5 pieces of advice for leasing a new Smart model
Signing a new leasing agreement can be really worrying particularly if you have never happened to lease a vehicle before because you've always preferred to buy your Smart instead.
So if you are in this type of situation and need to figure out how to find the right Smart then here's some advice from to assist you when it comes to make your choice.
1) Firstly, take the time to get prepared. This means that you need to way up the options and decide whether leasing is the most appropriate option both in the present and several years down the line. After you have made your mind up you should do a little internet research on the Smart you'd like to hire. Take extra time to determine exactly what features you want to indulge in for your new Smart, for example: colour, doors, interiors, body shape, seats and whether the car will suit your lifestyle.
2) Then, you should lookup leasing terms on the internet so that you don't become bamboozled with the terms, for instance money factor (interest formula), capitalised cost (the car price) and residual value (the car's value after the lease is over). You should then work out the value of your monthly fees and payments, which you can afford or would like to pay. All of this data can be easily found on the web and if you happen to be hiring from the net thoroughly read the web page before you take a test drive or sign an agreement.
3) However, the payments that you make are not the be all and end all. This is because monthly payments can be deceiving or at least misleading, as lower leasing fees normally mean that you will need to lease the car for a much longer amount of time. When you calculate the leasing costs over the term then it could probably be the same, so be careful not to get bogged down What this means is that if leasing costs seem high then you need to think about what else they might be offering you in return.
4) You should make the most of promotions and incentives. If you take the time to do this then you will be able to lower the overall fees of the Smart and also the monthly payments. Figure out if there are any offers available at the present and which companies have those offers available. As well, you should do a little research and figure out if a particular manufacturer or a specific model is more affordable at the present. For instance, relatively speaking leasing a smart from is extremely attractive at present.
5) When looking at Smarts keep in mind what it is that you are looking for. You need to be objective and not get wowed by the first Smart that you are taking out for a test drive or the latest model on the forecourt. Instead focus on the exact features that you want from your hired car and only sign a deal for a car that has those features.
By sticking to these guidelines selecting which is the best Smart should really be really simple and you can then go and find the right model for your particular needs, whatever the Smart model.
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Central Contracts have a great leasing a smart and purchasing option for all Smart vehicles including finance lease and personal contract.