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Leasing Pros and Cons

Last Modified: June 02, 2016 by Jeff Ostroff

Advantages of a Car Lease

Disadvantages of a Car Lease

Watch Out for Mileage Limits!

Most leases sent in by our visitors have a limit of 12000 miles/year, but I am seeing too many leases with ridiculously low 10,000 mile/year limits. Many people end up owing thousands in mileage penalties at the end. Some dealers try to trick you into buying your excess mileage ahead of time to "protect yourself" from these penalties. This scam is icing on the cake for them because if you don't use those extra miles that you paid extra for up front, you don't get your money back. Don't fall for this scam.

You Should Not Lease If

Competitive Quotes Get You the Best Deal

Now that you understand the pros and cons of leasing you are ready to make your decision. If you have decided to lease this guide will teach you how to get the best deal and not get ripped off. The way to do this will be by shopping around and negotiating. Sounds simple but there is much more to learn!

Click here for our lease negotiating tips >