the short term you will be the owner of the car. With this implication it will be alright to say that one day your loan period will eventually come to an end and you will be off the car loan list. You obviously are no longer questionably by anyone, especially when one day you want to sell your car. The other advantage is that the insurance limits are much lower than that if you would lease. By being the owner of the car you can keep increasing the mileage without any fear of economic penalties.
Benefits of Leasing: One biggest benefit of a leased car is that you don’t have to spend too much when you’re getting the car and when you need to maintain it. There can be no down payment and if there is it is minimal, also there are no payments needed to be made for sales tax. Along with owing a new car possibly every year, your monthly installments will also be lower. Since you will be paying the depreciation cost of the vehicle, the payments are not heavy.
It is upto you now to decide which one to go for once you fully understand what your requirements are.
August 19, 2009
Three Benefits of Buying Car Lease Online
In the modern internet era, you don’t have to approach one dealer after another in order to buy a car lease. Just connect your computer to internet and hit the search button to get a variety of online dealers who are ready to lease cars to you. These dealers are like traditional dealers providing you leasing contract when you lease the cars.
The greatest benefit of buying car lease online is convenience. You don’t have to search for dealers in your area. Many local dealers have their own online leasing website. You can simply find a dealer in your area and buy car lease online without even moving away from your home. Several online dealers provide incentives and discounts for clients who buy car leases online.
You can get several options for car lease when you use the internet. You don’t have to compromise anything when you search online. You can get a car of your choice from online dealers. Cars in various categories are found online and it is practically impossible to find such a range of options when you try to buy car lease on your own.
Comparison shopping can be best done using online car dealers. Getting cheap deals without the need for negotiation is possible using online car lease options. You can visit as many car lease websites as possible from your own home and find the cheapest deal in your locality.
Because of the benefits of online car leasing, many people prefer to buy cars for lease using the internet. New cars and great discounts are available in various car lease websites and finding one such website should not be difficult for you.
August 16, 2009
Car Lease Ads – Read Between the Lines
Leasing a car is the best option to drive a car of your choice and still save money. However, this is possible only if you know how to differentiate a good lease deal from a bad one. Many people in UK pay more than the sticker price for a leased car and still believe that they have got the best deal. Dealers now show more interest in leasing cars because they can make money leasing the car.
While looking at an actual car lease ad, you will not be able to find a good deal. You must know to read between the lines to understand the actual meaning of fine print. Lease period is what you should watch more closely. Any lease longer than 48 months will not be beneficial. Many dealers advertise longer lease period only for the purpose of advertising lower monthly lease amount. In the ad, you must understand if the lease is open end or close end lease.
Acquisition fees are always involved in car lease. This is a hidden fee in most of the cases and you won’t know about it unless you ask about it. This fee is not negotiable. Some car lease advertisements will specify the maximum allowable miles. If you drive more, you have to pay additional charge for every extra mile. In the advertisements, car lease amount specified is always exclusive of tax unless mentioned otherwise. As you read the fine print, you will know the minimum down payment required to get the lease. Apart from down payment, first lease payment, security deposit, tax, and other extra fees are applicable for all types of car leases.
Sometimes, a time period will be specified in the advertisements. In most of the cases, this time notice is given just to pressurize you to buy the lease at the earliest.
July 28, 2009
Savings on High Mileage Lease
Car lease is normally used by people who can’t afford to buy a car at the moment. People prefer to lease cars instead of buying them because they can change their cars frequently. There may be many other reasons for leasing a car. Once you have a car, you need to take care of high mileage, particularly, when you intend to buy the car at the end of the lease period.
If you have determined to buy the car at the end of the lease period, you must carefully choose your lease contract so that you can save on extra mileage charges. Take a low mileage lease and purchase the car at the end, saving the amount you have to actually pay for the extra mileage. Before driving your car, you have to plan all trips you intend to make and then look for combining short trips to reduce overall miles covered.
High mileage contract often increases your lease payment because high mileage will decrease the residual value of the car based on which lease amount is determined. You can go for a favorable purchase price contract if you are a high mileage user. You should also look for other possible leasing contracts that help you save money.
Those drivers who are heavy users of cars should consider leasing diesel cars instead of petrol cars. Diesel cars have significant advantages over petrol cars in some situations. The main advantage is the savings in mileage. You can get 30% – 40% more mileage in diesel cars. Moreover, diesel is 30% less expensive than unleaded petrol. This also saves money in the long run. However, diesel engines may create noise and they have comparatively lower horsepower.
July 25, 2009
Leasing Luxury Cars – A Wise Option
In UK, people prefer to drive luxury cars for pleasure and pride. If you are the one who pays attention to the usage of money, you must lease luxury cars instead of buying one. Cars have depreciation once you start driving them. By leasing a car, you will not pay the full price of the car while enjoy driving the car for the lease period.
Leasing luxury cars is no different from hiring ordinary cars. The difference lies with the cost involved. Leasing luxury cars is definitely expensive. However, it is a lot more cheaper than buying luxury cars. When you lease a luxury car, you become the temporary owner of the car. Once the lease period is over, you can either lease another luxury car or buy the same car depending on your lease terms.
Investment is a wise option only if the value of the asset increases. Cars depreciate in value and hence, by the time you payback the loan for your own car, you will spend a lot more than the actual value. Leasing luxury cars saves you a lot of money that can be used for some other useful purpose. Moreover, you can experiment driving different luxury cars when you lease, while this is practically impossible if you decide to drive only your own car.
Several dealers offer different types of luxury cars for lease. You have to choose the dealer depending on what you want to lease and how much you can afford. As many dealers have online websites, you can get leasing information about various dealers easily from their websites. Then, you must spend time in analyzing the information so that you get what you want.
July 22, 2009
Why would you choose a Car Lease over a Purchase?
You might not think that there is any reason to choose a car lease over a purchase; yet you would really need to re-think that position for a few different reasons. One of the reasons that people choose to lease a vehicle rather than buying that particular vehicle is to get a pretty good idea whether or not it really does fit into their specific lifestyle and will also be something that they can financially afford to do in the long run. Something else that you will want to check out by leasing a car/vehicle is to see whether the more conventional makes of vehicles (Ford, Chevrolet, Honda, Kia, Jeep, etc.) will work out better for you or are some of the more prestigious makes (Aston-Martin, Jaguar or Mercedes among others) the right choice for you.
Another thing that you need to think about is how long you are going to lease that vehicle for. By this we are speaking about the following lengths: 18 months (1.5 years), 24 months (2 years), 36 months (3 years) or 48 months (4 years). Granted, these are shorter than the “standard” amount (60 months/5 years) of time that you would usually be paying for a vehicle purchase. There are so many other things that you will need to take into account before you even decide that you are going to sign that lease; many of these are going to cause you to take a serious financial hit if you are unaware of them.