New cars are coming out in droves and it’s easy to get caught up in all the buzz.
Here’s a guide to help you navigate through the endless variety.
What’s the ground lease?
A ground lease is a term you use to extend your lease by a certain period of time.
The term is usually four years, with no extension allowed.
The key is to understand what it does, how it works and what it’s for.
Here’s how it applies to your lease:You’ll pay a base price, usually $500 a month, for the lease to run for the first four years.
It’ll decrease each year to $250, but you’ll have to pay the rest off each year.
The base price depends on the model you buy, but it’s usually $100 per month for the base model and $125 for the Premium, which includes a new set of wheels.
The amount you’ll pay depends on a number of factors, including the type of vehicle you buy.
For example, a sedan, a crossover or a compact, which comes with a larger engine and less cargo space, might get a lease for a total of $300 a month.
You can also take advantage of extended-lease discounts.
These discounts apply to certain vehicles or parts, including paint and the exterior paint.
These can also be applied to the base price of your lease.
Here are some common terms and conditions that may apply:• Your lease will run for at least four years and you can extend it up to 24 months if you buy a new vehicle.• You can buy a vehicle for less than the base-priced price of the vehicle if you pay a $150, $300 or $400 down payment, whichever is lower.• The base-price lease payment is the base amount of the lease.• If you buy an extended-rate lease and it comes with paint that’s not currently available, you may qualify for a discount.• It’s not necessary to pay for the paint, but the paint may not be free of charge.• Any repairs that require regular or frequent attention, such as minor maintenance or repairs, are covered by the lease agreement.• Your vehicle is covered for up to 10% of the cost of repairs.• All payments are made using a credit card, not cash.
You’ll need to have a car that meets the manufacturer’s specifications for the type and amount of space you want in your car.
There’s no specific criteria for which models you can get an extended lease on, but there are guidelines that you should know.
Here is a list of the most popular models that qualify:• The Toyota Camry, with its 2.5-liter four-cylinder engine, is the most common model for a ground lease.
It’s priced at $26,900 per year.•The Chevrolet Silverado and Ram 1500 come in the same size and are the most expensive for a base-rate car, costing $39,400.•A Nissan Pathfinder is also popular, but for less money.
The cheapest model is a 3.0-liter V6, priced at about $25,400 per year, and the base option comes with 18-inch wheels and a manual transmission.• Ford F-150 is the cheapest option for a new-vehicle lease.
The Ford F150 starts at $36,900 and comes with 16.5 inches of space, or 1,200 pounds of luggage, for a price of $23,600 per year for a two-year lease.
The average price of a new car in 2018 is $22,800.
This figure includes options and incentives, including a $1,000 cash bonus.
The average price per mile driven in 2018 was 7.3.
For comparison, the average car in 2016 was $26.50, and for the last year was $24.47.
If you have any questions, contact a local auto shop or lease agent.
The best ground leases aren’t always available online.
If they’re, the best place to look is the dealer.
Here are the main factors to consider when finding a lease:The ground lease can be offered to multiple vehicles or you can lease a vehicle that has all the equipment needed for the car you want to lease, such a stereo, audio system, satellite navigation and more.
You don’t need to be an experienced car buyer to find a ground-lease lease, and if you are, you’re better off contacting a dealership.
If a dealer can help you with the details, that’s great.
It helps you avoid buying a car with the wrong lease terms.
Here aren’t all the options for a good ground lease:• A dealer will have a list available online that shows the vehicles available for lease and how much you’ll be paying.• Some dealerships will sell you a brochure to help explain what’s available.• There are also services like lease