5 Factors to Consider with Leasing a Nissan
Leasing a Nissan is a good option to go with if you cannot currently afford to buy the car. Monthly payment and upfront costs of leasing a Nissan can be quite lower than buying the car. There are numerous lease options and lease specials available with several local Nissan dealer for you to consider. However, there are a few things you need to consider when leasing a Nissan. Here are the 5 factors.
1. Have you been offered lease specials?
A local Nissan dealer can offer Lease Specials, which are basically discounted offers for leasing a Nissan. Make sure to read the contract carefully so that there are no hidden charges that can be levied on you later.
2. What would be the total cost of the Nissan lease?
Lease options come in different varieties. You need to consider the total cost of the Nissan lease when choosing an option. Make some space for overhead future charges in addition to the monthly payment. If the total cost exceeds the cost of buying a Nissan, it might be better to not lease the car but to buy it.
3. How many miles are being offered?
While some lease contracts allow for 10,000 miles per year, some even go as high as 25,000 miles per year. Depending upon how you plan on using your car, you will need to consider the miles being offered in the contract and re-negotiate the deal if required.
4. What is the duration of the lease period?
Ask for the warranty period of the Nissan before you sign a lease contract. Make sure that the duration of the lease period ends with the warranty period or before it. This way you’ll avoid any overhead charges in the future, which could even double your monthly payment in some cases.
5. What is the money factor?
Make sure that the money factor mentioned in the contract is appropriate for your approved credit score and that you aren’t being charged a higher interest rate. Identify this value, multiply it by 2,400, and find out your interest rate.
So, if the interest rate is not appropriate for your approved credit score, it is a wise choice for you to look at other lease options with some other local Nissan dealers. For the best deals, visit the Sansone Windsor Nissan dealership in Windsor, NJ. This outlet also serves customers from Cranbury, Princeton, and West Windsor.