Car Leasing Companies: An Online Comparison

You can find hundreds of car leasing companies online, but knowing what to look for can help you to narrow down your choices. Here's what you need to know.

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Reputable Companies

Chances are if you've never heard of the company, or if they were on page 5287 of your Google search, you will probably want to stay away from them. But just because the company popped up on the front page doesn't necessarily mean they are reputable either. It just means they have money to spend for advertising. You want to make sure you are only dealing with reputable companies. You can check sources like user forums and the Better Business Bureau Internet department to be certain.

Know Your Car

Before you can start comparing lease terms, you really should have an idea of what kind of car you want. The more specific you can be, the more accurate your comparisons will be. For instance, if you just want a sedan but don't know what kind, you will end up having to search many times to find a car and price you like. But if you go in to the search knowing that you want a 2007 Mercedes SLK, then you will be able to compare monthly payments and terms very easily.

Know What Terms Suit You Best

If you want to drive a spiffy new car but don't want to commit yourself to many years of payments, then a shorter term lease is the best option for you. If that isn't important and you plan on driving the car for some time, then you can opt for a longer lease. A lot of companies won't deal with short term leases, and a lot won't deal with longer terms either. To avoid confusion sit down first and figure out exactly how long you plan on keeping the car. This will help you as you start to compare your options.