Q: How Do I Lease A New Car?
A traditional auto lease usually involves making a lower monthly payment for just a few years. Making a down payment will lower the payment, but it will not change the vehicle's residual value at lease-end, so a minimal down payment is best. Once the lease is up you have three options, walk away and pay a disposition fee, or any mileage or wear and tear charges, trade the vehicle in, or buy it. If there is equity, it's yours!
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