33 Washington Avenue,
Nutley, NJ 07110 / 973-235-1700 Fax: 973-661-9015
Any and all money (or trade in) that you
use as a "down payment" or cap cost reduction will be lost if
your vehicle is totalled or stolen. GAP insurance will not reimburse you
for your down payment! You will only get back any equity, which rarely happens!
In New Jersey you are entitled (by law) to review a completed lease
agreement for one business day before signing it. You do not have to sign
at the dealer!
In New Jersey it is illegal to directly charge you sales tax or to quote
you a price without sales tax.
I can't lease a car, I drive 35,000
miles per year and a lease only allows 12,000 miles per year. Right?
Wrong! Most advertised lease payments include only 12,00 miles. However,
it is much cheaper to build all of your anticipated mileage into the lease
terms.
Is it easier to lease than buy with
a bank loan if my credit is bad or if I have no money to put down?
No, just the opposite. Leasing requires stronger credit than a conventional
auto loan simply because in a typical lease there is no equity in the vehicle,
making you a higher risk for the leasing company. People that lease, do
so because of the benefits, not because they can't afford to buy.
Isn't leasing just for business use?
No. Years ago, primarily businesses leased because of tax advantages.
Now, with the changes in tax laws, many individuals enjoy the benefits of
lower monthly payments, no down payment and the pure convenience of the
transaction.
Is the insurance more expensive?
No. For the same amount of coverage there are no additional charges
just because you leased.
Aren't Independent Leasing Companies
more expensive than new car dealerships?
Independent Leasing Companies (like Book Auto Leasing, Inc.) in many
cases are less expensive. Why? Because we often receive rebates and incentives
that the new car dealer cannot. We may also have programs available to us
that are not available to new car dealers.
Why should I deal with Book Auto Leasing
over a new car dealer?
We do essentially one thing, LEASING! We have superior leasing
knowledge. We will not give you the "run-around" or play the typical
new car dealer games that you may have been victimized by in the past. We
will give you the straight answers the first time, NO games! No need to
waste your time going from dealer to dealer. We will give you an unbiased
opinion on any make or model.
If something is to good to be true, it
probably is!
You get nothing for nothing!
Most important: "You get what you pay for!"
All of these apply to getting a new or used car--Remember them!
Any and all money (or trade in) that you
use as a "down payment" or cap cost reduction will be lost if
your vehicle is totalled or stolen. GAP insurance will not reimburse you
for your down payment! You will only get back any equity, which rarely happens!
In New Jersey you are entitled (by law) to review a completed lease
agreement for one business day before signing it. You do not have to sign
at the dealer!
In New Jersey it is illegal to directly charge you sales tax or to quote
you a price without sales tax.
I can't lease a car, I drive 35,000
miles per year and a lease only allows 12,000 miles per year. Right?
Wrong! Most advertised lease payments include only 12,00 miles. However,
it is much cheaper to build all of your anticipated mileage into the lease
terms.