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Reply to "Are you supposed to negotiate lease deals?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, definitely negotiate. Use truecar as a starting point but you can often do better than that. People post deals they've gotten on edmunds.com too. I always check that. Some brands offer better deals than others. I like luxury cars and mercedes as always offered better deals than Audi, BMW, Lexus and Volvo even though I may have preferred an Audi lets say, it was not worth an extra $100/month for a comparable car.[/quote] Yes, some brands simply lease better than other -- these manufacturers inflate the residual value of the car so they depreciate less over the lease term (meaning you generally pay less as a lessee), and they hold their value well. So, a relatively cheaper lease is subsidized in some sense by a higher residual value, which is used to price the car for sale once it's off-lease.[/quote] Mercedes leaser here - you can also get a better deal if you are flexible on model. Due to the residual value pp mentioned and also the interest rate offered depending on model (it is not called interest rate but something else I forget), certain cars that they want to get rid of may be available for less money than their more popular cheaper version. You should ask about this at the dealership if you're flexible - what are you trying to get rid of, what has the best residual and lowest rate right now.[/quote]
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