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Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
Mileage fees. One decision to make when leasing a car is selecting how many miles you expect to drive it. Three-year leases typically offer options of 10,000, 12,000, or 15,000 miles annually.
If you're tired of leasing a car, buying out your lease might be the best option. Car leasing is a great alternative to buying a car. Leasing a car means you can drive a new car every couple of years.
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Bankrate tip. If the car is significantly damaged, drivers can expect to be charged full market prices for repairs. At the end of the lease, you’ll have a few options.You can either turn in your ...
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