Auto Lease Insider

tag:blogger.com,1999:blog-67736312532798234242011-06-08T00:05:50.964-05:00Auto Lease InsiderEmpower yourself with the knowledge to get a great lease deal by reading this online publication, Auto Lease Insider. Authored by Tarry Shebesta, a Certified Lease Consultant and President of LeaseCompare.com. Auto Lease Insider packs over 15 years of real life experience into an easy-to-read format.Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.comBlogger81100tag:blogger.com,1999:blog-6773631253279823424.post-27072132217931980732007-03-27T21:51:00.000-05:002007-03-27T21:53:51.102-05:00Auto Leasing Glossary

Acquisition Fee: This is a fee that most lessors charge to cover costs of setting up the lease. It can include GAP Insurance, Residual Value Insurance and Contingent Liability Insurance.Capitalized Cost (Cap Cost): This is the financed amount of the lease and is comprised of the vehicle selling price, lease fees, sales tax or other added items.Captive: This term is used to describe the auto

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.comtag:blogger.com,1999:blog-6773631253279823424.post-15890996516170204702007-03-27T21:41:00.000-05:002007-03-27T21:43:11.935-05:00Lease Insider FAQs

Do I need an extended warranty?If your lease term extends past the manufacturer’s warranty period then yes, you need an extended warranty. For a new car lease it is usually better to lease for no longer than the term of the original manufacturer warranty.What is GAP insurance and do I need it?GAP insurance is needed when the potential balance of your lease is greater than what your insurance

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.comtag:blogger.com,1999:blog-6773631253279823424.post-15699271130074698112007-03-27T21:27:00.000-05:002007-03-27T21:35:49.219-05:00My lease is over. Now what?

Congratulations! You’ve made it to the end of your lease term. The big question you need to answer is do you want to keep the car or turn it in? Here’s what you can expect and what your options are:If you’re within the last 90 days of your lease you’ve probably received communication from the lessor about what your options are.There are a couple of things you should do BEFORE you turn your car in

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.comtag:blogger.com,1999:blog-6773631253279823424.post-32205171463551764232007-03-27T21:12:00.000-05:002007-03-27T21:16:03.377-05:00Terminating a lease early

You may want to terminate your lease early due to a life changing event or the desire for a different car. It can be difficult and it can be expensive. Here’s my advice on how to handle the situation.The first thing you need to do is determine your lease payoff. Call the lender and ask them what it is. They will probably give you a number that includes sales tax. Ask them if they can also give it

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.com0tag:blogger.com,1999:blog-6773631253279823424.post-40987309524651274242007-03-27T20:33:00.000-05:002007-03-27T20:59:54.156-05:00Making sense of the numbers

Knowledge is power. If you arm yourself with understanding of the terms below, you will be able to negotiate a better deal.The secret leasing formulaThis is the formula used by most industry financial institutions and captive finance sources to calculate a closed-end lease.(Capitalized Cost – Residual Value) / Total Months of Lease = Monthly Depreciation(Capitalized Cost + Residual Value) X Money

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.comtag:blogger.com,1999:blog-6773631253279823424.post-12649089966489659382007-03-26T21:34:00.000-05:002007-03-26T22:00:53.930-05:00I want to lease! Now what?

Now that you’ve decided that leasing is for you, I will tell you exactly how to get the best lease deal. Several factors determine what is best overall, you cannot choose based on lowest monthly payment alone.Step 1: Select a vehicleChoosing a vehicle that you know you’ll be able to keep for the duration of the lease is important. Terminating a lease early can be costly, so choose your new car

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.comtag:blogger.com,1999:blog-6773631253279823424.post-44228340666975316402007-03-26T21:06:00.000-05:002007-03-26T22:05:25.163-05:00Why should I lease?

Before we even attempt to answer this question, you need to decide why you are purchasing a new or used car and what driving habits you have. Choose which of the three leasing types below applies to you: Type 1: I need a vehicle for my business.This is probably the most popular reason people choose to lease. For a business or commercial lease, the payment can be listed as a monthly expense that

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.com0tag:blogger.com,1999:blog-6773631253279823424.post-57215633471384391172007-03-25T20:39:00.000-05:002007-03-26T22:11:16.000-05:00Insider Introduction

Hello, I’m Tarry Shebesta, President of Automobile Consumer Services, Inc.What you are about to read in this online publication is different from other leasing articles and guides. The information posted here is based on many years of real experience in dealing with consumer’s transportation needs.As a certified lease consultant, I am often asked “why should I lease my car?” Well, my answer

Tarry Shebesta, OCLChttp://www.blogger.com/profile/00457022073461042294noreply@blogger.com