Glossary | ||
Negotiating Terms and Comparing Lease Offers
Introduction
|
The vehicles you are considering may differ in some way (for example, the accessories may differ). Also, the leasing terms and conditions may differ. Be sure to take these differences into account when comparing lease offers. Some items in a lease are truly not negotiable, for example, those items preprinted on the form. But by shopping around and comparing the terms offered by different lessors, you may be able to save money on these nonnegotiable items. Before you sign Leasing is a complicated financial transaction, so it pays to learn about your rights and responsibilities when leasing a vehicle. Contrary to what some people believe, there generally is no 3-day right of rescission under federal law when either buying or leasing a vehicle. A dealership may have its own policy for vehicle returns within 3 days, but be sure you see these policies in writing before signing any agreements. Before signing your lease agreement, be sure to review your lease documents to make certain the terms and conditions you have negotiated have been entered in the blanks:
|
Next: What's negotiable?
|