A car lease lets you drive a new vehicle without paying a large sum of cash or taking out a loan.
A car lease lets you drive a new vehicle without paying a large sum of cash or taking out a loan. To lease a car, you simply make a small down payment — less than the typical 20% of a car’s value you’d pay to buy– followed by monthly payments for the term of the lease. When the term expires, you return the car.
Keywords: Car leasing, car rentals