Leasing has become a popular way for people to pay for their vehicles. Leasing is attractive because you can usually get a more expensive vehicle for a lower monthly payment.
- You are guaranteed to be able "walk away" from a closed end lease at lease end as long as there are no mileage penalties or excessive wear and tear.
- Gap insurance protection.
- Allows you to get a new car every 2-4 years without the likelihood of negative equity.
- Allows you to stay in a current vehicle with the latest in safety, comfort and technology features.