Car leasing is now going through a surge in popularity, recovering from its sharp decline during the recession. Leasing is now at a near-record high, with slightly more than one in four consumers choosing this method for financing their car. But shoppers should be alert to some of the new trends so they can arrange a lease that best suits their budget. These include shortened lease periods of only 24 months, lease specials with low monthly payments and fewer miles included in lease contracts.
Many consumers prefer car leasing because it offers lower monthly payments and less cash up front. ... Back to article
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