Good Car Leases

Car odometer at 100000 miles

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Everyone’s on the move these days, and it’s not always easy to keep up with the most modern trends.  That’s why automobile leasing has become such a well known alternative for new car drivers.  Some industry insiders will be adamant that leasing is the most cost-efficient way to drive the newest models, but not all leases are good deals.

The secret to finding a great lease is the ability to distinguish between  an exercise in up selling and a good deal. Read more . . .

Charitable Tax Deductions

Bills and coins in a donation box

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People who give to charity do so generously, without a tinge of “what’s in it for me”.  But even the most earnest philanthropists will concur that a tax break can make the good feeling you get from giving, even better.

When you contribute to your favorite charity, ensure to let the tax agency know.  Charitable tax deductions are legitimately and readily available to you.  Your donations to charitable organizations can add up to a sizeable deduction when you itemize them on IRS Form 1040, Schedule A. Read more . . .

Leasing Scams

Office space for rent

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One of the first lessons we learn about business is to take the guarantees of your car dealer with a grain of salt. Of course, there are honest sellers who have your best interests at heart, but the sale still reigns utmost with many.  Now that leasing is becoming such a popular option with today’s consumers, the old car dealer scams have taken new shape.

It seems that, these days, there are as many people leasing cars as buying, and with good reason.  Leasing offers Read more . . .

Lease Buyouts Explained

If you’re leasing a car, the day will ultimately come when those expensive monthly payments finally come to an end.  And then,  absolute reality hits you.  You’ve just spent hundreds of dollars monthly for several years on end, and it’s time to return the car back to the dealer.  Lease buyouts can offer a substitute to walking away from the dealership with nothing to show for your hard earned cash.

If you decide to keep your car at the end of the lease, you should do a little research to make sure that you’re getting a fair deal.  First, you need to know the full  amount involved in buying out your lease. Read the fine print in your agreement, and find the “purchase option price”. This amount is set by the leasing company and is normally composed of the residual value of the car at the end of the lease, plus a purchase-option fee ranging anywhere from $300 to $500. Read more . . .

When Does Leasing Make More Sense Than Buying?

car-sunset-roadway

Shiny day

(NC) Choosing whether to lease or buy your brand-new vehicle can be a difficult choice. Both options have their advantages however discovering the right alternative for your pocket book will depend mostly on your individual lifestyle. John Roth, VP of Sales, Service, and Advertising at General Motors of Canada offers some idea and contrasts between leasing and purchasing:

Leasing

* Leasing durations usually last two to three years. This is an excellent alternative for those who want to change to new vehicles regularly. Read more . . .