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- High-end car companies typically don’t subsidize deals and offer incentives nearly to the extent that low-mid-range vehicle manufacturers do. Furthermore, luxury car dealers don’t like to be viewed as “discounters.” You’ll rarely see large rebates being offered. - Source: Internet
- Many existing car leases were taken out months ago when car manufacturers were offering incredible money-losing deals and low monthly payments. Some of the people who took those great lease deals now need to get out after losing jobs or suffering other financial distress. Most lease companies allow the leases to be transferred to someone else by simply paying a transfer fee. - Source: Internet
- Finance companies who lease luxury cars typically require their clients to have “prime” credit ratings. This means a high credit score of 700 or greater. Lower credit scores can mean higher lease rates, large down payments, and security deposits — and possibly higher insurance rates. If you don’t know your credit score, you should. Get a Dark Web Scan and your Experian Credit Report for FREE! - Source: Internet
- Being money-wise is a typical characteristic of high-end car leasers. They are not trying to save a few bucks — they have the cash to buy the car they want. They simply know that it’s not smart to put money into depreciating assets (automobiles) when that money could be used for more productive purposes. - Source: Internet
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