What To Do If You Don't Like The Car You're Leasing

About a year ago I leased a Subaru BRZ; I thought it would be awesome. Now I'm annoyed by the lack of power and could really use something with more space. How would I go about getting out of the lease? Should I suck it up and pay the penalty, or stick it out and wait until the lease is over? » 2/18/15 11:56am 2/18/15 11:56am

Four Reasons Why Leasing Is Smarter Than Buying 

Welcome everyone to round three of the Car Buying "Great Debate" series. In the party-pooper corner, Tavarish says that leasing a new car is really just a slavery-inducing rental and you are throwing money away. However, if you work the numbers right, leasing a vehicle may be the smarter way to drive a new car. » 1/22/15 12:03pm 1/22/15 12:03pm

Would You Lease A Used Car? 

New car sales had a record year in 2014, this also means that dealers were taking in more trades than before. Now used car inventories are piling up and dealerships are looking for ways to put budget minded buyers in more expensive pre-owned cars. According to a recent survey, we could see the rise of pre-owned… » 1/21/15 11:38am 1/21/15 11:38am

The Tesla Model 3 Could Lease For About $200 Per Month

Elon Musk announced yesterday that the upcoming Model 3 would be priced at $35,000 before any incentives. This is a tall order and I am skeptical if Musk can actually deliver, but if he does, he will drop a bomb on the highly competitive entry level luxury lease market. The Model 3 may even be the cheapest luxury car… » 1/14/15 1:17pm 1/14/15 1:17pm

Model Year Leftovers Aren't Always Cheaper Leases

Car shopping wisdom says that you could save big by choosing a leftover when a new model comes out. Dealers are more likely to discount the previous generation and make room for the refreshed car on the lots. However, when shopping for a lease the older car might not be the best value. » 12/16/14 11:12am 12/16/14 11:12am

The $29,900 Mercedes Was Nothing More Than A Marketing Gimmick 

In September 2013 Mercedes released the compact CLA for $29,900. It was the first "affordable" Benz since the C coupe that Mercedes would much rather forget about. That sub $30k price was a hook to get new lessees into the dealership, and it worked. Just fifteen months later Mercedes quietly raised the price. » 12/15/14 8:33am 12/15/14 8:33am

Should I Buy A Certified Pre-Owned Luxury Car Or Lease A New One?

I really like the new BMW 228i but it is out of my price range. It would seem that a CPO 128i might be a good alternative. I have a budget of about $25,ooo and would be willing to use 5 grand for a down payment. However, I don't drive that much and I'm thinking that leasing might be an option. What should I do? » 8/25/14 10:06am 8/25/14 10:06am

Spanish Bank Giving Away Free Citroen With New Account

Open a saving account with Spanish bank Banesto and they’ll give you a brand new, all-expenses-paid car. To qualify for a vehicle, a customer needs to lock between $26,400 and $235,000 into an account for at least 24 months, with the type of vehicle offered depending on how much one invests. For $235,000 and 36… » 9/26/08 2:20pm 9/26/08 2:20pm

GM Plans Lease Tweaks To Encourage Consumers To Buy What They Can Afford

Automotive News reports GM sales chief Mark LaNeve sent a letter to dealers outlining the company's plans to adjust its leasing strategy. GM's letter follows a move last week on leases by Chrysler. While the company won't be going down the same route, having their captive finance entity ditch leasing altogether,… » 7/31/08 12:30pm 7/31/08 12:30pm

Volkswagen Offers New Jetta, Passat Lease Deals

Volkswagen hopes that, if it can't sell its Passats and Jettas outright, it'll at least be able to loan them out to people for a couple of years. Following a 21.4 percent year-on-year drop in VW brand sales this past October, the company is offering new, subsidized lease deals with the intent to stimulate a pickup in… » 11/16/05 8:39am 11/16/05 8:39am

What Would Walter Preston Brownlow Drive? Leased Cars of the US Congress

Beltway rag, The Hill offers a quick-and-dirty (it is Washington, you know) on the practice of using official funds to lease vehicles for lawmakers' personal use. It seems congresspeople get to lease cars for two years, spending an average of $646.53 per month in taxpayer dollars. And they're not exactly riding in… » 9/07/05 11:23am 9/07/05 11:23am