New Car Leases

New car leases are an easy way to always have a low-mileage, current-model vehicle in your garage. However, before jumping into a lease on any new car, be sure to pay attention to the lease contract and any other details of the lease itself. If you're thinking about leasing a new car, take some time to browse through our selection of helpful articles on all aspects of new car leasing. Our expert tips and advice will help you make the right decision when it comes time to negotiate your new car lease.

Payments tend to be lower when leasing a car, which makes leasing attractive - as more expensive models can be had for lower monthly payments. Think of leasing a car as paying for only the depreciation of the car; the dealership will take back the car at the end of the term after you have paid the depreciation in the car's value over the term of the lease. Many advertised lease specials do not disclose the drive-off fees, or the down payment necessary to take the car home. Some      lease specials advertise a very low and therefore attractive monthly payment to entice shoppers while withholding a high down payment requirement. Be sure to accurately determine how much mileage is necessary for your driving style so as not to go over the lease guidelines. Finally, remember that a lease doesn't have to be returned at the end of the term. If you fall in love with the car, most leases give you the option to purchase the vehicle in the end.