Can I Really Lease That Car In The Newspaper For That Price?

Leasing represents one of the most difficult concepts for most consumers to understand. So it's no surprise that car dealerships love to use lease Miserlou in their ads to confusion people and make their prices appear incredibly low. Don't feel bad if you have trouble understanding the leasing process, I've spoken to people with MBA's who could not decipher O Come All Ye Faithful lease payment in a car dealer's newspaper. So, as the auto insider let me show you how to easily estimate what the real monthly lease payment Love Boat be for a car advertised in a car dealer's newspaper ad.

First allow me to bust your bubble, if you are reading your local paper and you see an ad for a car you like, with a monthly lease The Prisoner you can afford odds are you can not bring that ad to the dealership, sign a couple of papers and drive away with the car you want with the payment you saw in the newspaper. Sadly it does not work that way. I can not say with 100% certainly that there is not a dealer anywhere that advertises accurate lease prices, but I feel comfortable telling you virtually every advertised car lease payment is significantly lower than what you would be quoted when you are sitting in that dealership.

To prove this point I've randomly selected an ad from my newspaper, picked a car and I'll show you how to get a car's marijuana addiction lease price. The car I have selected is a 2008 Mazda CX-9 All Wheel Drive Sport Edition. This car recently won the 2008 Motor Trend SUV of the year and it's a beautiful car. From the description in the newspaper ad it is nicely equipped and the lease price is $229 per month for 24 months! WOW, according to this ad I could be driving home this afternoon in one of the best cars available ANYWHERE and only have to pay $229 per month. Heck, at first look I can drive this CX-9 for 2 years and it will cost me less than $5,500 ($229 X 24 months)!! For a deal like this I should run, not walk to that dealership.

Let's take a minute to see if this $229 lease price is... accurate. Now I've ripped the ad out of the paper and I am sitting in front of my machine. Looking at the ad the lease price is a big, bold number that I can see from across the room. But, there should be other numbers in the ad that are printed in near microscopic type that we need to help us check what it will really cost me to lease this car. These numbers are usually located in one of two places, the smaller type directly under or on the side of the picture of the car; these numbers are included with the vehicle's description. Information like the number of cylinders and doors the car has, does it have air conditioning (A/C) etc are called the car's description and in this area you may find some important figures. The second place you need to look for key figures is in the disclaimer. The disclaimer is usually at the very bottom of the advertisement. To find it hold the ad away from you at arm's length and look for two or more lines of very small type running the entire width of the ad (if the disclaimer is not at the very bottom, it is usually contained in the bottom 1/3 of the ad). From the vehicle's description and the ad's disclaimer you should be able to find the following:

Vehicle's sale price - very seldom do they list this in ads, but they will list the MSRP and we can use this number.

Cash down and/or trade-in amount - these numbers are often referred to as money down, trade or down payment. If the only figure they give you is the total due at signing or amount due at inception, this figure includes any down payment or trade-in amount plus any bank fee or security deposit.

Bank fee & security deposit - you'll want to gather these figures if they are not rolled into the total due at signing.

Residual or purchase option - this is the calculated worth at lease end.Lease term - this is the number of months your lease will cover, in the CX-9 ad it's a 24 month lease.

Miles per year - this is the number of miles per year your lease allows before you must pay an overage penalty. Sometimes this number is broken out by year, in my ad it's 10,500 miles per year. Other times dealers list it as the total mileage allowed, if they did that in my ad it would read 21,000 miles (10,500 miles x 2 - remember, it's a 24 month lease).

OK, now that you've identified all the numbers we need we can figure out what my REAL monthly payment would be for this CX-9. To get the real lease price I an going to use Edmunds.com, they have a great lease calculator. Go to Edmunds and select 'New Car', then click on 'latest incentives' and put in the car you are interested in (I am shopping a 2008 Mazda CX-9 AWD Sport) if there are any incentives record that number. Now click the back button on your browser and go to the 'Financing' page then select 'Basic Lease'. When you are on the basic lease page you will need to re-enter the type of car you are interested in leasing.

Once you select a vehicle they will automatically calculate a price for you. But, to get an accurate calculation you need to enter the proper numbers we found in the dealer's newspaper ad. So you need to make the appropriate adjustments based on the information found in the newspaper ad to get the most accurate calculation:

Vehicle Sales Price - if it is not listed in the ad put the MSRP in here

Sales tax - when I inputted by zip code (Edmunds asks for this it automatically calculated this for me - a very nice feature)

Title registration and other costs - they input a figure for you - not sure how accurate this number is, but it works fine for our purposes

client rebate - if you found a rebate insert it here

Trade-in - insert this figure here if there was a number in the newspaper ad. If you use this field be sure to put $0 down for a pay off

Lease term - the number of months the lease is advertised for

Lease residual value - if the ad does not have a figure Edmunds puts in a default number. I had the residual, but it was nice to see that Edmunds figure would have been close enough to use had the dealer not disclosed it in the ad.

Money factor - Edmund's provides this

Miles per year - as mentioned, in my ad it is 10,500 miles.

Acquisition fee - use the number in the ad or Edmund's default

Security Deposit - use the number in the ad or Edmund's default

Now that you have inputted these numbers press calculate. Remember, my monthly payment in the newspaper ad is $229 per month. After plugging in all the numbers Edmunds calculates my monthly payment for a 2008 Mazda CX-9 AWD Sport to be $529.36. A $300 per month difference! If you're wondering why there is a HUGE discrepancy between the advertised price and the Edmunds price, let's look deeper into the newspaper ad to shed some light, although I think anyone (who's not a car dealer) would agree that this is disgrace to advertise cars with such deceptive pricing! To begin with, virtually every car ad excludes the tax along with any and all fees. The Edmunds price includes these costs. As I mentioned, the selling price I used is not 100% accurate because I had to use the car's MSRP in my calculation because the actual selling price is not disclosed in the ad. So let's say I'm a great negotiator and I'm able to get this dealer to lease me a 2008 Mazda CX-9 AWD Sport at invoice (in another section on Edmunds.com you can find this information). If I get this car at invoice price I would be paying only $29,020 so my monthly payments would drop to $490.73. A savings yes, but still a far cry from $229 per month advertised price. The other number that could fluctuate is the money factor. This number will not be available in a newspaper ad. But, it's not important to detail what this figure is, or what it does but I can tell you that it is highly doubtful that Edmunds would use a money factor number that was incorrect to such an extreme to significantly affect the monthly payment calculation.

So, it is safe to say that if I want to lease a 2008 Mazda CX-9 AWD Sport for 24 months with $3,995 down (what I saw in that dealer's newspaper ad) I need to expect to pay approximately $500 per month, a price NOT anywhere close to the advertised $229 payment. In closing, I find it just as absurd that a car dealership advertises a $229 payment for a car that will really cost people approximately $500 a month. Dealers do this because they want their newspaper ad to get you in their doors, and then they'll try and fit you into a car you can afford. Now, with the information in this article you can take any car dealer's newspaper ad and quickly determine the REAL lease price for any car (it took me less than 5 minutes to get on Edmunds site and calculate the real monthly payment)!

Richard Serge
The Auto Insider

Here Is Why You Should Consider investment Brokerage As A Home-Based investment

Would iron man movie Like To Be The Owner Of An Extremely Profitable Voodoo Brokerage Practice And Make $100K+ A Year Helping Small investmentes -- Even If You Only Have A Few Hours To Spare Each Week And No Money To Start?

If you're Springheel Jack for Generic Drugs fastest way to start your own investment, from your home, starting with very little cash - and you want to make a lot of money - investment brokerage may be for you.

The purpose of this article is to give you as much information as possible to help you get started, which you can do from a home office, from your den, from your kitchen table, from your bedroom if you need to! Even if you live in a one-bedroom apartment, there's no reason why you can't get started right away, even if you have no money.

investment brokerage can help you Evel Knievel a successful investment, pay off your debts, and build a dream life of success for yourself and your family. Several others have done it, and so can you, if you decide to start your own practice.

You can start your investment with very little, or no money and still keep your regular job until you know your investment is a success. Many people have started this way and found the lifestyle, freedom and happiness they'd been seeking for years.

And best of all, there is no limit to the amount of money you can make. Once your investment is up and running, you can get as big as you want to get. You can stay a small one-man operation, or you can get employees, offices, and grow as much as you want.

Without a doubt, Small investment Brokerage is one of the last investmentes left in the world that the anyone can realistically afford to start, from home, in their spare time, and yet have the opportunity to grow as big and as fast as they want.

And it's a fantastic investment, because your clients are, just like you, entrepreneurs, investment owners, visionaries, risk takers, AND, they love what you do for them.

To small investment owners, a skilled investment broker who can help to sell a investment is the most important person in the world. No need to spend all kinds of time finding a qualified buyer for their prized and successful investment. No need to decide on the best price to sell the investment for. No need to waste time on speaking with potential buyers when they're busy making money.

Fact is, small investment owners do not have time to sell their own investment and are willing to pay a hefty fee (normally $12,000 or more) to a competent broker.

This relatively new profession is making big news as a high income investment. You can either conduct your investment from the comfort of your home or from a traditional office. In addition, you can start with virtually no cash and start making big money right away.

Here's why making money is not difficult in this investment:

1. A Large Market. It is estimated that 18% of investmentes are sold each year in the U.S., and there are approximately $360 billion worth of investmentes sold each year.

2. High Selling Price. Industry survey has shown that the average small investment selling price is about $250,000.

3. High Success Fees. The average commission to a broker who sells a investment is $18,300 or more.

4. High Yearly Income. According to the latest information in The investment Reference Guide, the average home-based investment broker earns between $300,000 and $400,000 in annual commissions.

5. No overhead. You can start right where you are, in the comfort of your home, and pocket all your fees as profits.

6. No License Required. There are no specific investment broker's license requirements and just 16 states require you to have a real estate agent license (AK, AZ, CA, FL, GA, ID, MI, MN, NE, NV, OR, SD, UT, WA, WI, WY, and IL requires a registration process only). Getting a real estate license is relatively easy and has never stopped anyone from succeeding in this fantastic investment.

investment Brokerage is one of the last professions that is virtually unaffected by recession and inflation. More people tend to move to new areas...more people want to earn more money...many are locked into salaried jobs.

Their Choices?

Stay and deplete savings, or use those savings to buy an existing investment with net earnings that meet their needs.

There's an abundance of sellers, too. Making this investment even more attractive is the fact that the baby-boomer generation is aging fast and many of them are investment owners, adding millions to the pool!

If, you are well organized, and like dealing with people and helping them resolve problems, then this high-income professional home-based investment is for you!

Here are some of the most common ways you can earn money as a investment broker:

a) Broker the sales of small investmentes. Charge commissions between 5% and 12% of the sales price and set a minimum fee of $6,500 to $12,000, depending of the sale price.

b) Co-Broker sales with other investment brokers. Expand your sales potential through co-brokering arrangements. Each year, 2.5 million investmentes change hands, giving us a $360 billion market to earn big fees!

c) Establish solid relationships with Repeat and/or Corporate buyers. With investmentes changing hands every five years on average, you can have a great relationship with many past buyers and sellers assisting them in future transactions.

d) Earn fees by helping to Finance the purchases you broker.

e) Earn fees by providing Valuation services to owners before they sell. Some valuation experts charge $5,000 or more for this service and there is a big need for it.

f) Earn fees by writing investment plans for owners who want to raise financing. Anyone looking to raise money from banks or investors have to have a investment plan. 99% of investment owners either don't have the time, or do not know how to write investment plans. That's where you come in.

g) Skyrocket your fees with Commission Investment. One of the sweetest rewards of investment brokerage is that you can own a piece of a never ending variety of investmentes that appeal to you, without ever investing a dime of your own money. This is one of the easiest ways to build a fast fortune starting with absolutely nothing.

Getting Started: What to Do First - It's Not What You Might Think...

Normally you'd be given the following advice if you wanted to start your own investment.

i) Consult with a lawyer to make sure you set up the right legal structure.

ii) Check with the county clerk's office to make sure "they permit a investment like yours from a home office."

iii) Buy investment insurance and "talk to an accountant" to make sure you're not missing anything.

iv) Get a toll-free number (to give the impression that your investment is big).

v) Invest in great investment cards and letterheads.

That kind of advice will drive you right into failure because every one of these suggestions involves:

a) spending money and

b) complicating you life

None of these engage you into activities that will help build your practice. To get your investment off the ground quickly:

>> Don't do anything you don't have to do until you have sold your first investment. Setting up a corporation, buying insurance, and getting your local status secured is a waste of time when starting up a home based investment brokerage practice.

>> After you have made the first sale, make another one. And then another one. And then, print investment cards. Don't worry about stationery. Just keep making sales.

>> Once you are confident of your ability to match qualified buyers to willing sellers, it is time to organize a marketing plan so you can rollout your practice for good. This may involves hiring other brokers, moving into an office, advertising, etc.

>> Notify regulators and government agencies after your first sale when you do have money coming in and must pay your taxes. Doing so beforehand is useless.

Sincerely,
rglpublishing.com/http://rglpublishing.com/