Are you considering a McLaren lease? It can be so much fun driving around in one. You just need to know what to look for so you don’t make any mistakes. Here are some things to keep your eyes on.
How Much Am I Going to Pay Up Front?
This is an important part. You want to see how much you can save at the very start. Yes, many dealerships will want money up front, but you can be savvy about it.
You might see a low monthly rate in an ad, but they might want a good amount in advance so that you can pay that rate. If you get into an accident early on, this could wind up costing you. So try to go no higher than $2,000 upfront.
Should I Consider Gap Insurance?
When you are sitting in the dealer’s office, they may suggest gap insurance to you. Listen to that recommendation and seriously consider paying for it. You could wind up paying a lot for a car that has depreciated in value.
The gap insurance can help cover that cost. It can be a very wise investment.
What Kind Of Mileage Plan Should I Get?
You need to know your driving habits very well when it comes to picking this plan. Are you going to be going on extended road trips over the course of the lease? Will you just stick to driving the McLaren to and from work with maybe a weekend trip every few months?
If you think you are going to drive a lot, then you might want to get a higher mileage plan. It will result in a higher monthly payment but you won’t have to worry about paying .30 a mile that you go over. That can really hurt your wallet.
Should I Maintain The Vehicle?
In a word: Yes. You need to make sure that it is in good shape when you return it at the end of the lease. Otherwise you could get an addition to the bill that will not make you happy.
You need to get a strong definition of what the leasing company considers normal wear and tear. Then maintain it throughout your lease period.
These are just a few things to look for and ask yourself when you are going to the dealership to discuss leasing a McLaren, or any other brand of car. Doing this can help ensure that you keep money in your bank account.
Adam Nagoshiner had an accounting and business management background when he started with Amazon Leasing. Those skills and his vast knowledge of extoic cars puts him at the helm of managing the customer base and massive lease portfolios.