What Is Car Leasing Anyways, And How Does It Work?

Published on: 15 June 2018 Last Updated on: 24 July 2024
Car Leasing

Put plainly and simply, car leasing gives people the option of getting a car with a smaller down payment and typically lower monthly payments for a set number of months with a set amount of mileage allowed during the time the customer has the vehicle. All of the variables listed there are what’s known as the “lease agreement”, which covers all the terms and conditions of the car. Leasing is an awesome option for drivers, but it’s one that unfortunately not a lot of people understand all that well, so this article will endeavor to explain how exactly leasing works, and how it can be a better alternative to buying.

Leasing can be a better alternative than buying because it allows you to drive a higher-priced car – one that you would not be able to normally be able to afford – for affordable monthly payments. In most big Canadian cities, like Toronto, Vancouver or Halifax, someone can get a lease on a new car for a low price, drive that car for typically up to three years and then turn the car back in at the end of the lease term. Leasing is kind of like renting a vehicle, in that you do not own it and you will turn it back into the dealership at the end of the lease term.

Another reason that leasing can be preferable to buying is that it allows customers to get a new vehicle at the end of each lease term (if they so choose) without risking negative equity on a trade-in (and thus incurring higher monthly payments for the new car that they get). Leasing can also include perks like having standard service included and having the ability to carry over your down payment from one lease to the next (provided you continue to lease with the same dealership). Leasing has also become very popular with people that don’t necessarily drive a lot. Since leases come with a set amount of mileage (and penalties for going over the mileage) people that live in cities or close to work can take advantage of the lower lease prices for lower mileage lease options.

Here in Canada, where there are lots of car dealership options, many dealerships offer perks to returning lease customers, to keep them from going to a different dealership, so it is a good idea to look at a dealership’s returning lessee offers to see if they are a good fit before entering into the initial lease agreement. These are certain small considerations you can learn more about over here at the AUTO ONE Group Blog which does a pretty comprehensive job detailing leases.

Leasing is a great option for anyone looking to get a new car but doesn’t want to get roped into the large down payment and protracted loan payments associated with buying. If you live in the city here in Canada, it’s worth taking the time to seek out loan options on cars.

Read Also :

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

fog lights

How to choose and install the right fog lights tint?

Fog lights, which are installed to ensure that the driver can see the road even through dense fog and climate conditions, usually come in limited color options. The most popular ones being white. In some of the best fog lights available; one would either use the blue fog light tint or yellow fog light tint. If you are confused as to which is better, you should read more. Fog lights tint popular colors: 1. Yellow Fog Lights Tint The drivers might prefer yellow for the lights as it pierces through the fog easily and even in rain and darkness. A lot of people prefer replacing white lights with yellow bulbs or try to use super bright and powerful white lights. However, yellow is considered the best for fog and rain to aid the driver's invisibility. The main cons of this colored tint are that once you switch the lights off, the yellow flashes remain for a while and it is not ideal for daylighting as it is really warm for a sunny day. 2. Blue Fog Lights Tint The Blue tint will give a bright color and are very popular in European regions. Blue Lights are considered useful as it cuts through fog, rain and bad road conditions. They are better than halogen lights and are considered highly energy-efficient and consume low power. However, they take time to power up. Blue lights will take a little time to reach their maximum brightness. At times, blue lights, if powerful can be blinding and takes a while to do away with the flashes which may affect the driver while driving. You should always choose the tint for your lights depending on how and where you want to use them. It is always simple to tint your existing led fog lights if it’s one of the best fog lights available with a yellow or blue vinyl film which is easily available in your nearest hardware store or even online. Also, it is a super cheap alternative and provides you with the option to change it as per your liking. It can be easily peeled off. In addition to this, the vinyl film will also protect your lights and are resistant to corrosion. This helps you to change your fog light color in case you decide otherwise. Tints are easy to install and since they are not that expensive, they can be replaced in case you are not happy with the finish. Install a tiny film in 6 easy steps by yourself Step 1: Purchase the right colored film Evaluate your weather conditions and your usage of the vehicle. Ask your friends if they have used a tint before to see what color is the best. Also, keep in mind the traffic laws. A lot of traffic regulation certain colors as it can be blinding. Step 2: Gather your tools You will require a cut-kit, which is simply a collection of different sizes of blades to help achieve the perfect finish. You will need a clean cloth and cleaners to clean your lights, a dry cloth, a water spray, and a hairdryer. Step 3: Clean your headlights It is very important that you clean your headlights well. If there is any dust left, you will end up getting it stuck on your headlights. Clean it using a cleaner liquid and ensure it is clean and that there are no dust particles left behind. Step 4: Position your film Remove the back of the tint film and uncover the adhesive part of the film. Now place t carefully on the flat side of the headlight so that you get a good start on the film. Step 5: Apply the film uniformly. You can spray water on the top of the film so you can easily glide it through the entire headlights. Once you position your film, try to swiftly but steadily cover your entire headlights. In order to cover the curved areas of the lights, use a hairdryer to heat the tint so t can easily get curved out as per your need. Make sure that you do not use too much heat as it might just damage the vinyl film. Step 6: Trim the excess Vinyl Film After you are done applying the film, ensure that you trim the excess parts carefully using adequate sized blades with clarity so that it looks neat. Seek help if needed. Check if there are any bubbles and then try to use heat on them with a hairdryer such that the bubbles go away. You can also choose to pop the bubbles with a needle if required. Now that you know more about the different colors of tint and how to install them, you can decide which color is most suitable. Also, choose a good quality tint for the best fog lights that you purchase. On the other hand, always buy extra tint because you might not get the perfect finish in the first attempt. You can also buy hella fog lights or motorcycle fog lights if you want. Image source Read More :  A Rundown Of The Basic Led Lighting 5 Places you should see if you’re visiting Hong Kong for the first time

READ MOREDetails
How Long Can You Go Without An Oil Change_

How Long Can You Go Without An Oil Change?

How long can you go without an oil change? Is this something that you have been searching for? If yes, then you have reached the right place for an answer. We all know that we need to change the oil of the engine once in a while. But, really, how long can we go on without changing it? And what happens if we don't do it for a very long time? There are so many things that you will learn in this blog. So there is one thing you need to do! Keep reading this blog till the end to learn more… How Long Can You Go Without An Oil Change? Image Source: di-uploads-pod27.dealerinspire.com If you are searching for the answer to "how long can you go without an oil change," you have come to the right place. The answer is simple, yurt not! So bare with me, and let me explain. Previously, car owners were advised to go for an oil change after every 3,000 miles. This was long back when the condition of the engines was not as high as they are now. Technology has changed the way we live now. And it has also been able to improve the quality of the vehicle engines. That is the reason why now, cars can generally go from 5,000 miles to 7,000 miles without an oil change. However, this also depends on the quality of the oil. For example, if you are using synthetic oil for your vehicle, you might not need an oil change for a very long time. Most people who use synthetic oil for their car can go on for 10,000 miles to 15,000 miles without an oil change. So, the shortest answer to "how long can you go without an oil change" will be 5,000 miles to 7,000 miles. How Often Should You Get An Oil Change? While it is true that in modern times, you can go on without an oil change for up to 5,000 miles to 7,000 miles, waiting that long is still not ideal for the engine of the car. The interval that you should keep in mind for an oil change generally depends from car to car or from manufacturer to manufacturer. In the case of most cars, manufacturers recommend that you get an oil change twice every year. This means that it does not matter how much or how many miles you have driven; it is still best to get your oil changed every six months. The car manufacturer usually recommends the optimum time interval for an oil change, and it can be found in the manual. All the cars these days have a monitoring system that tracks the oil life for your mileage and other driving habits. This system helps you to understand when it is time for an oil change. Why Should You Get An Oil Change? There are a number of people who still are unaware of the reason why you should get an oil change for your vehicle engine. Here is the reason why you need to get an oil change and why it is required: Lubrication: Oiling the engine of the car makes sure that there is enough lubrication to keep the engine working. As the car engines work together, it causes a lot of friction among them. Oiling the engines creates harmony and ensures that they are able to keep the car in good health. Impact On Gas Mileage: One of the most important reasons for oiling the car or going for an oil change is that it has a positive impact on the gas mileage of the vehicle. It makes sure that there is a reduction in fuel consumption. Regulates The Engine Temperature: Last but not least, an oil change is essential as it helps to regulate the temperature of the engine. It keeps to components of the engine cooler by lubricating and reducing friction. How To Know If You Need An Oil Change? Image Source: di-uploads-pod20.dealerinspire.com When an oil change is necessary, there are a number of warning signals that you may look out for. So if you are someone who does not know when the engine needs it, you need to check on these warning signs. Take a look at these: Burning Smell: When the engine needs an oil change, you will often get a smell of oil burning. This smell is strong and often fills the cabin or the front seat. The Dashboard: The dashboard of the car, where all the vitals of the engine is shown, plays one of the most important parts in indicating when you need an oil change. Change In Color: The color of the engine oil is mostly clear and amber. If you have not gone for an oil change in a long time, you will notice that the oil has turned black while collecting all the debris from the engine. The Engine Makes Noise: This is the most important indicator. However, you should not wait so long. If there is not enough oil in the car, the engine will start making a noise because of friction. Wrapping It Up! A lot of people often ask about how long can you go without an oil change. If that was something that you were searching for, I hope that this article has been of help to you. If there are any other questions that you might have related to the same, please do not hesitate to ask me. Scroll down at the bottom of the page to leave your queries in the comment box. And I will be there with all the answers that you need! Read Also: How To Choose The Best Wheels And Tires For Your Vehicle? Car Wont Start After Getting Gas – How To Fix This Problem? Car Shakes At Idle But Smooths Out While Driving – How To Fix This Problem?

READ MOREDetails
Car Covers

What Factors To Consider Before Buying A Car Cover?

One of the most affordable ways you can keep your car looking good and retain its value is by buying a car cover. The market is flooded with lots of options. It can be daunting to pick the right one for your car. Covering your car is essential and they are used for different purposes. The major reason why you need a cover for your car is to keep your car clean and in the best condition when it is not in use. Other reasons why you need a car cover include: To protect your vehicle from pests, animals, and birds Keeping dust at bay Preventing your car from UV rays and rain To deter thieves Some Key Questions To Ask Before Buying A Car Cover Don't just wake up one day and buy any cover for a car that attracts your eyes. There are many things you should think about so that you can get the cover for your car that suits your needs. Some of the questions you should ask yourself include: Should I Buy A Waterproof Car Cover? There are different types of car covers on the market that are made with different materials. Where you pack your car will determine the type of car cover to buy. For instance, if you do not have a garage and you park your car outside, it would be prudent to buy a waterproof car cover. The cover will protect your vehicle from rain when you park outside. What Color Is Suitable For Your Car? Most people don't pay attention to the color of the car cover provided that it does its work. It is great to consider the color of the car cover before you buy. Do you want a model that matches your car? There are different color options on the market to suit the taste and preferences of many buyers. You can select the color you love but remember the color to matters when it comes to outdoor protection. If you stay in areas where it is warm and sunny, it would be great if you buy a lighter colored car cover. I would recommend silver because it has great reflective qualities. Again, if your car has a light color, then you need a car cover with a light color. Where Do You Park Your Car And How Often Do You Use The Car? Do you park your car outside in the garage? Do you use your car as a hobby car or for a daily commute? If you park your car outside, you need to invest in a good car cover. This would call for a lightweight car cover that is perfect for outdoor use. Having a lightweight car cover makes storage and folding easy when you want to use the car. If you park your car outside in places where children are likely to play, you need to have a quality car cover with an extra layer. There are many durable and scratch protection car covers that you will find on the market that will offer superior protection. If you park your car indoors, you need a tight car cover that is designed from a heavier fabric. This is crucial in protecting your car from dust. You can also consider a model with extra padding that will be easy on the car's paint. What Are The Weather Conditions Around Your Place? If you are a smart buyer, you need to consider the weather before you buy a  cover for your car. You should be able to buy a car cover that will handle the climate in your area and weather conditions. For instance, if you live in places near the Atlantic or Pacific, you need a cover that can handle salt air. If you live in wet areas, then you need a car cover that is water-resistant and breathable. If you live in a place where it is hot and sunny, you need a car cover with UV protection features. Also Read: 5 Most Important Benefits of Car Title Loans Other Tips That Will Help You Get The Best Car Cover If you spent your money purchasing your beautiful car, you would love it to maintain its new look for many years. This is why having a car cover is crucial to protect your car when it is not in use. Cheap Is Not Always The Best The first rule when choosing a cover is to avoid settling for too cheap models. At the end of the day, you will get exactly what you pay for. However, this doesn't mean that you have to drain your bank to acquire the most expensive car cover. There are so many affordable models on the market that work well. Reputable Dealers Another thing that will ensure you buy a quality cover is buying from reputable dealers. The market is flooded with many sellers such that it can be hard to know the best. Do your research well and read reviews to find reputable sellers on the market. Find out how long they have been selling car covers? How is their customer service? Do they answer questions if you have a problem? Clean Your Car Many people buy quality covers but they end up compromising their function by putting them on a dirty car. This is wrong! After some time, you will hear many questions like, does your car cover scratch the paint on your car? The main reason why a car cover can scratch the paint is if you use it when your car is dirty. You need to clean your car first before you cover it. Read Also: How To Handle A Car Accident? Final Words Finding the best car cover should not be problematic if you know what you are looking for. This guide covers some essential tips that will help you pick the right car items. Before you make your final purchase, take note of the above tips and you can be sure that will serve you well. Again, remember to choose a quality car cover from the top manufacturers on the market. Read Also: How To Choose The Best Wheels And Tires For Your Vehicle? Important Tips To Maintain Your Luxury Car What Do You Need To Change Car Rims?

READ MOREDetails