Best Cars for Lease Deals

When looking at cars for lease, you should realize that not all cars are created equal. Some cars are better suited to lease than buy. This is due mostly because of the rate of depreciation. It is determined that a car will lose 50% of its value over 3 years. This means that if you lease a high end car, you will only have to pay on half of the value rather than the full value. Here are a few of the best cars to lease for the best mileage for your money.

High-End Exotics

Vehicles like Jaguars, Mercedes and BMW make great cars for lease options. While these vehicles retain a little bit more of their retail value after 3 years, they will still depreciate to the point where you will owe more than what they are worth. Leasing these types of vehicles means that you will be able to save your money and only pay the actual value of the car.

High Resale Values

Some cars just retain more value than others. For instance, a Mini Cooper will hold more value than the similarly priced Kia Amanti. Before entering into a car lease for a new car, look at the overall resale value of the car. This will help you keep your payments lower and secure a great car for lower than similar priced cars.

Sport Utility Vehicles

When looking at cars for lease, a consideration to look into are vehicles that are highly sought after. For the last few years, and for the foreseeable future, the sport utility vehicle is one that can will hold its value after a 3-year lease better than a standard 4-door vehicle. However, there is some risk with this. A vehicle that is saturating the market will drop its value more than one that is not as widely distributed.