18 lease quote traps, and what to say back
Spot quote changes, unclear fees and missing trade equity, with questions you can take to the dealer.
Plain-English guides
Start with the basics, check a quote or plan for lease end. These guides explain the numbers and give you questions to ask before you decide.
Spot quote changes, unclear fees and missing trade equity, with questions you can take to the dealer.
Sort government charges, lessor fees and optional products before comparing the cost of a lease.
Request written quotes, compare the full cost and check the contract before you sign.
Ask who represents you, who pays the broker, what the fee covers and which dealer and lessor will complete the lease.
Look up the words on a lease worksheet, from acquisition fee to excess wear.
Find answers about shopping, payments, mileage, lease end, moving and shipping a leased car.
Request written exit figures, check transfer and purchase restrictions, and keep old debt visible before changing cars.
Compare returning or buying the car, check possible equity and prepare for the final handoff.
Check lessor permission, registration, insurance and transport arrangements before moving a leased vehicle to another state.
Separate current manufacturer lease cash from ended federal vehicle credits, then compare charging, fuel and lease costs.
Compare leasing and buying over the same period, including upfront costs, loan balance and resale value.
Understand why lease tax varies with the transaction, and ask for the tax base, rate, timing and jurisdiction in writing.
Learn how a lease payment works and what you may owe at signing and lease end.
Learn how the money factor affects a common lease calculation and what to ask before comparing financing terms.