Leasing has become an increasingly popular way to drive a new car without the long-term commitment of buying. While leasing isn’t the best option for everyone, it offers several advantages that can make it an attractive choice for many drivers. The Pros Lower Monthly Payments One of the biggest benefits of leasing is lower monthly payments compared with buying the same vehicle. When you lease, you are only paying for the portion of the vehicle’s value that you use during the

Leasing a car is a form of financing, not renting. It allows you to pay for the use of a vehicle over a fixed period—usually 24 to 39 months—and requires you to commit for the full term. Leasing became popular for consumers in the 1980s and now represents about one-fourth of new vehicle sales. Price is Key When leasing, the vehicle’s price is negotiated just like a purchase, and that price is the biggest factor affecting your monthly payment. Contrary to common belief, lease

The key to being able to recognize and get a great car lease deal is to essentially understand how leasing works. How are monthly payment calculated? Is leasing right for you? How much car can you afford to lease? How to negotiate a lease deal? The following articles will provide you with the information and advice that you'll need to understand car leasing and deal-making. Additional Lease Basics Reading What is Leasing? Benefits of Leasing Lease vs Buy Who Should Lease? Car