Looking to pay the smallest amount possible on a new 2015 or 2016 car? A no money down car lease may be your answer.
Not only will you get the lowest monthly payment on a new car but there is no upfront money required to put down.
To find out if a no money down car lease is right for you just answer the few questions below;
- Do you drive about the average amount of miles per year or less?
- Do you usually trade in a new car every 2 to 3 years?
- Do you keep you car in top cosmetic and mechanical shape?
If you answered "yes" to all of the above questions then choosing a no money down car lease may be right for you.
Leasing a car means that you are paying just for the amount of time that signed for on the lease. Most leases typically are for 24, 36 or 48 months. At the end of the lease you normally have the option to purchase the car for a predetermined amount or you can simply return the car.
If you decide to return the car and have many more miles on the car then you were alloted or have major wear and tear, the leasing company will normally require you to pay stiff penalties. This is where it may not have been in your best interest to lease a new car.
No money down car lease deals are great for those people who have limited funds but want to drive a new 2015 or 2016 car.