Before you get a lease...........

Before you apply to the car lease you should really need to focus following  things. Read carefully and get the idea.
The best lease deals are usually offered through the manufacturer in the form of subvented lease deals. When a manufacturer offers these lease deals, they typically lower the interest rate (called money factor), and/or increase the residual values to make the lease more affordable. You can see if a manufacturer is offering special lease deals by contacting dealers directly.

1. Always negotiate the price!
Many don't realize that you can negotiate the purchase price of a vehicle when leasing. This is called the capitalized cost, and it's a major factor that affects your monthly lease payment.
Be sure to use my Car Buying Method to negotiate the best lease deals.

2. Choose a Car with High Resale Value
When you lease a car, you're mainly paying for the usage of the vehicle. At the end of the lease, it's worth a lot less than when you first started driving it. You're responsible for paying this depreciation cost - which is the largest portion of a lease payment. By choosing to lease a car with high resale value, you minimize this depreciation cost.

How to Lease vehicle

Here we are going to learn how to car lease help you drive a new vehicle without paying a large sum of cash or taking out a loan.To lease a car, you simply make a small down payment — less than the typical 20% of a car’s value you’d pay to buy– followed by monthly payments for the term of the lease.

How to Lease
Leasing a car is less complicated than buying one. But to get the best deal on the car you want, you must still follow these steps:

• Step 1. Choose a type— What kind of car do you want? Better yet, what car do you need? A convertible? A sedan? An SUV?

• Step 2. Pick your models— Make a list of car types in your price range. You can reduce non-lease costs by including models with favorable gas mileage, high dependability, top safety features and low insurance premiums (ask your auto insurance agent for a list of vehicles that fit the bill).

• Step 3. Take a test drive— Once you’ve narrowed your list to a few models, take each car for a test drive. Pay particular attention to comfort, visibility, braking, steering, internal noise and shock-absorption. At this stage, don’t yet mention you intend to lease (more on this in Step 6).

• Step 4. Ask about safety— During your test drive, ask the salesperson whether the vehicle comes with anti-lock brake systems (ABS), electronic stability control (ESC) and head-protecting side air bags. All are valuable safety features.

• Step 5. Compare lease deals— When you return home from the dealer, calculate the lease deals on offer and figure out how much you can afford to pay monthly.

• Step 6. Talk price first— Once you’re ready to return to a dealership to strike a deal, don’t tell the dealer you plan to lease until after you’ve negotiated a purchase price. Most people who lease are unaware that their monthly payments will be based on the final agreed-upon price.

• Step 7. Negotiate up— Negotiate the final price of the vehicle up from the rock-bottom cost to the dealership. You can find out what new cars cost a dealer for $14 per vehicle at Consumer Reports. Your monthly payments will be based on the price you and the salesperson settle on. That price will fall somewhere between the dealer’s wholesale price and the manufacturer’s suggested retail price.

• Step 8. Beware of gab— Your salesperson may try to push you toward closing the deal by focusing on the relatively low amount you’ll have to pay each month. This, however, will add to the total amount you’ll pay.

• Step 9. Paying the Lease— The larger your initial down payment, the lower your monthly tab will be. As with any bill, you’ll face penalties if you fail to make payments on time. Turning in your leased car early, before the loan term ends will typically result in a penalty—unless you are trading in the car for another leased or purchased car.