• There are a number of secrets to leasing a car,Cars image by Ellanorah from Fotolia.com
  
  Instead of purchasing a car, many drivers choose to lease, usually for a set period of time, such as 24 or 36 months. While leasing can provide a bargain to those who don't wish to spend money on a new vehicle, prospective leasers should keep in mind a number of little-known facts as they shop around for a good deal.
  
  

You Can Haggle

• Some dealers, seeking to get a higher profit, will insist that the price for a leased car is set in stone and cannot be bargained down. This is not true. Save for a few models of cars, leased cars, like purchased cars, have prices that are fully negotiable. Through some skillful Googling, you can find the factory invoice price of the car--the price that the dealer paid the automobile company for the car--and use it as a bargaining chip in your negotiations.
  
  

Warranties and Leases Don't Always Match

• When you're looking to lease a car, one of the features that many dealers will boast of is the warranty. Warranties, like the leases themselves, are temporary, generally lasting only a few years. There is a tendency, therefore, on the part of certain buyers to assume that the warranty will last for the duration of the lease period. This is not always the case. Check the fine print and see whether the warranty expires before you lease does.
  
  

Check For All Fees

• The advertised price of a leased car generally doesn't take into account the various other fees that the leaser of the car is obligated to pay. In addition to the basic expenses that go into the driving of the car--licensing fees, registrations fees, auto insurance, and sales tax--car leasers can expect to pay a security deposit and a bank acquisition fee. However, according to CNN/Money, if you have exceptionally good credit, many dealerships are willing to waive some of these fees. Of course, they might not mention it if you don't bring it up, so make sure to ask.
  
  

Your Lease-End Deal Might Be A Bargain

• At the end of the lease period, drivers are usually given the opportunity to purchase the car, at a price spelled out in their contract. Because the formula for this price is calculated several years in advance, it might not match the current market value of the car. Even if you're dissatisfied with your leased car, consider purchasing it if the terms of your lease mean you can quickly flip it for a profit.