Leasing can be a great way to drive a brand-new car without the long-term commitment. It’s an opportunity for drivers to enjoy the latest models while maintaining financial flexibility, but a few costly missteps can turn what seems like a great deal into an expensive headache. As Denver’s top auto broker, we’ve helped countless drivers build leases that work for them. We’ve seen what works, what doesn’t, and we’re out to make sure that your next lease doesn’t turn sour. Here’s how to avoid the most common car leasing mistakes and keep more money in your pocket. 

Why It Hurts: Once the warranty expires, you’re responsible for repair costs, which can quickly outweigh any savings from lower monthly payments. 

How to Avoid It: Stick to a lease term that matches the vehicle’s warranty—typically three years. Before signing, check the warranty coverage in your lease agreement to ensure you’re protected for the entire duration. 

Why It Hurts: Excess mileage charges can quickly add up to hundreds or even thousands of dollars, negating any savings you hoped for by leasing. 

How to Avoid It: Estimate your annual mileage before leasing. Review your past driving habits or use an app to track your mileage. If you think you’ll exceed the standard limit, negotiate a higher mileage cap upfront—it’s much cheaper than paying overage fees. 

What to Check in Your Lease Contract: Find the per-mile overage charge and confirm the total mileage allowed. 

Why It Hurts: Dealerships charge for excessive wear and tear, which can be costly if you neglect routine maintenance. 

How to Avoid It: Treat the leased car like you own it. Keep up with oil changes, tire rotations, and regular cleaning. Before returning it, inspect the vehicle and consider fixing minor damages to avoid end-of-lease penalties. 

What to Check in Your Lease Contract: Review the section on wear and tear to understand what is considered “excessive.”

Why It Hurts: Lease termination fees can be thousands of dollars, making it an expensive mistake if you need to exit the lease early. 

How to Avoid It: Before signing, ask about early termination options. Some leases allow transfers, where you can pass your lease to another driver, avoiding hefty penalties. 

What to Check in Your Lease Contract: Look for details on early termination fees and lease transfer options. 

How an Auto Broker Can Help You Lease Smarter 

Whether it’s your first time leasing or you’ve been burned in the past, navigating the leasing process can be overwhelming. Although it is a complex process, an experienced auto broker can make it easier. Here’s how a broker can help: 

• Negotiation Power: Brokers have access to exclusive deals and incentives you may not find on your own. 

• Time Savings: They handle the paperwork and fine print so you don’t have to. 

• Better Lease Terms: From securing the best price to ensuring fair mileage limits, a broker works in your best interest. 

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