Sports Car Lease Deals
Are you considering getting your first new sports car without breaking the bank? We offer the best lease deals on some of the most luxurious sports cars, like the 2018 BMW 430i xDrive Gran Coupe and Nissan Leaf Nismo. Some of these deals include monthly payments as low as $640 per month for 36 months.
What to consider before leasing a car
Don’t approach a car lease head-on without first understanding the intricacies and terms governing the deal. Below are some of the factors you need to consider before finalizing a lease deal.
- Acquisition cost: The acquisition cost refers to the downpayment you make to arrange the lease. Note that not every dealership charges this amount, so you need to be sure.
- The buyout price refers to the amount you pay to end the lease and buy the car. This amount usually reduces due to depreciation and the number of months you have already paid.
- Purchase option agreement: This is up to you. If you think you might want to buy the car at the end of the lease period, this agreement lets you know how much it might cost at that time.
- Security deposit: This fee is charged by the lessor to cover any damage that happens to the car during the period it was with you.
- Residual value: The car’s total value after the lease period ends.
- Mileage allowance: There is a limit on how many miles you can drive the car annually. You don’t want to exceed this clause as it can warrant extra fees.
- Lease term: Usually starts from 12 months to 48 months; it refers to the length of time in which the lease will be active.
- Cap cost (capitalized cost): This refers to the actual present price of the sports car. With good negotiations, this price can be reduced
There are a few other things to keep in mind, like the cap cost reductions, gap insurance, disposition fee, and money factor. It would help to ask your dealer these questions before proceeding with the lease.
How do sports car lease deals work?
Car leases work exactly how any other kind of lease would.
- The first step to leasing a sports car from us is to check and be sure of your credit score.
- Once that is settled, you want to know how much you can afford to pay for a car every month. It is more important to go with something that matches your budget than to go with one that looks the most appealing to you.
- Test-drive different cars within the price range you can afford to find the one that best suits you.
- The mileage cap is an important factor to consider when leasing a car. Ensure that the mileage allowance matches your driving habits.
- Negotiate prices, fees, and allowances before finally signing documents.
The process is often straightforward when you work with an experienced sports car dealer like Capital Motor Cars. Visit our showroom today and let us help you choose the best car for you.