The European Association of Automobile Manufacturers (ACEA), which represents the 15 leading European manufacturers of automobiles, vans, trucks and buses (see BMW, Volvo, Ford, Volkswagen, Daimler, Renault, FCA, PSA …) has requested ” Put more emphasis on an integrated road safety strategy .”
This means more annual research and development budget – more than the 54,000 million euros used by the sector per year – to make passenger cars and commercial vehicles even safer. But, and the roads for when? Continue reading Car manufacturers give priority to active safety in the face of lack of road maintenance
Leasing is among the options you have when you need a vehicle. Just like with buying a car, it is important to negotiate when leasing a car. Shopping around for leasing options enables you to negotiate different aspects of the contract. These include prices and the miles that have been allocated.
Research and Comparisons
In instances where manufacturers create stringent lease programs, it can be challenging for dealers to work on their prices. When you want to negotiate your leasing price, you need to carry out some research before getting in touch with the dealer. Research involves comparing prices online and contacting different dealers to find out what leasing deals they have to offer.
Costs are negotiable and bargaining effectively will be determined by various factors. A low total price will reduce the cost of your lease payments. It is essential for you and the dealer to have a mutual agreement regarding the cost of the vehicle before going into other details of the deal.
Leasing a car means that you will be renting it for a specified period of time. There will be limitations in terms of mileage, and you cannot customize the vehicle according to your needs. The car should be returned in its original state to avoid violating the terms of your contract. Any contract breach may lead to financial implications when the lease expires.
During the process of bargaining a vehicle lease, some variables can be modified to suit your budget and lifestyle. Before signing any lease and making a commitment, you should fully comprehend what it contains. Stipulated regulations determine the facts that need to be disclosed in the legally binding agreement.
Important information in the lease agreement includes interest rates, upfront payments, taxes, the value of the vehicle and relevant fees. The lease should let you know what is regarded as damage and indicate what the financial penalties would be for such circumstances. Cars that retain their value are a good option because their high worth when the lease ends can lower your monthly payments.
The mileage allocated to you limits the amounts of miles that you are entitled to drive. The penalties for exceeding allotted mileage are among the features of the lease that can be adjusted through negotiation. If you are unable to bargain for the reduction of fees, you can discuss the prospect of increasing mileage with the dealer.
Down Payments and Interest Rates
The amount you are required to put down is also up for negotiation. Leases can be created without down payments although this may result in a slight increase in the cost of monthly payments. Another area of your lease agreement that you can discuss is the interest rates.
There is always the possibility of interest rates being reduced to help you bring your costs down. If you want to get out or into a lease, there are various terms that can be adjusted to create a comfortable fit for the specified requirements you have.
We understand cars are expensive, and we aren’t just talking about the upfront costs that come with purchasing a vehicle. Regular car maintenance is definitely necessary, but it is not cheap. To maintain the value of your car and to avoid further depreciation it is important to service your vehicle regularly. Keep track of the services you have done to your car so you know when to have it serviced next. Not only going in when you think your car should be service, but also having your car checked every year by a professional is important. Continue reading Regular Car Maintenance
One of the most acclaimed auto majors of the world, Renault was having a more or less non-consequential existence in India ever since they started their operations here. There were a handful of cars available in the Indian market, like the Fluence, which did not make many waves here. Continue reading Renault Duster – Single-handedly Leading the Charge