What is an monetary incentive ?

Offering a cash incentive is a great way to make your vehicle more attractive to potential buyers. A monetary incentive is an amount of money that you are ready to offer a potential buyer when they take over the vehicle lease. These incentives could be any amount, but usually the higher they are, the faster your lease is going to be taken over.

Remember, your ad is not only in competition with other sellers but also with offers for new vehicles from the dealerships. So, if you have not made an original deposit on your vehicle, a cash incentive is the most efficient way to reduce the installments for the remaining months of the lease.

For example:

• Monetary incentive : $1,200
• Months left on lease car : 12 months
• Monthly installments before incentive : $350
• Monthly installments after incentive: 350$ - (1200$/12) = 250$

Please note that by ending your lease with the dealership, you�ll have to pay all the remaining monthly installments that are left plus a cancellation fee, so, it�s in your best interest to make your vehicle as enticing as possible.

You can always go back and add an incentive to your ad just by signing in to your account.

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