A heavenly ride in a luxury model breezing past and speeding ahead of the others is a dream cherished by all without exception. But buying a car requires investing a cosmic amount. A few of us can afford to shell out a lump sum amount to enjoy the ride behind the wheel. For them the billeasing is an appealing alternative to feel the same degree of excitement without getting worried over coughing out a huge bulk.
The option of Flex leasing is attractive to the buyers who find it easy to accept a term of monthly payment. Though undoubtedly the billeasing is an advantageous option for a certain group of buyers, still it is not free from pitfalls. The whole gamut of car purchasing program is done through a very transparent process. On the other hand, the leasing procedures do not offer so much transparency to the buyers. The lack of disclosures in case of the leasing program is responsible for kicking up the cases of the leasing scams which hoodwink the customers into believing that they have bagged the best deal available into the market. But in reality they have let them slip into the great trouble. So gripping the nitty-gritty of the billeasing scams will protect the average customers from getting involved into any sort of hardship in future.
Articulating the facility of lower interest:
Some of the dealers purposefully quote the lower rate of interest while in reality it is much higher. They exclude amortization of security deposit to keep the rate at a lower level. Prior to jumping to grab the Flex leasing option, one should fully understand the calculation criteria as used by the dealer. >
Absence of any security deposit:
The amount of deposit factors a lot in the billeasing program. If any dealer is professing of demanding a nil amount of security, most probably he or she is speaking with a forked tongue. So never let yourself get trapped into the faux promises of the Flex leasing dealer.
Inclusion of the extended lease facility:
The dealers often fob off extra expenses upon you to inflate their profit. Fitting extra warranty period into the billeasing program is a clever way of wrenching more out of the clients. The clause of warranty has already been slipped into the lease contract. So you do not need to spend an extra amount for extended lease program that is beyond your capability and necessity.
Termination of lease program:
Termination of lease program requires paying fines as included in the contract paper of the billeasing. The termination administrative penalty is at great variance with the termination fee. So never be complacent with the paltry amount of the termination administrative policy. The later type of penalty will cut holes into your pocket. If you are not satisfied with the offers of the billeasing dealer, search another deal that suits both your needs and pocket.