Automotive Leasing Services

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What does default mean? Excessive Mile Charge? Gap Coverage? Find the definitions to these terms and more using our Automotive Lease Glossary.

Before you begin to lease a vehicle, it is important that you know the pros and cons of leasing a car. To help you better understand the differences between purchasing and leasing, we have compiled several comparison charts which may be found below:

What are your Up Front Costs? What other charges apply? Is your security deposit refundable?
Leasing vs. Buying Comparison - Ownership Comparison
Do any disposal fees apply to my car?
Leasing vs. Buying Comparison - Disposition Fee
Do I have to pay for broken or missing vehicle parts? Must I follow a vehicle maintenance schedule?
Leasing vs. Buying Comparison - Excessive Wear
What will the vehicle be worth 3 years from now? Is a purchase option available?
Leasing vs. Buying Comparison - Future Value
What will be owed if the vehicle is stolen or totaled? What kind of taxes must I pay?
Leasing vs. Buying Comparison - Gap Coverage
Can I make changes to the vehicle? Must I pay for all of the maintenance work on my car?
Leasing vs. Buying Comparison - Maintenance Requirements
How will more miles on my vehicle effect me? Will it cost me more over the years?
Leasing vs. Buying Comparison - Mileage
What items must I pay for monthly? What financing charges apply?
Leasing vs. Buying Comparison - Monthly Payments
Do I have the right to relocate with my vehicle?
Leasing vs. Buying Comparison - Moving Out of State
Who owns the vehicle? What duties and rights exists?
Leasing vs. Buying Comparison - Ownership Comparison
What interest rates apply to my vehicle?
Leasing vs. Buying Comparison - Rate Disclosure
You may gain or loose when you're ready to sell or turn in your vehicle, which applies to you?
Leasing vs. Buying Comparison - Vehicle Return
Will you own the vehicle when you're finished with your payments?
Leasing vs. Buying Comparison - End of Term
What termination charges apply if I have to walk away from my lease or loan?
Leasing vs. Buying Comparison - Early Termination
What tax effects apply? What cost advantages exist?
Leasing vs. Buying Comparison - Frequency of Changing Vehicles

Great Tips For Car Buyers!

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