The Consumers Guide to Auto Leasing
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Lease a Car 201

  
 
 
 

Car Leasing 201 - Auto Lease Considerations

Consider the following when your decide to lease.

Purchase Options

You may choose to buy the vehicle if your lease contains a purchase option.  Some leases give you the option to purchase the vehicle at any time, while other leases give you the option to purchase the vehicle only at the end of the lease.

If your lease has an option to purchase the vehicle, the purchase option price must be clearly stated.

Right to Early Termination

You will not be allowed to end your lease early unless it is stated on you lease.  If your lease contains this right, it should also contain the formula for calculating the early termination (define: early termination) amount.

Part IX: Auto Leasing Checklist Auto Leasing Checklist

 
 
   
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