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October, 2009
In the past, I've
received e-mails regarding leasing hybrid
cars, or more precisely, the inability to lease
hybrids. Even when a lease is offered, the terms of the
lease are simply ridiculous.
Since the gas spike of 2008, hybrid leases have begun to emerge with more favorable options, including leases on the new 2010 Toyota Prius.
Unfortunately, however, there are supply issues with many of the latest and hybrid hybrids, including the Ford Fusion hybrid. And the Prius has been limited by battery supplies.
Eventually, this could lead to lease favorable leasing options on many hybrid vehicles.
In the past
For example, Scott e-mailed me and told me that he tried
to lease a Mercury
Mariner hybrid, after putting a down-payment on the
next Mariner hybrid to arrive at his dealer. When it
arrived, the dealer would only lease it at an extremely
high rate.
Don't use the
dealership for your hybrid lease?
I once looked into a lease for a Toyota
Prius and the general manager of the dealership told
me, " I can lease it to you, but you are not going to
like the payments." He went on to tell me about how
he had been yelled at, called a liar, and that he had
potential customers walk out of of his shop over Prius
leases.
Ultimately, I didn't lease that Prius. The payments made a
purchase a better decision.
According to Leasecompare.com leasing hybrid
cars has just become easier and cheaper..
“Hybrid car leasing has been limited to dealer lease
offers, where available,” notes Shebesta. “Now,
consumers can choose the vehicle and the dealer and go
online to LeaseCompare.com to select the best lease among
many offers.”
LeaseCompare.com is the best alternative to dealer
leasing and, as the name suggests, provides an interactive
tool to instantly evaluate leasing options from a number
of sources. Customers can lock in a competitive lease
quote they like and apply for credit online. ACS
facilitates the lease and pays the vehicle seller.
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