Q: I'm new to car leasing. What do I need to know?
A: There are many benefits to car leasing. LESS EXPENSIVE - With a lease, there are no down payments and substantially lower monthly payments. SHORTER TERM - The most common term of a lease is 36 months, while the typical purchase is financed over a 60 to 72 month period. MAJOR CONVENIENCE - Never drive an outdated vehicle again. There is no need to go through the stress of having to trade in or sell your vehicle. With a lease, every three years you will be driving a brand new vehicle, with the latest technologies.