Your Leasing Questions, Answered
FAQ
What is car leasing and how is it different from buying?
What makes your leasing options "flexible" and "affordable"?
Our flexibility comes from offering customizable lease terms, including various mileage options (e.g., 10k, 12k, 15k miles/year) and contract lengths (e.g., 24, 36, 48 months). We work with multiple lenders to ensure you receive the most competitive rates available, making your monthly payments as affordable as possible.
Which car brands do you offer lease deals for?
We offer leasing options for a wide variety of major manufacturers. You can browse our deals by clicking on the brand logos listed in the “Browse Lease Deals by Brand” section, which includes popular brands such as Toyota, Ford, BMW, Mercedes-Benz, Audi, Kia, and more.
How do I find the best lease deal for me?
You can start by checking our “This Month’s Best Lease Deals” section for our featured offers. Alternatively, you can use the search bar at the top of the page, browse by brand, or fill out the “Request Details” form with your preferred vehicle type and budget to receive personalized options.
What is required to qualify for a lease?
Lease qualification typically depends on your credit history, debt-to-income ratio, and income stability. While specific requirements vary by lender, a good credit score usually qualifies you for the best rates. You can submit a secure application through our site to determine your eligibility.
How do I begin the leasing process?
You can get started in three simple steps:
Select a Vehicle: Choose a model from our current deals or use the search tool.
Submit an Inquiry: Fill out the contact form (like the “Request Details” form) with your information and preferences.
Finalize the Deal: A leasing specialist will contact you to confirm terms, secure financing, and schedule delivery or pickup.
What charges are included in the typical monthly lease payment?
Your monthly payment primarily covers the vehicle’s depreciation (the difference between the initial cost and the projected value at lease end, called the residual value) and the money factor (the financing charge). It does not typically include full coverage auto insurance, maintenance, or registration fees.
Q8: What are my options when the lease term ends? A: At the end of your lease, you generally have three choices:
Return the vehicle and walk away (subject to a disposition fee and inspection for excessive wear/mileage).
Purchase the vehicle for the predetermined residual value specified in your contract.
Lease a new vehicle and use your current vehicle as the return.
What happens if I exceed the contracted mileage limit?
If you return the vehicle having driven more miles than specified in your contract, you will be charged a penalty fee for the excess mileage. This fee is clearly outlined in your lease agreement and is typically a few cents per mile.
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