For example, if you lease a $30,000 car for three years, it will be worth about $18,000 three years later. That means you used $12,000 of the car's value. Divide that $12,000 by 36 months and you get $333, which is approximately your monthly payment (plus interest and taxes). read more
Vehicle Leasing is better if you like to get a new car every 2 to 3 years, as it can lower your car payments or give you the opportunity to drive a more expensive car with a payment comparable to a less expensive car – i.e. a Lexus on a Toyota budget. read more
When you're searching for a lease, you want to look for the best overall lease deal, not just a low selling price on the car. For most people considering a lease, the best deal boils down to two factors: the lowest amount to pay to begin the loan (the "out of pocket," in lease-speak) and lowest total monthly payment. read more