Leasing 101

The idea of leasing first became popular in the 1990's when cars became too expensive to buy for many people. Car leasing was designed to make cars more affordable to consumers.  As prices on cars have risen, the ability for consumers to afford a loan has decreased.  Enter car leasing. The following pages will describe the basics of leasing and how a lease is calculated. Our goals are to allow you to make more informed decisions when shopping for a lease and to get the most out of this beneficial financing option.