Your Car Buying Advocate

DECEMBER 5, 2023

He loves to teach consumers the ins and outs of making great car deals. This guide helps explain zero down lease deals. It covers the different types of these deals and provides information on what to consider when entering into them. If the actual market value is higher than the residual value, it might be a good deal.

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Shawn Ryder

JANUARY 21, 2025

Initial Payment: Many leases require an upfront payment, which could be akin to a down payment but usually termed as a “capitalized cost reduction.” Lack of Clarity on Other Costs: Ensure you clearly understand the associated fees like acquisition, disposition, and potential end-of-lease charges.

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Shawn Ryder

JANUARY 18, 2025

Typically, when leasing, you’ll come across various requirements including credit checks, proof of income, and possibly a sign-on fee (often referred to as a down payment or capitalized cost reduction). A sign-on fee is an upfront cost that some dealerships and leasing companies request when you sign your lease agreement.

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Canadian Auto Dealer

JUNE 3, 2024

CADA-backed technology helps dealerships manage their lots and recover stolen vehicles W ith the rising tide of stolen vehicles plaguing dealerships across the country, dealers need help protecting their inventory and recovering stolen vehicles. The insurance companies deal with this from a lot control perspective.

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Shawn Ryder

JANUARY 18, 2025

However, the down payment, also referred to as a capitalized cost reduction, is the initial amount you pay upfront to lower your monthly payments. Discuss Options with Your Dealer Once you have your budget and research completed, communicate openly with the dealership. Can You Adjust the Down Payment on a Lease?

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Carscoops

DECEMBER 6, 2024

Hot on the heels of Polestar starting production of the entry-level , single-motor 3 in the US at its Charleston, South Carolina facility, the electric carmaker has announced new financing and lease deals for some of the higher-end models. Both the new lease and financing deals run until January 2, 2025.

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Carscoops

NOVEMBER 28, 2024

The company also offers 0% APR financing for the Model 3 and Y, which might be a better deal. The fine print also reveals that third-party dealerships can now buy out the leased vehicles. Why Is Lease Buyout A Big Deal? Leasing a Tesla could be smart if you don’t qualify for the $7,500 federal EV tax rebate.

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