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Former Car Salesperson Spills the Beans About the Best Tactics to Lease a New Vehicle

By Jason Elliot, published Jul 30, 2007
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When I sold cars, we had very in-depth sales training. One facet of the car sales business we were well educated about was leasing a car as opposed to outright buying a car. This article is to help pass on what I learned from my car sales training about whether you should buy a car or lease a car. This topic is probably one of the most misunderstood by the general public. There are a lot of misconceptions and inaccuracies about leasing a car as opposed to buying a car. Hopefully, this article will help to clear some of these issues up.

When it comes to leasing a car, it can be quite confusing for the average consumer. It doesn't matter what your reasoning is for wanting to lease a car, the most important thing is you get the best value for your money. In this article, I will help you do that.

If you're in the market for a new vehicle and know that you want to lease that vehicle; pay attention to commercials on television and newspaper advertising. What you're looking for is what is called factory subsidized lease deals. The reason the car dealers run these promotions is because they realize that you are more likely to be repeat customer, if you lease a car, rather than buy one outright. When they are running these promotions they work with the leasing company and adjust the residual value of the vehicle and offer low financing charges. You should also be aware of the term subvention. When a particular model of car is not selling as well as it should be selling, auto manufacturers will use a subvention. A subvention is a subsidy on the cost of the car, which will save you money

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