When leasing a new car from Status Auto Group we guarantee the best lease price and most transparent pricing. As an Auto Broker, we diligently work with a large network of auto dealers in the tri-state area to secure the exact vehicle you are looking for (options, colors, packages, trims).

We offer no money down car lease specials and can tailor each lease to your exact situation. By filling out the “Build Your Lease Deal” application, we can get started on your lease deal.

Call our leasing company for your next lease deal in New York (Staten Island, Brooklyn, Queens, Manhattan, Bronx), New Jersey, and the tri-state area.

Frequently Asked Questions - Leasing a Car

Step 1:
The first step before deciding on a new car lease is to determine how much you want to spend each month for your lease.

Step 2: 
Decide on the make and model that you are interested in. Are you looking for a luxury sedan, sports coupe, economical daily driver, SUV, or an exotic weekend car? Also, decide which features are most important to you – whether that be a sunroof, Apple Carplay™, navigation, blind-spot monitor, etc.

Step 3:
Determine how often you will be driving your leased vehicle. Most common leases are 7,500 miles, 10,000 miles, 12,000 miles, and 15,000 miles per year. If you drive more than 15,000 miles a year, the manufacturer charges a pre-determined charge per mile (ex. $0.20 per mile).

Step 4:
After deciding your budget, make/model, top vehicle features, and the miles you drive per year – it is time to start the process of getting a lease quote. By filling out our “Build Your Lease Deal” form, we can provide a tailored quote to you within 24 hours.

Step 5:
You will receive a lease quote based on your information – If you are interested in moving forward, you would fill out a personal credit application, or business credit application, to get approved for the lease.

Step 6:
Once approved, the lease deal can be finalized, and the delivery or pick-up of your new lease vehicle can be arranged.

MSRP stands for; Manufacturers Suggested Retail Price. It’s the total cost of the car if you were to buy it outright brand new.

Sales Price is the price of the vehicle after discounts off of MSRP.

Money Factor is the interest amount, set by the manufacturer monthly, that you would pay on your lease.

Residual Value is the value or price of the vehicle after your lease term is over. You can choose to buy your lease at the end, or turn it in for a new lease.

An Auto Broker is your personal negotiation specialist – we work on your behalf to secure the best auto lease deals from our large network of dealers. Instead of our customers having to visit or contact multiple dealers for different lease prices – we do all the work for them – which reduces stress and saves a huge amount of time for our customers.

Yes, you can lease a new car with no money down. However, this still requires that you pay taxes, fees, first month payment up-front.

If you are looking for a sign and drive lease – this means that no money would be due at signing.

Both options are possible, and we would be happy to explain each to you in detail. We believe in honesty and transparency at Status Auto Group.