The 1% Rule: A Quick Way to Judge a Car Lease Deal “What is the 1% rule for quickly evaluating a car lease?” The most accurate way to judge a lease is to examine its key components— price (cap cost), residual value, and money factor . However, you often don’t have that information when you first see a deal or receive a quote from a dealer. When that happens, the 1% Rule offers a fast way to estimate whether a lease payment is reason able. It’s not exact, but it’s a useful ru

Finding the best lease deals on new cars requires research, know where to look, and careful comparison. Here's a step-by-step guide to help you find the most attractive lease offers: Determine Your Budget: Before you start shopping for lease deals, establish a realistic budget that includes monthly payments, and an estimated down payment. Use our Lease Payment Estimator to determine what price vehicle converts to a monhtly payment you can afford. Decide What You Want: Start