The Best Candidates for a Lease

The best candidates for a lease are people who would normally get a new car every 2-3 years, and are not particularly concerned about the higher long-term costs of that practice. Luxury-car buyers are usually good candidates for leases because automakers frequently offer subsidized leases with reduced down payments and dramatically lower monthly payments.
If you’re [...]

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Leasing Terminology

Before you move on to the other chapters, be sure to read the following terms and definitions so you will be able to understand the unusual language of leasing.
Acquisition fee: Fee charged by the leasing company to buy a vehicle and set up the lease. Sometimes negotiable. Also called “initiation fee.” Typical charge: $450 Cap [...]

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