Zero Down Car Leasing-Is It A Myth ?
- August 22, 2019
- Lease Deal
- Posted by multisitevip
- Comments Off on Zero Down Car Leasing-Is It A Myth ?
It can be very off-putting when you are asked to put cash down before you actually sign a lease deal. I mean you don’t do this with any other product so why do this with a car? Actually these days you can find zero down lease deals. Contact a lease dealer in Miami and see what zero down deals you can negotiate. As with all car deals you should do your research ahead of time.
The Reality of Zero Down Car Leasing
What An Incentive
You might want to take advantage of the manufacturer’s incentive on a car. You can never predict when an automaker will offer zero-down lease deals. It is usually to clear out a specific vehicle or to make room for another one. If a zero-down lease is important to you you may have to be flexible on the make and model.
Good News For Good Negotiators
Another way to get a zero-down lease is to negotiate skillfully and demand a zero down lease. However, no matter how good you are at negotiating it may not be an option. More often than not, dealerships and finance companies can be persuaded to incorporate the lease’s down payment into the car’s monthly payments. It may be easier to negotiate if the car is not in high demand or if there are many left in the showroom at the end of the car year you might be able to get the company to waive the down payment altogether. Timing is everything.
Favorable Terms For Reliable Customers
Having a good credit score is a must. Simply put drivers with good credit are generally considered less of a risk. A good reputation means a driver with good credit qualifies for the best deals in the view of financiers. If your personal credit rating isn’t good enough to qualify for a zero-down lease, ask someone who has a good rating to cosign your loan, but remember that you’re putting their credit at risk if you default on the payments.
So it is not a myth. Zero down car leasing deals are available if you are willing to negotiate or search for them. For some dealers, it is a way to attract customers.