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HOW DOES LEASING WORK

Leasing a vehicle is essentially entering into a long-term rental agreement for that vehicle. Unlike a traditional car purchase, you don’t actually own the vehicle. Instead, a leasing company purchases the vehicle from the dealer on your behalf, and then you make monthly payments to the leasing company for the duration of your lease. Some leases, however, do provide the option to purchase the vehicle at the end of the lease.

 

Your lease payments are paying for:

The depreciation of the vehicle during the time you are leasing it

The finance charge which is the cost of borrowing money from the leasing company

Taxes and fees that you have chosen to capitalize (add to the total amount borrowed)

Similar to a short term car rental, there are rules that define:

How much you can drive, stated as annual miles (excess miles are charged at a specified rate)

How much you can drive, stated as annual miles (excess miles are charged at a specified rate)

Types of damage that you may be liable for at the end of your lease

The procedures and costs when you return the vehicle at the end of your lease

Lease contracts are a commitment and ending them early can be difficult and expensive so it is important to consider your circumstances carefully before you decide.

WHY CHOOSE US

Partnering with Top Dealers

Partnering with top dealers to provide you with the best vehicle options and unbeatable deals

Best Prices Aimed

Dedicated to securing the best prices in car leasing, ensuring you get the most affordable and valuable deals.

Securing Lower Payments

Focused on securing lower payments in car leasing, making your vehicle more affordable and budget-friendly.

IMPORTANT THINGS TO CONSIDER

Depending on your circumstances and what is important to you, a lease could be a great option for your next vehicle. Below are some important factors that may influence your decision.

Monthly payments on leases are generally 20% - 30% cheaper than loans

You may be eligible for a tax break if you use the leased vehicle for business purposes

Easy to upgrade to the newest vehicle model every few years

There are often fees charged if you drive more than your lease's mileage allowance

You will always have a car payment whereas with a loan you eventually pay it off