Reader Question My husband wants to lease a new Mercedes, not buy it like I am used to doing. Should we consider leasing this type of high end luxury vehicle or should we just buy it out right like we are used to doing? Rose, NYC NY   Hey Rose, I was shocked to find [...]

Reader Question When did auto leasing become so popular? It seems every TV advertisment is for car leasing not car buying? What happened to the old car buying days? Jerry, Dallas,TX   Perhaps as recently as 8 years ago, most auto consumers had never really heard nor considered leasing a viable options for their auto [...]

Reader Question Can you tell me what is GM’s Smart Buy and Smart Lease program consists of? Shirley, Houston, TX   Hi Shirley, does this help explain their programs to you? SmartLease Plus expands the lease to help you avoid monthly payments (contact GMAC for more information). And the Low Mileage Lease benefits those who [...]

Reader Question: Hi, can anyone please explain the whole auto leasing concept to me in laymans terms? Thanks, Tom, Atlanta GA Hey there Tom, Car leasing (auto leasing) is essentially a way of obtaining a vehicle for a set period of time. Leasing is not renting and renting is not leasing, nor is it financing. [...]

Are you considering an auto lease deal over conventional buying? Auto leasing is gaining popularity among consumers in the US because it offers them a chance to drive the cars they want, often better cars than they can afford to buy. Low monthly payments are a big attraction of auto leasing. Auto leasing is more [...]