How do I lease a car?

Question by ashpool: How do I lease a car?
Do I go to car dealers? Do I contact rental car companies? The former seem to only sell cars, while the latter seem to only rent cars. Where do I lease cars?

Best answer:

Answer by AH
All new car dealers also lease cars.
Things to remember about leasing: you have to return the car in good condition or you will be charged for every ding and scratch. You cannot exceed allowed annual mileage or once again you will be charged for every extra mile and lastly you are responsible to make sure the car has 100% comprehensive insurance policy to protect the leasing company’s asset. You also cannot modify the car in anyway, unless you can return the car to stock before you return it. The car also has to be serviced regularly as per the maintenance schedule.

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3 thoughts on “How do I lease a car?

  • January 30, 2014 at 11:40 pm

    You lease new cars at the same place as you buy new cars — at a new car dealer.

    However, it sounds like you have no idea how leasing works or even if it would work for you. You need to spend some time doing your homework on how leasing works. Otherwise, you will make a BIG mistake. The web site below will be a good start for you:

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  • January 31, 2014 at 12:34 am

    You lease a car from the dealer. Be sure you know exactly what the lease says before signing! There are many pitfalls in leasing a car. Could be hidden charges and it will be very expensive if you exceed the allowed yearly mileage, usually about $ 1 per mile. Leasing a car really isn’t very practical for the average person.

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  • January 31, 2014 at 12:58 am

    Most car dealers will offer credit or hire purchase when you go to purchase the car, if you choose you don’t want the car after this time some companies will let you return the car and they will write off the rest of the loan. But not all dealers allow you to do this and will carry on making you pay even if you sell the car on, often refusing an early repayment and it can put you in a sticky situation.

    Take a look at this post explaining hire purchase:

    You’ll have to copy paste as i can’t post (clickable) links until I answer more questions :p

    Hope that helped

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