Questions to ask a leasing agent
Have you decided to lease a car? Congratulations! This is one of the best decisions you could have taken. But, if this is the first time you want to lease a car, then you will have to ask some questions to the dealer, because you have to make sure that they will offer you the car you need. Also, you will have to negotiate the lease arrangement, and some factors might help you obtain a great offer. If you will ask the leasing agent the right questions, then you will see the process as a simple and fun one. But it is important you to fully understand the process, and evaluate the deal you get. There are some critical areas you should have knowledge of, because you not only that have to get a low monthly payment, you also have to make sure that you get the best deal on the market.
Can you offer me a lease special?
You will notice that on the market, there are leasing agents that have special offers. So, if you want to opt for Nissan leasing you can ask the agent you want to work with, if they can offer you a discount or special offer. In the majority of cases, these special offers can help you save a lot of money. In addition, you should ask the agent if there are any additional expenses, you should know about, because the monthly payment might include fees and sale taxes.
What is the residual value of the car I want?
If you want to get a good car residual value, then you should look for one higher than 70%. In this way, you know how much your car will value at the end of the contract. You should keep in mind that this price is an estimate.
What interest rate do you offer?
You can negotiate the interest rate with the leasing agent, but you have to understand what it implies. The leasing agent will convert the rate into a decimal number, but if you do not understand what it means, you should multiply it by 2400, and in this way, you will find out the rate. According to your credit, the leasing agent will establish the interest rate, but on the market there are multiple companies that try to attract customers by offering low interest rates. So, you should check the offers from your region.
How many miles will the contract include?
You should not forget to ask the agent this question, because you might have the impression that you get a great deal, and then you find out that the lease includes a limited number of miles. In this case, you will notice that the lease is not the best deal you could find on the market, and you will regret not asking the agent from the beginning. If you will exceed the number of miles, you have established in the contract, you will have to pay a certain fee. So, it is important to ask the agent, to avoid dealing with this type of issues.