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Garden State Auto Leasing | New Jersey
Now is a Great Time to Build a New Car

Now Is A Great Time to Build A New Car

  • Keith Medvin, Garden State Auto Leasing

As we have mentioned in the past, the automotive market is very unique right now. There is a shortage on cars, both new and used. As we have all learned in business class, low supply and high demand is never a great recipe for pricing. With that being said, there are a few things we can do to take advantage of the current environment.

If you have a lease that you are turning in, the shortage of inventory probably means that you have some equity in the car. Suppliers are desperate for cars to sell, and they are paying top dollar for them. Once inventory normalizes, so will the prices on used cars. We can use the equity you have in your current car to lower the price of your next lease. If you have a few months left on your lease, there will probably be enough equity to buy you out and possibly some extra money towards your next car.

More importantly, now is a great time to build a car. Most brands will allow you to build your dream car to your exact specifications. The pricing does not change, and it only takes about two months to get the car built (sometimes sooner).

Our process is simple:

  • We will work with you to build a car to your exact specifications.
  • We then take that build to the manufacturer for pricing.
  • Once approved, we place that build in the system and wait for the car to be shipped to us from the plant. The turn-around time varies, but it is two months on average.
  • Once shipped, if programs get better, you will receive price improvement on your car.

The process is really that simple, and it is also a great way to take advantage of the current market. If you are interested in hearing more, please give us a call to discuss at (732) 637-8333.

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