back to articles | December 31, 2018 | Dale Peterson

Categories: Leasing a Car

Auto Lease Quote

Get More Than One Auto Lease Quote

The beauty of online auto leasing is that you can quickly, easily get several quotes to lease the automobile you want. There is no need to travel between dealerships to find the best deal or counter offers. Once you have prepared yourself to lease, all you need to do is request auto quotes from respected online companies.

Online auto leasing companies offer many tools to make your online leasing experience as informative as possible. Auto leasing companies even explain rates and offer tips about how to get the best deal. You can search for the automobile of your choice, compare it to other similar autos or even search for the exact features you want in the auto you lease. Some online auto leasing websites offer you several different quotes to choose from.

Why Should You Get More Than One Lease Quote?

Competition! When auto leasing companies compete for your business you are assured the best auto leasing rates. After you have done your homework and understand how auto leasing works you are ready to start negotiating. Your goal is to get the best auto lease quote. The leasing company's goal is to get your business. If you are a savvy negotiator, have armed your self with information and understand leasing terminology, you are in a good position to get a good auto lease quote.

You would think getting more than one lease quote would be a common practice; surprisingly, it isn't. Many people just don't think to use several companies to search out the best auto lease quote. Big mistake. Once you get your original quotes and start counter offering other leasing company's quotes, you'll be amazed how fast your quotes will drop in price.

How to get More Than One Auto Lease Quote

Use the Internet to research which auto leasing companies are most respected. Choose several and then apply. Most of the web sites you go to will have a "Request for Quote" form. Fill it out and send it in. Most of the time your lease quote request will be routed to auto dealerships in your area. Typically there is a 24 hours turn around time. Some companies will offer a quote immediately to cut out the competition. However, be sure that auto leasing company is reputable before proceeding.

Auto Lease Quotes From Out of Town Dealers

There is nothing wrong with an auto lease quote that comes from a dealership outside of your geographical area. Delivery fees for leased automobiles are usually low. Additionally, quotes for out of town competition shows the in town competition you are serious about getting the best quote and sometimes lowers the price even more.

If you decide you are more comfortable with an in town dealer you can talk to face to face, make sure you still go thorough the online auto leasing quote process. You want to bring your online leasing quotes with you to negotiate. Wait until the in town dealer has given you his best price then show your other quotes. You will be recognized as someone to deal with. Since the dealer's goal is to lease you the automobile, they will typically drop their price immediately.

How Are Auto Lease Quotes Decided?

How much an automobile lease quote will be depends on variables related to you and variables related to the economy. As national economic trends fluctuate so will auto lease rates. Your credit worthiness has a lot to do with how good of an auto lease quote you will receive. Automobile leasing quotes will typically reflect the market value of the auto you want to lease. How much you pay above that amount is almost solely due to your skill as a negotiator.