Independent Car Lease Companies

To lease, you have two possible choices: either lease through a dealers finance source or through an independent lease company. an established trader has a captive finance source, which can be the car manufacturers financial company, such as BMW Financial Service, Honda Motor Credit or General Motors Credence Corporation (Gmac), or a major national bank such as Chase Manhattan. Independent lease companies are no financial obligation to any single one maker financing source, but work with dealers anywhere in the nation.

So which one is better?

Conventional dealers render better lease-deals on limited-time promotions. Factory-subsidized cars that have subvented money factors and residuals are very attractive lease deals and can be very hard to beat anywhere else.

Independent lease companies can offer you indifferent and professional advice on vehicle option regardless of make and model. This is because they are not tied to a single maker or financing source, unlike established dealers who have to sell specific models. They can also be more pliable regarding negotiating lease footing like residual value and milage. Ultimately, if you prefer a more personal and customer-oriented relationship with your leasing agent, then you will do well with an independent leasing company.

Posted on May 17th, 2008 by Petra Benton

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