How to Take Advantage of Lease Busters

Lease busters are companies that help match up people with auto leases that they want out of with people who want to get a high quality, fairly new used car for less. The assumption is that these vehicles are in better condition than what would be available on a user car lot. Read on to learn more.

Instructions

Difficulty: Easy

1. Inspect your vehicle with a fine tooth comb. Any dents, scratches or bumps? If so, look at the cost of getting them fixes. On average a dent takes $200 off the price. Clear you vehicle, inside and out. A good detailing job will make your vehicle more appealing to others.
2. Make sure that your maintenance is up to date.
3. Log in to the lease busters website and see what other people are asking for similar vehicles. Are their vehicles in better or worse condition than yours? If you are in a hurry to sell, say so and drop your price to reflect that. The average consumer will ignore a difference in price of 3 to 5 percent, but will jump for a 10 percent difference between your price and the competition.
4. Check the length of contract remaining and ensure that the maintenance is up to date. When calculating your monthly payment, be sure to allow extra room for incidentals.
5. Contact the finance companies to see if they will accept you as a client at the same rates as advertised. They are not required to, and this may affect the monthly payments.

Tips & Warnings

• Ensure that you check all the details. While getting a new vehicle, check the fine print for the lease to ensure that you are getting all the maintenance plan benefits that are included in the negotiated price.
• Always have your vehicle inspected for safety by a licensed mechanic before putting it up for sale.