Lower Monthly Payments

When you buy a car you pay its full cost. When you lease, you pay for the value of the car that you use, because at the end of the lease the vehicle still has a remaining (residual) value. Additionally, luxury options, such as air conditioning, cruise control and certain other accessories, increase the residual value so you can enjoy even more car for less money.

Lease payments are normally 20-35% lower than loan payments.